The seafarer community is in the midst of a mental health crisis due to the impacts of the COVID-19 pandemic on the seafarers’ welfare and that of their families, the latest edition of the Seafarers Happiness Index (SHI) published by the Mission to Seafarers shows. The SHI is a barometer of the key
Dubai-based port and terminal operator DP World recorded a slight decrease in container throughput in the first half of 2020, despite negative COVID-19 effects.
The condition of the decaying oil storage vessel Safer, floating north of Hodeidah, Yemen, is deteriorating daily, posing a major threat of an oil spill, the UN Security Council was told last week. There is a concern that the dilapidated tanker might rapture causing an explosion and oil spill into t
Bahri, the world’s largest owner and operator of very large crude oil carriers (VLCCs), recorded a surge of 1,569% in its net profit for the second quarter of 2020, reaching SAR 760.61 million ($ 202.7 million). Total revenue came in at SAR 3.53 billion, up 145% from SAR 1.44 billion recorded in the
Cyberattacks on the maritime industry’s operational technology systems have increased by 900% over the last three years with the number of reported incidents set to reach record volumes by year-end, according to Israeli cybersecurity specialist Naval Dome. Addressing port and terminal operators duri
The International Transport Workers’ Federation (ITF) estimates that there are now approximately 300,000 seafarers trapped working aboard ships due to the crew change crisis caused Covid-19 border and travel restrictions, and an equal number of unemployed seafarers waiting to join them who are ashor
The crude oil tanker MV Gulf Sky, which went missing for several days after going off radar, has reemerged in Iranian waters. According to Human Rights at Sea, the crew of the ship was allegedly kidnapped on the evening of July 5, 2020, by unknown persons and they were forcedly transferred to Irania
Qatar’s Nakilat, the world’s largest LNG shipper, reported a 15.5 percent rise in first-half profit as it reduced administrative costs and purchased stakes in four vessels. The Qatari LNG shipping giant posted a net profit of 550 million riyals ($151 million) compared to 476 million riyals in 2019.
Crude oil tanker MV Gulf Sky, which has been under arrest in UAE under a UAE Admiralty Law injunction since January 2020, seems to have gone missing as the vessel’s location is unknown for days. By leaving the anchor off Port Khor Fakkan Anch and UAE waters, the ship has violated the injunction and
The outlook for the global shipping sector for the coming 12 to 18 months remains negative, according to Moody’s new report. The key drivers of the negative outlook are a combination of expectations that the global economy will shrink in 2020 due to the impact of the pandemic and the road to recover
The maritime sector is the backbone of the global supply chain, with 90 per cent of the world trade, from fish that we eat for dinner to gas for our cars, being carried by sea from one part of the world to another. Keeping global trade moving during the COVID-19 pandemic has been one of […]
Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no
Finnish technology group Wärtsilä has been contracted by Dubai-based E-Marine, a specialist operator of cable layer vessels, to improve the efficiency of its cable layer Umm Al Anber. The comprehensive scope of solutions ordered back in May includes two Controlled Pitch Propeller (CPP) systems with
More than 40% of vessels were suffering from over 10% hard fouling coverage on the hull even before the idling of fleets due to COVID-19, analysis of hull fouling collection data in a new research commissioned by Swedish biotechnology company I-Tech AB shows. I-Tech contracted independent marine coa
