Latest News for: Ship charterer

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Reasons for economic insolvency [Part – II]

The News International 20 Aug 2022
The development of shipping and sea trade through chartered companies in the 15th and 16th centuries laid the foundation for wealth creation and colonization in the subsequent two centuries.
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Engineering Designs and Charter for Efficient European Short Sea Ships

The Maritime Executive 19 Aug 2022
The company has started an engineering partnership to complete the development of its ETA 6700 energy-efficient vessel while also reporting that it has entered into a charter agreement with a Dutch shipping company that anticipates operating six of the vessels ... green shipping.
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Oil supertanker detained after Nigerian navy says it 'resisted arrest'

Reuters 19 Aug 2022
Eikon ship tracking showed it as anchored at Luba, Equatorial Guinea ... 17-18, but ultimately chartered a different ship as it was "aware that she is unable to perform the lifting." The spokesperson said the company had no information or comment on what happened to the Heroic Idun.Register now for FREE unlimited access to Reuters.com.
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UN chief urges rich nations to help developing countries purchase Ukrainian grain

Urdu Point 19 Aug 2022
Ships carrying grain have been leaving there under a recent UN-brokered agreement, and the UN chief said Odesa was a symbol of what countries could achieve when they worked together for the common good. Speaking to journalists, the UN chief revealed that it was a moving experience to be at the port, where he witnessed wheat being loaded onto a ship.
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Oil companies are using a Caribbean fuel trade to work around a century-old US shipping ...

Business Insider 19 Aug 2022
VCG/Getty Images Oil companies are finding ways around a century-old US shipping law to get supplies to the East Coast, according to Reuters. The Jones Act requires that goods traveling between US ports must be carried by American-made ships and staffed by a US crew ... Most of the ships were chartered by BP, it noted.
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Ottawa Spent $120 Million on Cargo Flights to Ship PPE from China in 2020: Documents

The Epoch Times 19 Aug 2022
The Canadian government spent $120 million chartering cargo flights to ship personal protective equipment (PPE) from China in the first 90 days ...
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A New Vista for Eastern Ports

This Day 19 Aug 2022
The shipping companies find it more convenient to take their vessels to Lagos than to the eastern ports ... time of ship. He complained of the delay experienced by ship charterers when their ships come into Onne late at night without agency officials to board the ship for inspection.
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Turkey: UN-chartered ship with Ukrainian wheat cargo arrives in Istanbul

Ruptly 18 Aug 2022
It is the first ship chartered by the UN World Food Programme (WFP) to leave Ukraine since the beginning of Russian action in February.
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Oil companies work around Jones Act to supply U.S. fuel markets

FX Empire 18 Aug 2022
oil companies are working around a century-old shipping law to supply fuel to the U.S ... ports to be carried by ships built domestically and staffed by U.S ... shipping data. The majority of the vessels were chartered by BP Plc ... Several more ships made similar voyages through the summer.
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Mt Maunganui boat crash: Skipper who fell asleep at wheel fined $7k

NewstalkZB 18 Aug 2022
Now the Tauranga man has escaped a large fine for the crash that forced the occupants to abandon ship, because a judge ruled he wouldn't have the means to pay it. The fishing charter vessel was lost in the January 2020 crash but fortunately, nobody was injured.
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Marco Polo Marine's 3QFY2022 Gross Profit Rose Nearly 3X Y-O-Y

MENA FN 18 Aug 2022
(MENAFN - Media OutReach Limited) Voluntary Business Updates 3QFY2022 revenue increased more than 130% y-o-y; Gross Profit rose nearly 3x y-o-y to S$9.7 million Ship chartering segment ... .
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Russian Air Strikes on Odesa Raise Concerns for Grain Shipments

The Maritime Executive 17 Aug 2022
The five ships were reportedly carrying more than 70,000 tons of grain and notably included the departure of the first vessel chartered by the UN to carry wheat to Africa ... However, as was pointed out earlier most of it has been corn that is used as animal feed with the UN chartering a ship and advocating for more wheat shipments.

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Indonesian President Joko Widodo gestures as he delivers his annual State of the Nation Address ahead of the country's Independence Day, at the parliament building in Jakarta, Indonesia, Tuesday, Aug. 16, 2022.
Bagus Indahono/Pool Photo via AP
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