The International Union of Marine Insurance (IUMI) is raising the alarm over a significant surge in cargo theft and freight fraud across the global supply chains. Criminals, it says, are increasingly deploying digital tools, including artificial intelligence (AI), to perpetrate illegal schemes. The lobby group IUMI, together with the Transported…
Business
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Denmark Selects Distributed Construction Strategy for New Arctic Ships
Danish Defence reports that the study group working on the strategy for the construction of its new Arctic ships selected a distributed construction model, which will be the most cost-effective while creating jobs and speeding development of the ships. They called the agreement a milestone that will also set the…
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Small Tanker Grounds on Waterfront at Port of Santa Marta
Officials in Santa Marta, Colombia are attempting to refloat a small tanker that has gone aground next to a breakwater near the center of town. At about 2230 hours on Monday night, the small tanker Intergod VII grounded on Playa de Los Cocos, a beach about one mile south of…
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Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier
The Italian Coast Guard completed its inspection of the livestock carrier Blue Ocean A after overseeing the towing of the disabled ship into the port of Cagliari. While not saying it was a record, they are reporting the vessel racked up an astonishing 54 deficiencies during the inspection, and 30…
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Hutchison Asserts Panama has Breached Contract and Starts Arbitration
CK Hutchison fired back in its ongoing dispute over the concession to operate the port terminal at each terminus of the Panama Canal, saying it has commenced an international arbitration. The Hong Kong-based company asserts Panama has been conducting a “campaign” against its Panama Ports Company and said it would…
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Malaysia Lets Tankers in Iran-China STS Oil Transfer Off with a Fine
An area off Malaysia’s eastern Johore coastline has for several years seen a concentration of dark fleet tankers, many sanctioned, uninsured, flagless, and in poor seaworthy condition, engaged in the transfer of Iranian crude from tankers ex-Iran to tankers heading for China. This Ship-to-Ship (STS) “transfer box” lies wholly within…
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Tanker Crew Rescues Yacht in Challenging Weather off Bahamas
On Monday morning, a merchant tanker rescued three people from a sailboat in distress about 450 miles to the east of Daytona Beach, Florida. The response began at 1520 hours on Sunday, when Coast Guard Southeast District received an EPIRB alert from an unnamed yacht northeast of the Bahamas. The…
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UK Prime Minister Highlights Anemoi Marine Technologies as a Global Leader
[By: Anemoi Marine Technologies Ltd.] Anemoi Marine Technologies Ltd. (“Anemoi”)a UK-based engineering innovator in wind-assisted propulsion for shipping, is proud to be recognised during Keir Starmer’s visit to China, where the company is being highlighted as an example of British excellence in maritime decarbonisation. With headquarters in the UK and production…
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Hempel Completes First Round of Successful Applications with Hempaguard NB
[By: Hempel] Hempel has successfully completed the first ever applications of its next-generation silicone hull coating, Hempaguard NB, with one of the newbuilding vessels being Tangier Maersk – the first in a new series of six 9,000 TEU vessels ordered by Maersk. This marks an important step in extending the…
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Roll Group Ordered Two Heavy-Duty Deck Barges for Its Expanding Fleet
[By: Roll Group] Roll Group has announced the purchase of two new barges in Indonesia as part of the company’s ongoing fleet expansion. Built to DNV classification standards, the new barges will enhance Roll Group’s ability to deliver integrated, engineered transport solutions for complex energy and infrastructure developments in the…