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Amid Melting Arctic Ice, Kerry sees Looming Climate Catastrophe

Jun 19, 2016

Standing near Greenland's Jakobshavn glacier, the reputed source of the iceberg that sank the Titanic over a century ago, U.S Secretary of State John Kerry saw evidence of another looming catastrophe.Giant icebergs broken off from the glacier seemed to groan as they drifted behind him…

IMB: Beware Commercial Impact of Cyber Attacks

Jun 19, 2016

The International Maritime Bureau (IMB) is asking shipping and maritime companies to be vigilant to the potential commercial impact that cyber-attacks can cause.IMB says that cyber security is not only about trying to identify and to prevent…

USCGC Sequoia Visits Saipan, Open for Tours

Jun 19, 2016

USCGC Sequoia (WLB-215), homeported in Apra Harbor, Guam, is scheduled to arrive in Saipan today, for a port visit before continuing aids to navigation operations in Western Oceania. The Sequoia will be open to the public for tours Sunday from 12 p…

Crowley Scholarships for Four Maine Maritime Academy Students

Jun 19, 2016

Crowley Maritime Corp.’s Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of Maine Maritime Academy (MMA). The four recipients, J.T. DiGuglielmo, Jordan Harmon, Sean O’Connor and Luke Olson…

Seaspan Rejects Hanjin’s Proposal on Charter Rate

Jun 19, 2016

The container ship-leasing company Seaspan Corp declined Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts by South Korea’s biggest liner to revamp debt amid a prolonged trade slump, reports Bloomberg…

Indonesia Again Seizes Chinese Fishing Boat

Jun 19, 2016

Indonesian navy officials detained a Chinese boat along with seven Chinese crew members for allegedly fishing in Indonesian maritime territory in the disputed South China Sea region, Ap reported quoting Indonesia's navy spokesman. The Indonesian…

Nuclear Sub Vladimir Monomakh to Join Pacific Fleet

Jun 19, 2016

TASS reports that Vladimir Monomakh Borey class nuclear-powered ballistic missile submarine (Project 955) will complete the voyage to the Pacific Fleet before the yearend, quoting Commander-in-Chief of the Russian Navy Admiral Vladimir Korolev…

Shipbrokers Challenge Baltic Exchange

Jun 19, 2016

Several key dry bulk shipbrokers have formed the Competitive Ship Brokers Limited (CSBL) to challenge the Baltic Exchange over their role in the market as it tries to sell itself to the Singaporean financial giant SGX, reports the Telegraph…

Russia Aims it Big With Arktika, World's Largest Icebreaker Ship

Jun 19, 2016

The floating out  of the world’s largest nuclear-powered icebreaker Arktika in Russia’s St. Petersburg shows Russia's ambitions to control the top of the world in the 21st century. The Arktika launched early on June 16, ahead of its original 2017 schedule…

Hundreds of Scientists Urge Obama to Halt Arctic Oil Drilling

Jun 19, 2016

Nearly 400 scientists from more than a dozen countries signed a letter urging U.S. President Barack Obama to take the Arctic Ocean out of the next federal offshore lease sale plan, thus ruling out the possibility of offshore drilling in the Arctic in the near future…

Star Bulk Sets Terms on Reverse Stock Split

Jun 19, 2016

Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares.  The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the…

Countries Must Do More to help Greece with Migrant Crisis - U.N. chief

Jun 18, 2016

United Nations Secretary General Ban Ki-moon called on Saturday for countries to do more to help cope with Europe's migrant crisis, saying Greece could not manage on its own.Speaking in Athens before heading to the Greek island of Lesbos…

Brazil Fines Samarco 142 mln Reais for Damages

Jun 18, 2016

Brazil's Environment Ministry fined mining company Samarco 142 million reais ($41.6 million) for damages to three protected areas resulting from a tailings dam burst in November, the ministry said on Friday.The ministry said in a statement…

Strike at French Oil Hub near Marseille Ends

Jun 18, 2016

France's hardline CGT union ended on Friday a strike that had paralysed traffic for 26 days at the Fos Lavera oil terminals on the Mediterranean, the country's biggest oil hub, a management official at port operator Fluxel said.'Unloading resumed at the port at 9 p…

Viking Sea's Maiden Call at Lerwick Port

Jun 18, 2016

Members of Lerwick’s Up Helly Aa Jarl Squad warmly welcomed Viking Sea passengers ashore during her maiden call to Lerwick.   The brand new 47,842 tonne Viking Sea arrived for the first time at Lerwick on Wednesday 15 June, carrying almost…

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