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Global shipping industry rejects Biden freight price collusion claims
The World Shipping Council (WSC) today firmly rejected claims made by President Joe Biden that ocean carriers colluded to enrich themselves by astronomically raising freight prices during the pandemic period. The WSC was responding to the announcement made Tuesday by President Biden during his State of the Union address that the United States intends to
Car carrier Felicity Ace sinks
The Felicity Ace car carrier has sunk in the Atlantic Ocean, announced MOL Ship Management (Singapore). The vessel sank around 9 a.m. local time on Tuesday about 220 nautical miles off the Azores Islands. MOL cited initial reports from the on-site salvage team. Salvage vessels are remaining in the area to monitor the situation. The
Cruise industry in Halifax preparing for big comeback
After being shut down for two years due to the global pandemic, the cruise industry in Halifax is looking forward to a strong recovery. The 2022 cruise season in Halifax will start on April 26 with the arrival of Norwegian Getaway, a Norwegian Cruise Line vessel and Ocean Navigator, an American Queen Steamboat Co. vessel. The season will
Ottawa banning Russian vessels from Canadian ports and waters
Canada announced today it is closing its waters and ports to ships owned or registered in Russia, including fishing vessels, as a result of the Russian invasion of Ukraine. Issued under the Special Economic Measures Act, the ban is expected to take effect later this week. Transport Minister Omar Alghabra said Russia should be held
Four UN bodies seek renewed global efforts to mitigate crew change crisis
Geneva – Four UN organizations have called for continued global collaboration to address the crew change crisis that at times during the COVID-19 pandemic has left more than 400,000 seafarers stranded at sea. In a joint statement issued today, the International Labour Organization (ILO), the International Maritime Organization (IMO), the United Nations Conference on Trade and Development (UNCTAD)
Most major shipping lines suspend shipments to and from Russia
Maersk, its 2M Alliance partner Mediterranean Shipping Co., and CMA CGM have joined Hapag-Lloyd and Ocean Network Express (ONE) in suspending bookings for Russian cargo in response to tightening global sanctions following the invasion of Ukraine, the JOC.com news platform reported today. “As the stability and safety of our operations is already being directly and indirectly impacted
On our Forum: Beware of risks for ships carrying EV vehicles…
By Michael Grey Here is a useful motoring tip that you probably will not discover in your service manual, should your new, all-electric vehicle inadvertently burst into flames. While your natural inclination might be to run for your life, it is suggested that the terrifying fire might be smothered in a blanket, or better still,
Suez Canal announces new toll increase effective March 1
After raising tolls one month ago, the Suez Canal Authority has announced another toll increase effective March 1, 2022. According to circulars by the canal authority, the levy decision was “in line with the significant growth in global trade, the improvement of ships’ economics, the Suez Canal waterway development and the enhancement of the transit