Maritime World

Repost: India is one of the biggest providers of seafarers for the shipping industry. But the nation’s COVID wave has sparked travel curbs and restrictions on Indian crews, sending shipping firms scrambling to find replacements. Sheikh Karim, a seafarer in the eastern Indian state of Odisha, spends hours on his …

1.5 months after the incident, Ever Given and her crew are still in Great Bitter Lakes We have seen the Suez Canal Authority (SCA) make numerous attempts to cajole some payment from the UK Club. First, it released two crew members on special circumstances, followed by another three. Subsequently, it …

Digitalisation will eventually become a norm in the maritime business world New technologies are dominating the ways we do businesses. Though the idea has been heavily advocated since 2019, many enterprises remained hesitant in riding with the disruption. That comes with a series of consequences, including being weeded out from …

  Various shipbrokers observed increased interests in newbuildings and secondhand ships’ market Findings from Allied Shipbroking revealed newbuildings enjoyed improvements as 4 kamsarmaxes and 1 handysize were added in the global dry bulk orderbook. Total recorded order from January to April 2021 peaked at 52, in comparison to 36 for …

The UK Club rejected SCA’s reduced offer of $600 million claim Apparently, releasing 5 crew members and reducing the claims to $600 million from $900 million to free the Ever Given at Suez Canal did not move the UK Club. With no conclusion in sight, SCA’s efforts to settle the …

  SCA chief Lt. Gen Osama Rabie reduced the claims to $600 million for recent Even Given’s blockage A long-drawn legal wrestle between the SCA and Ever Given has yet to reach a conclusion. More than a month after Even Given’s grounding at Great Bitter Lake, the 400m long vessel …

Egyptian court upholds ruling on Ever Given’s withholding More than a month after Even Given’s grounding at Great Bitter Lake, the 400m long vessel remains stuck at the Suez Canal. The UK Club claimed the Suez Canal Authority (SCA) failed to provide a detailed justification for the huge claim, which …

Lack of vaccines causes Indian seafarers to lose out on jobs  India’s COVID-19 infections to date have passed the 20 million mark. Fuelling the fire is the intense lack of raw materials for vaccine production – stemming from US’ embargo. Translating to a serious lack of inoculated seafarers, shipowners take …

Plummeting demand for diesel, gasoline, jet fuel and LPG questions previous forecasts To date, India’s COVID-19 infections numbers are inching closer to 20 million with many pessimistic about the country’s economic recovery. Much to sources’ surprise, India’s diesel, gasoline, jet fuel and LPG demand all declined in April from a …

Three more crew members released from Ever Given after contracts expired Ever Given’s ship manager Bernhard Schulte Shipmanagement (BSM) confirmed the release of three more crew members from the vessel, with SCA’s consensus. In its latest update, the company stressed all remaining crew are “safe, in good health and spirits”. …