Marinakis group takes delivery of last feeder newbuildings
Energy efficient, nine-ship series of 1,827 teu vessels from Hyundai Mipo is employed under a mixture of charters
Source: lloydslist.com
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Vessel reports explosion in the Red Sea
UKMTO reported the incident in the Red Sea on the morning of April 24, which comes after a significant quiet period for attacks in the region
Source: lloydslist.com
Lack of insurance a threat to safety of navigation, nations tell IMO
A recent oil spill from a capsized barge, which damaged the coastline of Trinidad and Tobago, was just one example of what can happen when unsafe vessels sail without insurance
Source: lloydslist.com
Transpacific contract rates win lift from higher spot market
Spot rates may have fallen back from the peaks, but carriers have prevented them falling below Red Sea-crisis levels. That has helped them secure higher rates in this year’s transpacific contract negotiations
Source: lloydslist.com
Why increasing North Korean shipments have sparked sanctions scrutiny concerns
Deepening diplomatic ties between Russia and North Korea has increased clandestine maritime oil-for-arms trades between the two states, but that comes as Russia is seeking to end UN scrutiny of sanctions compliance and illicit maritime activity
Source: lloydslist.com