Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

USCG manages to save 9-man crew

Search and rescue teams that were appointed by the U.S. Coast Guard have managed to successfully rescue nine seafarers from the Canadian Liana’s Ransom tall ship at about 58 miles east …

 /  Accidents

Video: New Suez Canal development

The new waterway project, based in Egypt and named the New Suez Canal, is focusing on the expansion of the current Suez Canal that connects the Red Sea and the Mediterranean Sea.  …

 /  Curious

MSC Oliver delivered

Earlier than expected, MSC Oliver was officially inaugurated, as announced by MSC. The ceremony took place yesterday, March 30, at the DSME shipyard in Busan, South Korea.  …

 /  Vessels

China COSCO profits rise by 54%

The profit of China COSCO Holdings registered a surge of 54% year on year (y/y) to CNY 362.5 million (USD 58.5 million) on government subsidies regarding old tonnage scrapping.  …

 /  Finance

Cargo vessel detained in Crimea

A Turkish-owned general cargo vessel has been arrested by Ukrainian authorities and the vessel’s respective captain has been detained in regard to the ship visiting a port in Crimea following …

 /  Vessels

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