Industry News Archives - Page 51 of 52

China's research vessel - Merchant Navy Info

China’s research vessel headed to Maldives stopped by Indonesian Coast Guard: Report

The ICG stopped the Chinese government vessel “XIANG YANG HONG 03” on its route in the Sunda Strait area on February 1, as reported by the US Naval Institute. Maldives Foreign Ministry confirmed the report. They also said the Chinese vessel would not conduct research in Maldivian territory. SUMMARY The Indonesian Coast Guard (ICG) stopped […]

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India Navy Rescues Two Hijacked Vessels Off Somalia Coast In Two Days

Industry News / admin

The Indian Navy posted photos of the captured hijackers and their members. The Indian Navy has rescued two Hijacked Vessels off the coast of Somalia. Amid growing concerns about a possible resurgence of piracy in the region. Rescue Hijacked Vessels by the warship Sumitra took place within 36 hours of her arrival. Just a few

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Nigeria’s Piracy – Another Form Of Oil Theft

Industry News / admin

The problem of piracy off the coast of West Africa. Highlighted in the International Maritime Bureau (IMB) report, is primarily a problem in Nigeria’s Piracy . According to an IMB report, maritime piracy is now occurring more off the coast of the West Africa than around Somalia. This is partly because of an international naval

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Europe is buying Russian oil via India at record rates in 2023 despite the Ukraine war.

Merchant Navy Info, Industry News / admin

Amid European sanctions, India is profiting from importing cheap Russian crude oil. And selling the same refined crude at full price in the EU market. I would like to receive emails about offers, events and updates from The Independent. Imports of refined oil from India to the EU increased to record levels in 2023. And

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Dark Ships – What are They, and Why are They a Problem?

Industry News / admin

A dark ships is a ship whose AIS (Automatic Identification System) is turned off or disabled. Therefore, it is still visible on radar but typically not on satellite/public surveillance systems. The practice of switching off AIS systems/transponders has been in place for several years. It is commonly associated with illegal activities such as illegal fishing

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MSC Enhances Connections Between Europe and South Africa

Industry News / admin

As part of MSC’s continued efforts to improve services between Europe and South Africa. We are pleased to announce the following updates to services from NWC to South Africa starting March 2024. The current NWC to South Africa service rotation will be updated with a direct call in Bremerhaven. Increasing flexibility for customers transporting cargo

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Amid Red Sea Crisis, Ships Now Face Rise in Somali Piracy

Merchant Navy Info, Industry News / admin

Attacks on ships have increased piracy off the coast of Somalia since maritime security was disrupt. By Houthi militants in the Red Sea crisis in response to the war between Israel and Hamas. The Horn of Africa country has recorded five attacks on commercial vessels off its coast since November. Somalia Maritime Authority chief Hassan

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Elon Musk’s Starlink Offers 2-Month Free Internet Service To IMO Registered Ships

Merchant Navy Info, Industry News / admin

Internet services were provided to vessels with registered IMO numbers. These vessels can sign up for a special offer. That gives users two months of access and five terabytes of mobile-first facilities per month to test the technology. This offer is valid until March 1, 2024. A reseller of Starlink services offers this service. Meanwhile,

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BRICS: Nations Abandoning US Dollar as Reserve Currency in 2024

Merchant Navy Info, Industry News / admin

For the 2024 summit, the BRICS countries invited Saudi Arabia, the United Arab Emirates (UAE), Egypt, Iran, Argentina, and Ethiopia to participate. Four of these six countries have joined the BRICS bloc and are working towards abandoning the US dollar as their main reserve currency in 2024. Another summit is planned for later this year,

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Ukraine Reports Uncovering $40 Million Arms Corruption Scheme

Industry News / Sana Munsoor

The Security Service of Ukraine announces that five individuals have been charged in connection with a scheme to misappropriate funds designated for the purchase of 100,000 mortar shells. According to the Security Service of Ukraine (SBU), individuals from a Ukrainian arms company collaborated with Ministry of Defence officials to misappropriate nearly $40 million intended for

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Industry News

China’s research vessel headed to Maldives stopped by Indonesian Coast Guard: Report

India Navy Rescues Two Hijacked Vessels Off Somalia Coast In Two Days

Nigeria’s Piracy – Another Form Of Oil Theft

Europe is buying Russian oil via India at record rates in 2023 despite the Ukraine war.

Dark Ships – What are They, and Why are They a Problem?

MSC Enhances Connections Between Europe and South Africa

Amid Red Sea Crisis, Ships Now Face Rise in Somali Piracy

Elon Musk’s Starlink Offers 2-Month Free Internet Service To IMO Registered Ships

BRICS: Nations Abandoning US Dollar as Reserve Currency in 2024

Ukraine Reports Uncovering $40 Million Arms Corruption Scheme

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