seafarertimes.com ~ Maritime News for Filipino Seafarers

Cosco Shipping International profits weighed by coating business
Cichen Shen 24 Aug 2018

Cosco’s shipping service unit saw net profit down 9%, affected by losses from its coating joint venture with Jotun A/S. It marine insurance and spare parts business also recorded reduced segment profits

Hong Kong-listed company has painted a challenging picture for the markets going forward, saying it is facing cost pressure from shipping firms ...

Shipping companies abandon vessels without restraint in Nigeria
24 Aug 2018 https://www.dw.com/en/shipping-companies-abandon-vessels-without-restrai...

Nigeria's waters have become a dumping ground for shipwrecks and the people living on the coastline say the unserviceable vessels abandoned by local and international shipping companies are making their lives hard.

Making a fragmented and inefficient container industry more profitable through PortCDM
24/08/2018

Introduction

Nanotechnology can cure shipping’s sulphur conundrum
Venkatraman Sheshashayee August 24th, 2018 https://splash247.com/nanotechnology-can-cure-shippings-sulphur-conundrum/

Tanker with 19 crew on board missing in piracy-plagued West African waters
Angus MacSwan August 22, 2018 https://www.reuters.com/article/us-gabon-tanker/tanker-with-19-crew-on-b...

Aussie cruise ship worker reveals dark side to glamorous industry
Emily McPherson Aug 23, 2018 https://www.9news.com.au/2018/08/23/11/37/aussie-cruise-ship-worker-reve...

Fishermen are six times more likely to die at work
23rd August 2018 http://www.dorsetecho.co.uk/news/16589796.fishermen-are-six-times-more-l...

FISHERMEN are six times more likely to face a risk of death than the most dangerous jobs on land, according to new figures.

The figures published in the Marine Accident Investigation Branch and Health and Safety Executive’s annual reports showed that the industry suffered a rate of 62 fatalities per 100,000 workers.

Five cargo ships grounded by storm Update Video partial evacuation
Mikhail Voytenko August 23, 2018 https://maritimebulletin.net/2018/08/23/five-general-cargo-ships-grounde...

The World’s First Electric Autonomous Container Ship To Set Sail In Norway
August 23rd, 2018

Maersk to sail first container ship over top of Russia
Aug 22, 2018

Northern Sea Route touted as potential rival to Suez Canal for trade as Arctic ice melts

Maersk Line will this week launch the first container ship on an Arctic route over the top of Russia as the world’s biggest carrier of seaborne freight experiments with an alternative to the Suez Canal.

The Venta Maersk, a 3,600-container new ice-class ship belonging to the Danish group, will leave Vladivostok in the next few days bound for St Petersburg, which it will reach by the end of September.