Vessel operating cost (OPEX) inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of COVID-19 related costs, according to the latest Ship Operating Costs Annual Review and
The Maritime and Port Authority of Singapore (MPA) and California’s San Pedro Bay ports of Los Angeles and Long Beach have begun discussions to establish a green and digital shipping corridor between
A number of recent ship fires have underscored the continuing safety threat created by the transportation of lithium-ion batteries. Now insurance providers TT Club and UK P&I Club (both Thomas Miller managed
Cruise giant Royal Caribbean Group (NYSE: RCL) today reported third quarter results that it says were “better than expected and above guidance for the quarter mainly due to higher load factors from
A U.S. Caribbean ECA offense that saw two companies hit with fines of $3 million back in 2019 has now brought a third company a criminal fine of $250,000. Ionian Management Inc.,
A recent incident involving a DP3 drillship that suffered a complete blackout and subsequent loss of position has prompted the Coast Guard to issue a marine safety alert reminding mariners that dynamic
In this edition of Marine Log’s Listen Up! podcast, we talk with Andrew Lee and Ford Wogan of law firm Jones Walker to gain insights into ways in which cybersecurity training is
Container shipping and logistics giant A.P. Moller – Maersk (Maersk) today again reported record results, but analysts seemed to be more focused on CEO Søren Skou’s cautionary words about dark clouds on
Shipments of grain from Ukraine were set to resume today under Turkish and UN supervision, despite an announcement on Saturday from the Russian Foreign Ministry that Moscow was suspending the implementation of
The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system,