Tanguy MOREL, CEO and co-founder of MOMENT

Op-Ed: A digital bet for the future of the maritime sector

By Tanguy Morel, CEO and co-founder of MOMENT Responsible for 90% of trade in goods, maritime transport plays an important role in globalization. However, the COVID health crisis shook the sector, questioning

Retired Army General will take on supply chain disruption issues

Former TRANSCOM commander is new port and supply chain envoy

Retired General Stephen R. Lyons, former commander of the U.S. Transportation Command, will be the new port and supply chain envoy to the Biden administration Supply Chain Disruptions Task Force. General Lyons

P&I club executives plan to create new marine insurer

Major P&I merger set to go ahead

Get ready for a new name in P&I: NorthStandard. Two major players in the marine mutual insurance market — North P&I and Standard Club — are to go ahead with the merger

All Aboard Alliance logo

New initiative aims to make maritime more attractive for new generations of talent

Launched at a meeting in Zurich, Switzerland, this week, the All Aboard Alliance has been formed to pave the way for a diverse, equitable, and inclusive maritime industry. The All Aboard Alliance

crew shortages are growing says Danica CEO

Crew shortages are driving up seafarer wages

The Ukrainian conflict, sanctions against Russia, and new COVID-19 outbreaks in the Far East are all impacting global crewing levels, says Henrik Jensen, CEO of Danica Crewing Specialists. And with crew shortages

NTSB report report implicates bank effect

NTSB determines cause of $8.22 million containership fire

An incorrectly installed section of main engine fuel oil return tubing led to an engine room fire aboard a containership off the coast of Santa Barbara, California, the National Transportation Safety Board

Guilty plea in oily bilge

Ship owner and operator enter guilty pleas in pollution case

Empire Bulkers Limited and Joanna Maritime Limited, related companies based in Greece, pleaded guilty today to knowing violations of the Act to Prevent Pollution from Ships and the Ports and Waterways Safety

lomar CEO

CIT provides up to $30.5 million financing for Lomar Kamsarmax acquisitions

New York City based CIT, a division of First Citizens Bank reports that its maritime finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar

cocaine bust arrest

Bulker master arrested in Australian cocaine bust could face life sentence

The 51-year-old master of the 38,763 dwt Marshall Islands flagged bulk carrier Interlink Veracity was arrested yesterday by the Australian Federal Police (AFP). The man, a national of Montegro, was expected to

Former Austal USA execs face multiple charges

Bulker chief engineer pleads guilty in pollution case

The chief engineer of a Marshall Islands bulk carrier pleaded guilty May 18 to two felony counts: deliberately discharging approximately 10,000 gallons of oil-contaminated bilge water overboard in U.S. waters off the

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