Maritime Vessels Directory

The United States on Thursday lifted sanctions on Marshall Islands-based Delos Voyager Shipping Ltd and Greece-based Romina Maritime Co Inc that had been imposed last month over accusations the companies operated in the Venezuelan oil sector.The U.S. Treasury Department’s action lifted Venezuela-related sanctions on four companies, including Marshall-Islands based Adamant Maritime Ltd and Sanibel Shiptrade Ltd, as well as on four vessels.The move, which follows the delisting last month of other Greece- and Marshall Islands-based shipping firms, removed the remaining Greece-based companies blacklisted in June for transporting Venezuelan oil from the U.S.

Djibouti Ramps Up Efforts to Get Sailors Stranded by COVID-19 off Ships

45 minutes ago

Djibouti has carried out the first crew change of merchant sailors in its territory and is ready to get home more seafarers who have been stranded by the coronavirus, a senior port official said.Lying on the Bab al-Mandab strait, which is one of the world's busiest shipping chokepoints, Djibouti is a critical transit hub. More than 2,500 ships transit and call at its ports annually.Continued complications with changing over ship crews due to coronavirus restrictions in some jurisdictions is still affecting supply chains despite an easing of lockdown in many parts of the world.

Marine Fuel Market Facing Tougher Q3 as Supply Rises

52 minutes ago

Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said.Third-quarter supply is estimated to rise by 620,000 barrels per day (bpd) from the second quarter as China and Brazil increase production, according to consultancy Energy Aspects.This comes as inventories across key marine refueling hubs recently reached all-time highs, depressing bunker fuel prices and refiners' margins and dashing hopes for a profitable year for sellers of low sulfur fuel that meets new emission regulations set by the International Maritime Organization.

Dryad: Heavily Armed Men Attack Cargo Ship off Benin. Kidnap 5 Crew Members

4 hours ago

The maritime security intelligence group Dryad has reported that general cargo vessel KOTA BUDI was boarded by heavily armed men resulting in the kidnap of 5 crew."The kidnapped crew are believed to all be Chinese nationals," Dryad said. The incident reportedly happened on Thursday.According to Dryad, the vessel can be seen to have been drifting at the time of the incident at 153nm offshore. AIS indicates that the vessel has been in position for approximately a week having previously visited the Nigerian port of Warri, Dryad said."This is the 7th incident in the waters off Benin within 2020.

Chilean Navy Sailors Make New Friend after Rescuing Dog from Frigid Waters

3 hours ago

Chilean Navy sailors made a new best friend this week when they pulled a dog from the country's frigid coastal waters.The sailors spotted the struggling dog about a mile offshore from the bridge of their ship and sent out a Zodiac raft to pull the pooch from the cold waters of Talcahuano Bay to safety."Yesterday, we were returning to our port base in Talcahuano after a mission to relieve marine infantry that were supporting the health quarantine in the Chiloe area, and approximately one mile from docking, from the ship's bridge we saw this dog swimming...," said Navy unit commander, Captain Federico Cavada.

Maritime Reporter and Engineering News (June 2020)

2020 Yearbook