Category: Shipping

Greece sells its old tonnage

Greece sells its old tonnage

Gepostet von | 1 Aug 2024 | , , , | 0

The Greeks are apparently getting out of the Russian oil transport business. The largest ship-owning nation in the world, measured by the carrying capacity of its ships, is obviously profiting more from the lucrative sale of its outdated ships, thereby enabling Moscow to circumvent sanctions at the same time. Greek shipowners are selling their depreciated tankers - mostly 15 to 20 years old - at a profit to mysterious buyers with connections to Russia. A dubious business model: keyword "shadow fleet", but not illegal; and certainly enterprising. And even the EU's 14th sanctions package against Russia from June 2024 will not take action against the shadow fleet. kdk Source:...

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Athens - Shadow fleet threatens Greek islands - Update

Athens - Shadow fleet threatens Greek islands - Update

Gepostet von | 31 Jul 2024 | , , , | 0

Tankers that circumvent Western sanctions increasingly pose a risk to the Mediterranean region. Greece is now tightening protective measures for its coast and islands. It is estimated that up to 850 oil tankers make up the so-called shadow fleet. These are predominantly old ships (over 15 years old) that transport oil from countries such as Iran, Venezuela and Russia and are difficult to track due to opaque ownership, lack of or inadequate insurance, maintenance and classification (ship MOT). These oil tankers have been involved in at least 50 incidents to date, including fires, engine failures, collisions and oil spills, according to the German insurer Allianz Commercial in its 2024 annual report....

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The "Gorch Fock" has a new commander

The "Gorch Fock" has a new commander

Gepostet von | 25 Jul 2024 | , , | 0

Handover of command at Kiel-Wik naval base Today, Thursday 25 July, the commander of the Mürwik Naval School, Flotilla Admiral Jens Nemeyer, handed over command of the German Navy's sail training ship from Captain Andreas-Peter Graf von Kielmansegg to Frigate Captain Elmar Bornkessel. The old man After a good two years in command of the German sail training ship, Graf von Kielmansegg is leaving the ship: "After my predecessor successfully brought the ship out of the shipyard and back into service, it was an exciting task to continue on this path." The aim was to promote the confidence of the regular crew and to resume the training of officer candidates. "If I can contribute anything to this...

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Maritime piracy: fewer attacks on ships, but no reason to sound the all-clear

Maritime piracy: fewer attacks on ships, but no reason to sound the all-clear

Gepostet von | 19 Jul 2024 | , , , | 0

From an ICC Germany press release The latest report on piracy and armed robbery at sea for the first half of 2024 shows that there have been fewer attacks compared to the previous year. Nevertheless, caution is still required. In its report for the first half of 2024, published on 11 July 2024, the ICC's International Maritime Bureau (IMB) recorded a total of 60 incidents of piracy and armed robbery against ships - slightly fewer than in the same period last year (65 incidents). 84% of the targeted ships were successfully boarded (46) or hijacked (four) by the perpetrators; two ships were shot at and...

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New water reservoir planned for the Panama Canal

New water reservoir planned for the Panama Canal

Gepostet von | 18 Jul 2024 | , , , | 0

The Panama Canal Authority (ACP) is planning to build a new additional water reservoir to ensure the maximum passage of 36 ships per day even during periods of drought. The Indio River Reservoir project would become part of the existing artificial lakes and feed Lake Gatun, as well as providing a little more safety and a higher level of reliability for the route and the drinking water supply for the population. A law passed in 2006 previously prohibited the construction of additional water reservoirs outside of the country's own water catchment area. The Supreme Court of Panama has now authorised the construction of the new reservoir in order to increase water availability. To ensure that the project in the catchment area of the...

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