Let’s take a look at 10 famous captains -including admirals, pirates, and explorers- in history. 10. Ferdinand Magellan Ferdinand Magellan (c. 1480 – 27 April 1521) was a Portuguese explorer who organized the Spanish expedition to the East Indies from 1519 to 1522, resulting in the first circumnavigation of the Earth, which shattered the belief…
When the COVID-19 pandemic began, the entire maritime industry was hit hard, including the port business. However, even though there are still some challenges ahead, most ports are now doing pretty well. According to a report released by the United Nations Conference on Trade and Development (UNCTAD), in the first 24 weeks of 2020, the…
Even though the number of pirate attacks against ships worldwide seems to have been decreasing for the last decade, maritime piracy is still a very serious problem. Let’s take a look at the roots of the issue and the possible sustainable solutions. Piracy is an act of robbery or criminal violence by ship or boat-borne…
Luckily, the pandemic can’t stop the shipping industry events to be held online. Here are the upcoming exhibitions and conferences for the next three months. SMM Digital (Feb 2-5, 2021) SMM (shipbuilding, machinery, marine technology) is the leading international trade fair for the maritime industry. It’s held every two years in Hamburg. Experts and representatives…
The problems that seafarers face because of the pandemic is not just about labor rights This is a humanitarian crisis. Here is why and what needs to be done for the solution. The effect of the pandemic on seafarers is no joke. The travel bans and restrictions imposed by almost every country due to the…
Strong cargo demand continues, equipment shortage worsening, and schedule reliability deteriorating in the ocean freight market. DHL Global Forwarding released its latest report on the ocean freight market. Three topics are highlighted in the report: Persistence in the cargo demand, worsening in the equipment shortage, and deterioration of the schedule reliability: According to the report,…
Following the most challenging year that the industry has ever seen, 2021 has arrived with many unknowns but also some positive signs to be hopeful. The pandemic had severe effects on many industries in 2020, including shipping. Global maritime trade is expected to have plunged by 4.1% in 2020, according to the United Nations Conference…
Ocean Infinity orders eight optionally crewed addition to its Armada fleet of robotic vessels. US-based marine robotics company Ocean Infinity’s Armada fleet of robotic vessels is ready to go to the next phase. The company has signed a contract for eight 78-meter, optionally crewed robotic vessels. The new vessels will be designed and built by…
Crew changes during the pandemic have been challenging for every actor in the industry. Danica reports each change costs up to $2,000 more. Seafarers have their own concerns. IMO is trying to step in with new protocols. Between March and August 2020, the first peak point of the pandemic, national health and immigration authorities started…
Here are some forecasts about how the energy industry will look like next year. Global Oil Demand May Not Recover The International Energy Agency (IEA) has revised its prediction for the oil demand in 2021 to 5.8 million barrels per day. Even though this means 300,000 barrels per day increase in the agency’s previous prediction,…