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Castor Maritime takes deliveries of two vessels
Both acquisitions were completely backed with cash on hand. Cyprus-based shipping firm Castor Maritime has taken delivery of two vessels, namely M/T Wonder Bellatrix and M/V Magic Callisto. On 7 December 2021, the firm agreed to purchase M/T Wonder Bellatrix, a 2006 Korean-built Aframax LR2 tanker. The agreement to acquire…
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BIMCO launches new contract for employment of security escort vessels
BIMCO’s Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The contract is expected to be published in early 2022, according to BIMCO’s release. The BIMCO subcommittee which drafted the new contract was made up of representatives from shipowners and operators, private maritime security companies (PMSC),…
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خبير اقتصادي يرصد المكاسب الاقتصادية ل ” عرس ” منتدى شباب العالم في نسخته الرابعة
غدا يبدأ ” عرس ” النسخة الرابعة لمنتدى شباب العالم بحضور الرئيس عبد الفتاح السيسي فى ” حلة ” جديدة وكرنفال عالمى تزينت به مدينة السلام تتجه أنظار العالم إلى مدينة شرم الشيخ بمحافظة جنوب سيناء بعد غد لمتابعة إطلاق عرس منتدى شباب العالم فى نسخته الرابعة الذى يعقد غدا…
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Ghost cargo ship drifted into Gulf of Siam, no traces of crew or owner (many pics)
Royal Navy Command, Thailand, responded after being informed about a ghost ship found some 70 nm southeasts of Koh Samui island, Gulf of Siam, on Jan 5 or 7, exact date unclear. Abandoned cargo ship of some 80 meters length was adrift, with aft tilt and portside list. She was…
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مجدى صادق يكتب : الجواسيس أم المنجمون أم قبائل الزولو يحكمون العالم (3-2)
هل استخدمت اسرائيل السحر الاسود من خلال 3 الحاخامات لتصفية عبد الناصر ؟ و ماهى العرافة اليهودية التى تنبأت باغتيال السادت ؟ حرم الرئيس الاسرائيلى هيرتزوج تطلب من السادات قراءة ” الكف ” والرئيس الامريكى ريجان لايتحرك الا بتعليمات عرافته ( جوان كويجلى ) حكاية العرافة البدوية ” ام ماجد”…
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Marina diversification strategy: developing non-yachting revenues
“The waiting list for my marina is decreasing, and I see relatively little renewal of my existing customers, what can I do to ensure some form of business continuity in the years to come?” Each month, Marina Management & Consulting (MM&C) answers your questions and gives you thoughts for reflection…
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Indian Register of Shipping issues Review of 2021 and Outlook for 2022
The year 2021 has been a significant year for the Indian Register of Shipping (IRS) with the launch of decarbonization and digitalization-related services, organizational changes, and capability-building initiatives to gear up for future growth, according to IRS’s release. IRS has been able to achieve stable and sustained business growth during…
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Local Lockdown in China and the Stress Upon Global Supply Chain
With the rising cases of covid-19 across the world, signs of the global supply chain coming under stress have started to surface. The world’s largest container port, Ningbo in China has the attention of the world as Ningbo city has undertaken lockdown measures. The Chinese State media has said that…
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