Please drop everything now and go buy a PLB, EPIRB or AIS SART! Yes, they really are that important… in today’s episode of The REAL gCaptain Podcast we explain why. Don’t miss the latest episode…. subscribe to our podcast today via: Anchor Google Podcasts Pocket Casts RadioPublic Spotify Stitcher Coming soon to iTunes.
Breaking News
OSV Companies Still Face Serious Difficulty, Study Shows
The offshore supply vessel (OSV) sector continues to be in serious trouble despite a rebound in oil prices as too many vessels compete for limited business opportunities, according to a new study from the global consulting firm AlixPartners. As a result, OSV companies must take quick and decisive action in order to survive in what […]
MSC Announces New Bunker Surcharge to Help Cover $2 Billion Per Year Low Sulphur Fuel Costs
Mediterranean Shipping Company (MSC) has joined its rivals Maersk Line and CMA CGM in announcing a new bunker fuel surcharge to be imposed on its customers to help recover additional costs associated with the 2020 global sulphur cap. Starting January 1, 2020, new International Maritime Organization rules will require ships to use bunker fuel with […]
New Report Details Cabotage Laws from Around the World
Approximately 80% coastal member states of the United Nations have some form of cabotage laws governing foreign maritime activity in their domestic coastal trades, according to an independent analysis conducted by the Seafarers’ Rights International (SRI), a leading international research center on maritime and seafarers’ law. The key finding was part of a new report […]
Portugal, Spain, France, Germany Agree to Take in Aquarius Ship Migrants
By Michel Rose PARIS/LISBON, Sept 25 (Reuters) – France, Portugal, Spain and Germany struck a deal on Tuesday to take in migrants from the Mediterranean rescue ship Aquarius sailing off the coast of Malta, the French government said, after Italy refused to let the vessel dock. The agreement marks the second such co-operation between European […]
Liberia Calls for Early Reporting on 2020-Compliant Fuel Availability
Liberia has submitted a paper to the IMO Marine Environment Protection Committee (MEPC) calling for early reporting on the availability of fuel oil that is compliant with the new 0.50 percent global fuel oil sulphur limit well in advance of 1 January 2020, the effective date the new fuel oil must be used on board […]
Oman’s Renaissance Is Said to Mull $1.5 Billion Topaz Energy IPO
By Ruth David and Dinesh Nair (Bloomberg) — Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering an initial public offering for its Topaz Energy & Marine unit, according to people familiar with the matter. Renaissance, which has a market capitalization of about $379 million, could seek a valuation of about […]
