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Following Merchant Navy Day this Monday (3 September), mental health minister Jackie Doyle-Price has expressed her appreciation for modern-day merchant seafarers and the impact weeks away from their homes and families can often have on their well-being. A recent study published by the maritime welfare charity Sailors’ Society and Yale University found that 26% of…

Friday’s AGM  of the Australian Cruise Association at the Cable Beach Club Resort in Broome elected two new members to the 2018/19 management committee. Scott Lovett of Tourism Northern Territory has replaced Tony Clementson, who died recently, and Christine Cole, project manager of Tourism Western Australia, came in place of Julie O’Brien, manager partnerships for Tourism &…

Princess Cruise Lines Has Been Fined $20m By US For Breaking Pollution Laws A fine of  USD20 million has been imposed on Princess Cruise Lines and its owner Carnival Cruise Lines by a Florida court. The fine is imposed because it broke pollution laws. The latest fine is imposed for violation of Carnival’s probation which…

Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it is commencing a cash tender offer (the “Annual Mandatory Offer”) to purchase up to $20 million aggregate principal amount (the “Maximum Offer Amount”) of its outstanding 9.875% First Priority Secured Notes due 2022 (the “Notes”) at a purchase price of 102% of the…

The 25,600 dwt handy size dry bulk cargo vessels, Haaga and Viikki, the first of their kind to use LNG, were delivered to the company in 2018. In the fourth quarter, both vessels arrived fully laden to the Baltic Sea via the Northern Sea Route. However, “extensive and serious problems” in the conventional mechanics of high-power cranes, which are subject to warranty,…

The technology group Wärtsilä partners with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D. The partnership covers four different streams: digital acceleration, cyber-physical security, intelligent vessel and port operations. Wärtsilä and MPA have also agreed to support and leverage start-ups and small and medium enterprises in Singapore in these…