CMA CGM News – FAK Rates – From Asia to North Europe from 15th May, 2024

Please find the new applicable CMA CGM Freight All Kinds (FAK) rates (*) as follows as from May 15th, 2024 (loading date) until further notice:   20’GP 40’GP/40’HC/40’REEFER Asia to North Europe USD 2,700 USD 5,000 Base port to base port rates. Out-ports are subject to usual TAO/TAD. These new FAK rates will apply as follows: – Origin […]

Tanker News – Tsakos Energy Navigation (TEN) sells IZUMO PRINCESS – April 2024

Greek shipping company Tsakos Energy Navigation (TEN) has sold the 2007 Japanese built aframax tanker IZUMO PRINCESS for approximately $37 million, advancing its ongoing initiative to modernize her fleet.   Although the buyer was not disclosed she is now owned by Seychelles-registered Noble Sphere Corp and has been renamed THORIN heading to Primorsk, Russia. Currently […]

Palumbo Malta Shipyard – Cruise Liner LE BOUGAINVILLE – April 2024

One of the cruise liners trading around the world that calls at Palumbo Malta Shipyard is the 2019 built LE BOUGAINVILLE. On Saturday 13th April after she completed drydocking and all refit services with inspections etc, it was the time that she leaves the yard to go outside Grand Harbour for sea trials, compass adjustment, […]

Barges – Cassar’s barges during Malta International Fireworks Festival 2024 – April 2024

The 23rd edition of the Malta International Fireworks Festival is here with Local Licensed Fireworks Factories & Clubs to organize traditional fireworks displays. These Local Licensed Factories are required to serve as a transition between one display and another, and they will also have dedicated days to show their amazing work throughout the Festival. Festival took off last […]

BFT Season 2024 – French & Libyan Purse Seiners at Malta – 18-21.04.2024

The eastern bluefin (BFT) migration has supported valuable fisheries in the Mediterranean since antiquity. Initially based on hand lines and beach seines, these fisheries were dominated after the 16th century by tuna cages placed in the path of migrating tuna. After the expansion of purse seines and longlines in the Atlantic (in the 1950s) and […]

Tall Ships – BELEM arrived at Greece to carry Olympic Flame – 22.04.2024

The Historic 1896 launched barque BELEM arrived this afternoon at Greece to transport the Olympic Flame for the Paris 2024 Games. The Flame has always been transported by plane, it has never arrived by boat, so this is something that is happening for the first time of which the flame will be handed over on […]

BFT Season 2024 – First 2 Italian Fishing Vessels at Malta – 19.04.2024

The eastern bluefin (BFT) migration has supported valuable fisheries in the Mediterranean since antiquity. Initially based on hand lines and beach seines, these fisheries were dominated after the 16th century by tuna cages placed in the path of migrating tuna. After the expansion of purse seines and longlines in the Atlantic (in the 1950s) and […]