A US maritime agency has warned of an increased risk of attacks by extremist groups in the Arabian Sea. The US Maritime Administration (Marad) issued a guidance on March 13 saying “elevated regional tensions have increased the risk of potential maritime attacks conducted by extremists”.The warning came with advice for vessels in the Gulf of…
President Vladimir Putin ordered large-scale unplanned exercises in the Black Sea involving 36 warships and close to 7,000 personnel, two months after Russia held its biggest naval maneuvers in the Mediterranean in more than two decades. Putin issued the order today at 4 a.m. Moscow time on his way back from Durban, South Africa,…
Cochin Shipyard Limited (CSL) delivered a high specification Platform Supply Vessel, “Sea Tantalus”, bearing the Hull No. BY-089, to M/s. PSV Holding Inc.,Liberia. This is the first of a series of four (4) Nos. of similar vessels being built for the same client. The Protocol documents of the ship were signed by Capt. R.S.Sundar,…
Indonesia-based oil and gas shipping company, PT Berlian Laju Tanker, filed for Chapter 15 creditor protection in a U.S. bankruptcy court on Tuesday, days after it reached a deal with creditors to restructure its $1.9 billion debt. Under U.S. bankruptcy laws, Chapter 15 grants a foreign company protection from creditors looking to seize its…