Turkey: Environmental Pollution Fines and Recommendations

(http://www.MaritimeCyprus.com) Turkey has been developing environmental protection for their territorial waters, and significant fines are applicable to vessels that violate Turkish antipollution regulations. Different from the major increase imposed in December 2018, this is a mere adjustment of the fines for inflation that takes place every year. According to the declaration of the Ministry of…

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Iceland – heavy fuel oil banned as of 01 Jan 2020

(http://www.MaritimeCyprus.com) The Government of Iceland has issued a news release stating that, effective 1 January 2020, the permissible sulphur content of marine fuels used in the territorial sea and internal waters of Iceland will be lowered from 3.5% to 0.1%. The Iceland Minister for the Environment and Natural Resources has issued a regulation tightening fuel…

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American rescuer who saved four recognized with IMO bravery award (video)

(http://www.MaritimeCyprus.com) Petty Officer Michael Kelly, a rescue swimmer with the United States Coast Guard, received the 2019 IMO Award for Exceptional Bravery at Sea during 2019 IMO Awards ceremony. Petty Officer Kelly was recognized for his courage, perseverance and skill in rescuing four survivors from a life raft from a sinking fishing vessel, in extremely high…

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Due diligence for ship finance transactions in Cyprus

(http://www.MaritimeCyprus.com) The Shipping Industry is currently undergoing one of its largest economic and financial crises of recent memory due to the turmoil brought on by the credit crunch. It is under these circumstances that prudent and careful financial and investment decisions need to be made in order to not only survive the turbulence, but to thrive…

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Flashback in maritime history – Costa Concordia grounding, sinking and 32 fatalities, 13 Jan 2012

(www.MaritimeCyprus.com) On 13 January 2012 at 21:45, Costa Concordia struck a rock in the Tyrrhenian Sea just off the eastern shore of Isola del Giglio. This tore open a 50 m (160 ft) gash on the port side of her hull, which soon flooded parts of the engine room, cutting power from the engines and ship services. With water flooding in and the ship listing, she drifted…

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Flashback in maritime history – The Afrique passenger ship sinking with 575 fatalities, 12 Jan 1920

(www.MaritimeCyprus.com) The Afrique was a passenger ship of the French shipping company Compagnie des Chargeurs Réunis, which from 1908 to 1920, traded between French territories of French West Africa, French Equatorial Africa, and Post of Bordeaux in the French colonies. On January 12, 1920, the generators in engine room failed during a storm off the French coast. The steamers, were then unable to maneuver and was thrown against a reef. The Afrique sprung…

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