March 2022

CyberOwl, HFW Report: Maritime Industry Pays Average $3m Ransom In Cyberattacks

New research has found that where cyberattacks in the maritime industry lead to a ransom payment, shipowners pay more than $3 million on average to the perpetrators. The report, which was produced by maritime cyber security company CyberOwl and global, sector-focused law firm HFW, also reveals significant gaps in cyber risk management that exist across …

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Mines from Ukraine drift into the Black Sea, Russia and shipping sources say

Several hundred mines have drifted into the Black Sea after breaking off from cables near Ukrainian ports, Russia’s main intelligence agency and shipping market participants said. The Black Sea is a major shipping artery for grain, oil and oil products. “Due to storm weather, the cables connecting the mines to anchors were broken,” Russia’s Federal …

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U.S. Importers Are Trying to Ship Around Potential Labor Disruption

U.S. importers are already starting to reset their supply chains to avoid disruptions ahead of potentially contentious contract talks this summer between West Coast dockworkers and the companies that manage the flow of goods through ports. Some shippers are pulling forward their holiday-season orders to get them into domestic networks early, logistics operators said, and …

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Port of Bilbao rolls out shore power project to cut carbon footprint

Spanish Bilbao Port Authority has decided to supply electricity to ships docked at the port and install renewable energy power plants, making a firm commitment to the energy transition and the decarbonization of port activities. The post Port of Bilbao rolls out shore power project to cut carbon footprint appeared first on Offshore Energy.

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