Yearly Archives: 2016

Fire Broke Out on a Cargo Ship Off the Coast of Anglesey

A salvage operation has been launched after a fire broke out on a cargo ship off the coast of Anglesey. The Maritime and Coastguard Agency...

Shortage in Compliant Bunkers to Be Expected in 2020

Aegean Marine Petroleum S.A. (Aegean) general manager Gregory Robolakis says supply shortages of compliant bunkers are to be expected upon the 2020 implementation of...

Perils of the Seas

by Michael Grey The repercussions of the B Atlantic case are still bouncing around in the English legal system YOU probably recall the song about those...

Supply Side Update on Crude Tankers

Overview Since the beginning of 2016 spot and time, charter rates for crude tankers have been under pressure.  This move can be traced to one...

Resurrection of Baltic Dry Index After Decades

By Adventures in Capitalism When the Central Bankers started printing money in 2009, they wouldn’t have been able to stop before they took things to...

BWMS Costs Could Sink Small Shipping Companies

Small- and medium-sized shipping companies may not survive the financial impact of installing ballast water management systems (BWMS), said a marine finance consultant, Alan...

Maersk Line to Acquire Hamburg Süd

Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line.  The acquisition...

Female Seaman: 1,000 Members Sexually Assaulted in 12 Months

Results of study on military sex crimes not surprising: former sailor By PAMELA ROTH When Nicola Peffers heard the results of a recent Statistics Canada survey...

Rolls-Royce Cuts 800 Marine jobs

On December 1, Rolls-Royce has announced plans to cut 800 jobs in restructuring plans forced by “continuing weakness in the maritime market”. Planned measures include...

[Watch] Teen Risks Death Hangs Off Side of Massive Cruise Ship

A reckless teenager has been filmed dangling off the side of a cruise ship as part of dangerous stunt. Video of the November 19 incident...
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