Yearly Archives: 2017
Rickmers Maritime Scraps Second Ship in Two Months
Rickmers Maritime has sold its second container ship for scrap in as many months as the financially troubled Singapore-based charter ship manager struggles to...
Beware of Negative Factors Pressuring the Tanker Market in February
Tanker owner Euronav cites encouraging start for the first quarter of 2017, but warns of negative factors pressuring the tanker market in February
Euronav NV...
Targeting a 30% Improvement in Fuel Efficiency for Marine Vessels
The ETI has published a new report which highlights affordable measures and technologies that could be taken to reduce the fuel consumption and carbon...
Digitisation of Maersk Line with Riverbed Technology
Maersk Line has signed a five-year contract with Riverbed Technology to monitor business-critical applications and services. The container ship operator intends to use the...
Draft EU Ship Recycling List Leads to More Questions than Answers
Lines were drawn clearly at the fourth Ship Recycling Congress on 25-26 January in London. Whilst the Danish Shipowners’ Association continues to argue that...
IMarEST Opens Office in China as Membership Grows
The Institute of Marine Engineering, Science and Technology (IMarEST), the world’s largest global marine and maritime professional body, has announced that it has opened...
A Better Approach to Ship Valuations
By J Mintzmyer
Summary
The following is an overview of the importance of proper valuation data in shipping investments, which includes an interview with the team...
Marine Cargo Fire and Explosion – the Hidden Causes
By Neil Sanders
A small but significant number of marine cargo fire and explosion incidents are due to self-heating in some form. Selfheating can affect...
Engine Disabled While Ballasting! Cargo Ship Disabled
General cargo vessel “AMP Crystal” suffered engine failure on the afternoon of January 22nd while ballasting in the Tsugaru Strait, en route from Kashima...
Steering Failure! Bulk Carrier Collided with an Oil Tanker
On Jan 16, a general cargo ship "Erasmos" reportedly collided with an oil tanker "Blue Emerald" at the port of Leixões. The accident resulted in...