Yearly Archives: 2017
VLGC Market Dipped in Average Third Quarter Earnings
The Executive Committee of EXMAR NV reports its third quarter results 2017.
Highlights of recent developments are:
Sale of BELGIBO (insurance brokerage) to Jardine Lloyd...
Reduced Margins of Operational Safety Grounded an Ultra-large Container Vessel
Summary
In the early hours of the morning on 22 August 2016, the 399m long ultra-large container vessel CMA CGM Vasco de Gama grounded on...
New Maritime Safety Rules Sail to EU
New legislation to simplify and improve passenger ship safety rules were adopted by the European Council on October 23.
“The adoption of these new safety...
No Encapsulation! New Gas Valve Unit Increases Engine Efficiency
Shipowners and shipbuilders can increase engine efficiency, save energy and reduce costs with a new gas valve unit.
Eltronic FuelTech’s Geminus is also engineered to...
Where is the Container Shipping Industry Headed?
By Jason Chiang
I was invited to speak at a panel on container shipping at the Bloomberg Intelligence Shipping Seminar. Rahul Kapoor, Asia Pacific Transportation Analyst,...
[Watch] Brave Footage of ‘Water Tornado’ Heading Towards Their Ship
A massive 'water tornado' swirling above the sea was captured in dramatic footage by two brave sailors - as it headed straight towards their...
Fire Ants Found at Gwangyang Port
On October 26, around 100 tropical ants were discovered inside a container at Gwangyang Port, South Jeolla Province.
What happened?
The tropical fire ants are suspected...
€92 Million Lock Opens for Euro Traffic
A giant new river lock which can handle modern river and canal motor ships up to 110m in length and will significantly improve European...
Ghost Ship Sails into North Dakota
On halloween to up the frightening factor, a pirate ship reportedly sailed into a North Dakota farm.
Scare seekers flock to the vessel:
The scare seekers...
Storm Herwart Damaged 5 Freighters in Northern Germany
On October 29, five cargo vessels ran into trouble after being reportedly affected by storm Herwart.
What happened?
The storm Herwart which has been sweeping across...