Yearly Archives: 2018
Dense Fog Grounds Container Ship
On January 15, a container vessel reportedly got stuck at port channel due to dense fog while disrupting traffic.
What happened?
The container ship ‘MV Tzini’...
Singapore Oil Refinery Heist, 3 More Suspects Arrested
On January 13, three men were suspected on the charges of involvement in large-scale oil theft at Shell’s biggest refinery.
What happened?
The Singapore court has...
Match Shippers with Shipping Companies
Weathernews Inc., headquartered in Chiba, Japan and Mitsui & Co. headquartered in Tokyo, Japan, have decided to form a joint venture company named Maru...
Baltic Exchange to Develop LNG Freight Index with Ship Brokers
The Baltic Exchange is eyeing for the LNG market.
It is launching a freight index for LNG
Further plans of tying up with...
Rising Oil Price Poses Another Profitablity Problem for Containership Operators
Container operators are hardly hit by the LFSO marine fuel transformation which has escalated the fuel prices, posing a renewed risk to carrier profitability.
This...
Singapore Smashes Bunker Sales Volumes in 2017
Singapore posted record sales, volumes of marine fuels for the third straight year in 2017, even as the city state revamped the market last...
Shipowners Return to Buying Ways
Shipowners are back at procuring new ships.
They are opting for bulk carriers.
China is emerging as the biggest global player amongst the...
Captain’s Maneuvering Error Costs Millions
Summary:
On the morning of May 8, 2016, the passenger vessel Carnival Pride was attempting to dock at the Cruise Maryland Terminal at South Locust...
RIMS Gets Class Approval from Lloyd’s Register
Drone and robotics specialist RIMS (Robotics In Maintenance Strategies) have received their fourth Classification Certificate as Recognized External Specialists, from Lloyd’s Register for the...
[Watch] Plane Skids Off Runway and Hangs Off Cliff
On January 13, a commercial plane narrowly missed plunging into the Black Sea after reportedly skidding off a runway.
What happened?
The commercial plane ‘Pegasus Airlines...