Yearly Archives: 2020
Maersk Cutting Costs in Q3 With Layoffs
According to a Reuters report, the world’s biggest container shipping line, Maersk, said on Tuesday demand was recovering faster than expected and lifted its...
G7’s Principles To Boost Safety Amid Pandemic
G7 sets key objectives focusing on various transportation modes and their overall safety amidst the pandemic.
Adopts principles to improve safety in Shipping...
Bulk Carrier Drifted After Engine Failure
Bulk carrier suffered engine failure and drifted in Bosphorus in Beykoz area, Istanbul, reports Maritime Bulletin.
What happened?
Bulk carrier SANTORINI started to drift in Bosphorus...
Vessel Capsized and Sank, 2 Dead & 4 Missing
Sand carrier issued a distress signal requesting assistance on Oct 13, in Hainan Strait, South China, reports Maritime Bulletin.
What happened?
Sand carrier SHUNAN66 issued a...
Insist for Actual Flash Point Values from Supplier, Alerts Viswa Lab
Viswa Group in it’s recent technical update, alerts about identifying 4 fuels with low flashpoint (57, 57, 57 and 59 degC) from the Turkish...
BIMCO Offers New Industry Standard for Ship Sale and Leaseback
BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback.
SHIPLEASE is...
Going Once! Twice! Sold! New Guidance Out
Distressed sales of ships, whether by mortgagees, liquidators or through an Admiralty Court auction process, are taking place with ever increasing frequency in...
Native American’s Ancient Cousin Discovered
A new study reveals the oldest link yet between Native Americans and their ancestors.
Recovered thousands of stone and bone tools, ceramics, and...
Neanderthals Lost their “Y” Chromosome
Neanderthals have long been seen as uber-masculine hunks, at least compared with their lightweight human cousins, with whom they competed for food, territory,...
Transitioning To An Efficient Shipping Sector With Gas Turbines
Greater use of LNG, ease of maintenance and fuel flexibility all favour the use of gas turbines in the merchant shipping sector.
Gas...