WinGD (Winterthur Gas & Diesel Ltd.) has introduced three new low-speed, two-stroke engines that are capable of operating on low emission fuels in response to the growing demand for more efficient and reliable marine propulsion, says an article published...
During the annual Safety and Shipping Review, it was mentioned that 2,698 shipping incidents tallied by Allianz were just 1% lower than in 2017.
Allianz said 46 large ships over 100 gross tons were total losses worldwide in 2018,...
Protection Vessel International has released the Maritime Security Report for Week 20 of 2019. The report formulated on 4th June 2019 highlights the various security breaches that have happened over the past week.
Brazil: Robbers board bulk carrier at Macapa port
On...
Star Bulk Carriers a dry bulk pureplay, has further expanded their fleet to 120 vessels after a recent acquisition.
They added 11 new vessels in exchange for $80M in cash and 4.5M shares. This transaction is slightly accretive...
In a major development, leading shipping line Maersk and logistics service provider DB Schenker are cooperating to fight ocean pollution and reduce CO2 emissions. The two companies have formed a partnership in 2014 with the aim of creating more sustainable...
The Baltic Briefing has issued the tanker report for the 22nd week of this year. The report dated 31st May 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Reduced enquiry in the Middle...
CMA CGM and MSC have announced to join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller - Maersk.
This move will provide a significant boost to the TradeLens vision of greater trust, transparency, and collaboration across...
Mitsui O.S.K. Lines, Ltd. today announced that MOL, Mitsui E&S Shipbuilding Co., Ltd., and Weathernews Inc. jointly released "Fleet Viewer," as part I of MOL's "FOCUS" Project intended to enhance the collection and application of ship operation data, says...
Angeliki Frangou-led Navios has acquired the 2014-built panamax bulker Sea Victory from Japanese owner Shoei Kisen, says an article published in Splash247.
What is the price offered?
The vessel is currently chartered to Navios and according to shipbroking sources,...
Based on reports, the last five months have been the driest dry season in the history of the canal.
Shippers are forced to limit the amount of cargo their largest ships carry so they can safely navigate the...
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