Baltic Exchange Shipping Insights
TANKER REPORT
VLCC
Basis 270,000mt AG/China rates slipped to WS 52, with talk of 2004-built tonnage agreeing WS 49.5. Total fixed to Japan at WS 50,...
d’Amico Tankers Sells and Leases Back Product Tanker
Sold to Leaseback
Marine transportation company d'Amico International Shipping (DIS), subsidiary d'Amico Tankers has signed for the sale and leaseback of the "High Loyalty" for...
Harvey Gulf Offer their 836M USD Fleet for Merger with GulfMark
Harvey Gulf offered a merger deal to Gulfmark.
The Gulfmark-Tidewater merger in July, this year has created the largest OSV fleets with 10.7...
Tankers Orders Take Top Spot
The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of money being invested in...
Shipping Company Claim Half-million Dollars in Damages
The Golden Eagle Shipping LLC has sued Norvic Shipping International Ltd seeking more than half-million dollars for damaging its vessels.
What happened?
In May 2018, the...
Legends Speak of a Lost Ship in the California Desert
Certain places located on the high seas have a reputation for swallowing ships whole. The Bermuda Triangle, the treacherous Arctic Sea and the Colorado...
Cargo Vessel Runs Aground Off Legazpi City
On August 5, a cargo vessel ran aground near the shores of the Legazpi City due to adverse weather conditions.
What happened?
The cargo vessel ‘MV...
Container Queen Nominated for Industry Award
Entrepreneur Beverly Gumbi who is dubbed as the ‘Container Queen’ has been nominated for Entrepreneur of the Year award.
Rise to Glory
Ms.Beverly Gumbi has etched...
30 Months and Counting Down to the Global Sulfur Cap
U.S. Coast Guard and U.S. Environmental Protection Agency held a public workshop to train agencies for the IMO 2020 deadline.
More than 36...
[Watch] Rough Sea! Ship in Bad Weather
Watch the video of Rough Sea! Ship in bad weather.
A container ship pillages through rough sea as the North Atlantic storm prevails.
The storm at...
Nude Cruising is the Sexy Way to Travel
Nude Cruising has become trendy now.
Bare Necessities, Bliss Cruise and Desire Cruise are 3 companies dominating the ‘clothings optional vacation’ scene.
...
Vessel Sinks as Pilot Fails to Identify Charted Erosion-control Dike While...
Summary
On July 8, 2017, the Eric Haney departed Paducah, Kentucky, with nine crewmembers (a captain, a pilot, a mate, an engineer, a cook,...
Hapag Lloyd Looks at Scrubber for Compliance
Hapag-Lloyd prepares for the upcoming global sulfur cap regulation and is keen to practically test the technical possibilities in small real time projects.
Testing cleaning...
Autonomous Ship Demo with NYK
Japan's Ministry of Land, Infrastructure, Transportation and Tourism (MLIT) has selected NYK and NYK Group companies MTI Co. Ltd., Keihin Dock Co. Ltd., and...
[Watch] Freighter Grounded in Taiwan Strait
On 10 Aug 2018, in the evening, a freighter ran aground at the Budai port in Chiayi County, in Taiwan.
What happened?
"Chia Ming No....
Bermuda Mystery Solved! Is it Supernatural or Plain Old Human Error?
No Mystery or Alien Abduction
Dr. Karl Kruszelnicki a sceptical scientist dares to declare that the mystery of the Bermuda Triangle has been ‘solved’ defying...
Human Errors are Behind Most Oil-tanker Spills
An oil spill is disastrous and is ecologically, economically and socially disturbing. Researchers need to refocus discussions about tanker safety on to the human...
Shockwave in Shipping Could Send Brent Soaring
January 1, 2020 is just seventeen months away when the International Maritime Organization (IMO) will no longer permit use of heavy sulphur marine fuels...
Peak Pegasus Cargo Ship Off China Coast for a Month
On August 9, a huge cargo ship was stranded at sea and is going around in circles for arriving late by thirty minutes.
What happened?
The...
Italy Uncovers Massive Load of Hash in Ship’s Fuel Tanks
On August 9, the Italian police discovered 20 tonnes of hash worth as much as 200 million euros (£180 million) in the fuel tanks...
