Propeller Repairs Around the World by Hydrex as Winter Arrives
The hydrex team regularly carries out cold straightenings, croppings and other propeller blade modifications on vessels around the world, specially during winter.
Winter months usually...
[Watch] Ferry Crashes into SF Ferry Building
A ferry crashed into a pier in front of San Francisco’s iconic Ferry Building on Friday afternoon, causing minor injuries to two passengers.
Did you...
Rare Dry Scrubber Order for ANDRITZ
Highlights
2 renowned shipping companies are going to be powered by ANDRITZ Group's versatile scrubbers.
The 2 different orders show the utility of the...
Draxx Partnership to Bring New Sail Technology Onto Ultrabulk Ships
Highlights
UK based power station partners with Smart Green Shipping Alliance to cut carbon emissions
Feasibility study initiated to investigate the potential of installing a...
Robots to Clean Cargo Holds of Dry Bulk Vessels
A new remotely operated belt driven robot launched by Dampskibsselskabet Norden is making the cargo hold cleaning more efficient.
The robot was...
7 People Missing After Cargo Ship Sinks Off Indonesian
On November 25, seven crew members were reported missing from a cargo ship that sank off Sumbawa island, Central Indonesia.
What happened?
The cargo vessel 'Multi Prima...
NYK Lines to Use Cryptocurrency for Crew Pay
Nippon Yusen K.K. to design digital currency pegged to the U.S. dollar, to standardize payment methods.
Yusen controls over 80 vessels with 20-23...
Cargo ship ran aground, Hull Breached off Ukraine
A general cargo ship ran aground in Dnieper River, Ukraine, reports the fleetmon.
What happened?
General cargo ship OREL-3 ran aground and reportedly sustained a hull...
Unchecked Climate Change will Cost the US Billions of dollars
A US government report warns, unchecked climate change will cost the US hundreds of billions of dollars and damage human health and quality of...
LNG Carrier Safety Drill with Simulations by MOL
Mitsui O.S.K. Lines conducted drill on 16th November.
Overcrowding in the shallows caused the collision of MOL LNG carrier with a fishing boat...
‘Omniphobic’ Special Type of Surface Repellent for Hulls
MIT research published in ACS Nano describes a new way to overcome the effect of condensation on omniphobic surfaces.
Latest models use liquid...
Weekly Market Report
Highlights
Busy start for the NWE coaster - various charterers booked
Tight shipping availability and struggle to find suitable tonnage
Delays on vessels waiting to discharge Propylene...
Norton Rose Fulbright Advises on Significant Shipping Merger
Highlights
Norton Rose Fulbright takes on the role of an advisor for a major transaction
The client has been identified as Global Ship Lease, US-listed containership...
Virgin Voyages’ Adults-only Cruise Ship Plans Destination Havana
Highlights
Richard Branson's Virgin Voyages launches adults-only cruise ship to Cuba
Assembly of the Cuban Resistance unhappy over the announcement
Claims that Cuban port facilities...
Indian Oil to Produce 0.5% Sulfur Compliant Fuel Oil by Mid...
Highlights
Indian Oil Corp is set to produce compliance fuel
Marine Gasoil production remains open
Tests for 0.5% sulfur compliant grades positive
Too early...
Bulk Report – Week 46
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted...
World’s First Green Bonds in Shipping Industry Issued
NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by...
Healthier Charter Markets to Benefit Navios Maritime Holdings
Revenue
$390.4 million for 9M 2018
$141.5 million for Q3 2018
Cash from operating activities
$39.6 millionfor 9M 2018
$10.1 million for Q3 2018
Adjusted EBITDA
...
VLCC Front Falcon Sold to Third Party by SFL
On November 16, Ship Finance International Limited announced its plan to sell the 2002-built VLCC Front Falcon to an unrelated third party.
Move to diversify...
[Answer] Sulphuric Acid and Sulphate Particulate Matter in the Exhaust Stream
Figure: Summary of typical emissions from a slow speed 2 stroke diesel engine
The mechanism of fuel oil combustion in a diesel engine is well...