Weekly Bulk Report – Week 17, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 17th week of this year. The report formulated on 26th April 2019 highlights...

Insurance Industry Is Poised To Handle Risk of Marine Casualty

Asia Insurance Review caught up with The Standard Club director of claims Sam Kendall-Marsden at the 3rd Asian Marine Casualty Forum (AMCF) held earlier...

Fire Diverts Spain-Bound Brittany Ferries Ship After Plymouth Departure

A fire broke out on board a Brittany Ferries cruise ship carrying hundreds of passengers from Plymouth to Santander in Spain. The operator...

New Start for Wallem As CEO Sets Out Strategy for Change

In a major development, Wallem has updated their corporate identity to mark the beginning of a profound shift in their service offering that will...

Cargo Liquefaction and Failure Behind Most Bulk Casualties: Intercargo

According to an Intercargo report, the loss of life arising from bulk casualties, that occurred over the past ten years, was mostly caused by...

‘JIT Sailing’ Concept To Reduce Fuel Costs and Boost Schedule Reliability

According to a Loadstar article, Just-in-time (JIT) vessel arrivals could answer two of container shipping’s most pressing problems: surging fuel costs and poor schedule...

IMO Ready?!Cleaning Fuel Tanks Laden With Residual Bunker Fuel from Years...

According to industry experts' analysis, tougher global marine fuel specifications are likely to strain the smallest players onshore and at sea, as companies plan...

Ship Orders Fell To 15 Year Low

Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates...

German Green Cruise Liner Boom With Trump’s LNG Push

President Donald Trump’s bid to dump a glut of liquefied natural gas on Europe is getting an unlikely boost, reports Bloomberg. The stringent Regulations The International...

USCG Grants Minimal Holding-Time for Alfa Laval PureBallast 3

Alfa Laval PureBallast 3, the third generation of Alfa Laval’s ballast water treatment technology, received an updated type approval from the U.S. Coast Guard...

Freight Rates Get a Boost from Brucutu Mine Restart

Capesize rates saw an improvement after Vale’s announcement to restart Brucutu mine after it was affected by cyclone Veronica. Capesize 5-time charter average...

Weekly Tanker Report – Week 17, 2019

The Baltic Briefing has issued the tanker report for the 17th week of this year. The report dated 26th April 2019 provides a valuable insight...

APL and Ship Captain Indicted in Illegal Cargo Case in HK

According to an article published by The Strait Times, more than two years after nine Singapore Armed Forces (SAF) armored vehicles worth HK$136.6 million...

Restrain from Ordering New Ships! Over Capacity Drags Shipping

Container shipping capacity and preventing freight rates face major challenges for the container shipping industry. ICS advised vessels to show restraint when ordering new...

The Piraeus Port Miracle and The Way Forward

A few weeks ago, one of the world's largest container ships with a capacity of 20,000 TEUs, COSCO Shipping Pisces, approached Piraeus. George N....

ShipTek 2019 – 10th Edition Marine, Offshore and Oil & Gas...

ShipTek 2019 – An International Conference on Marine, Offshore and Oil & Gas Industry celebrates its 10thEdition in Dubai. One of the leading Marine Industry...

K Line Slumps To $1bn Annual Loss

  Hit by losses from cancelled containership and bulk carrier charter contracts K Line reported a massive JPY111.1bn ($1bn) loss for FY18, end 31 March...

Overcrowding Near Anchorage During High-Water Conditions Causes Vessel Collision

What happened? On January 17, 2016, about 1631, the cargo vessel Manizales collided with the bulk carrier Zen-Noh Grain Pegasus on the Mississippi River at...

DNV GL and Keppel Partner To Promote LNG As Fuel

Classification society DNV GL and Keppel Marine and Deepwater Technology (KMDTech), a subsidiary of Keppel Offshore & Marine (Keppel O&M), have announced that they...

Bunker Tank Check Failed! MPA Suspends Southernpec’s Bunker Craft Licence

Maritime And Port Authority of Singapore temporarily suspends Southernpec (Singapore) PTE LTD’s Bunker Craft Licence, says a circular published on MPA Singapore website. What happened? Arising...