What Happened: A routine operation was carried out to transfer a bulk hose between a platform and a PSV, with the help of the platform...

Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact...

Taiwanese shipping company Wisdom Marine is investing USD 68 million in two new NOx Tier III bulk carriers. The company said that the two 82,400...

Overview BIMCO relaunches ship benchmarking system, a Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their...

NYK and MTI Co. Ltd. have jointly developed a diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant....

A chemical tanker has been successful in thwarting a pirate attack carried out by suspected Somali pirates. What happened? The chemical tanker ‘MT Leopard Sun’ was...

On February 25, a fire reportedly broke out in the galley of a vessel on the Danube and the crew members were having a...

The lock gates of Kiel-Holtenau which was reportedly demolished after a cargo vessel rammed into its gates is likely to take weeks to be...

Crude closed at a three-week high as booming stock markets stoked optimism about economic growth that drives energy demand. Crude futures rose 0.6 percent in...

As the shipping and bunker industries await the new 0.5% global marine fuel sulfur limit in less than two years, this week refiners have...

Earlier this year Jumbo completed their project for the Arkona offshore wind farm (E.ON and Statoil). The entire project involves the construction of a...

Propeller of Vessel A Summary:  During its service to help the cargo ship SWIFTNES dock at Tomakomai Port, Tomakomai city, Hokkaido, work boat Fuji Maru, with...

Ross Davies reports a stark gap between supply and demand of vessels which continue to hurt the operators. The ever increasing gap between the...

British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in...

After many years in the pipeline, Panama has passed legislation for ship financing, the first of its kind for the country. The Law 50 of...

On February 25, two cargo vessels collided in the sea near the Southern city of Porvoo and both the vessels sustained damages. What happened? Two cargo...

The United States is urging the united nations to ban 33 vessels from ports worldwide and blacklist 27 shipping businesses for helping North Korea...

On February 24, the police were called in to end a terrifying drunken brawl, happening/occurring on a cruise docked at the Sydney's Darling Harbour. What...

The oil from a sunken tanker ‘Sanchi’ has reportedly reached the Japanese shores of the Okinoerabu and Yoron islands in the Amami chain. What happened? On...

The regulatory wheel keeps turning, so it is important to understand the developments when addressing compliance and making strategic business decisions. DNV GL gives...