Match Shippers with Shipping Companies
Weathernews Inc., headquartered in Chiba, Japan and Mitsui & Co. headquartered in Tokyo, Japan, have decided to form a joint venture company named Maru...
Baltic Exchange to Develop LNG Freight Index with Ship Brokers
The Baltic Exchange is eyeing for the LNG market.
It is launching a freight index for LNG
Further plans of tying up with...
Rising Oil Price Poses Another Profitablity Problem for Containership Operators
Container operators are hardly hit by the LFSO marine fuel transformation which has escalated the fuel prices, posing a renewed risk to carrier profitability.
This...
Singapore Smashes Bunker Sales Volumes in 2017
Singapore posted record sales, volumes of marine fuels for the third straight year in 2017, even as the city state revamped the market last...
Shipowners Return to Buying Ways
Shipowners are back at procuring new ships.
They are opting for bulk carriers.
China is emerging as the biggest global player amongst the...
Captain’s Maneuvering Error Costs Millions
Summary:
On the morning of May 8, 2016, the passenger vessel Carnival Pride was attempting to dock at the Cruise Maryland Terminal at South Locust...
RIMS Gets Class Approval from Lloyd’s Register
Drone and robotics specialist RIMS (Robotics In Maintenance Strategies) have received their fourth Classification Certificate as Recognized External Specialists, from Lloyd’s Register for the...
[Watch] Plane Skids Off Runway and Hangs Off Cliff
On January 13, a commercial plane narrowly missed plunging into the Black Sea after reportedly skidding off a runway.
What happened?
The commercial plane ‘Pegasus Airlines...
Taiwan Rewards Slow-sailing Ships
The government offers subsidies to shipping line operators, who voluntarily reduce the operating speed of large ships as they enter the nation’s seaports.
Each ship...
MAN Develops Cylinder Bypass for Gas Engines
The MAN Diesel & Turbo has developed a new cylinder bypass function enabling ME-GI engines to continue running on LNG even when an individual...
9 CMA CGM Mega Newbuilds to Run on LNG
French maritime transport company CMA CGM, has plans to equip its nine future ships of 22,000 twenty-foot equivalent units (TEUs), scheduled to be delivered...
[Watch] Burning Oil Tanker Sinks Days After Collision
The burning Panama-registered oil tanker off the coast of Shanghai sank on Sunday, over a week after it collided with a cargo ship.
Disclaimer:...
Burning Oil Tanker Sinks Off China
On January 14, the oil tanker which was reportedly on fire for over a week at Sea, which had 32 crew members onboard were...
Bunkering Blocked at Port of Trieste Amid ‘Suspicious Infiltrations’
Bunkering operations at Italy’s Port of Trieste is suspended due to “suspicious infiltrations in the company managing the bunker deposit,” says Global Service Maritime (GSM)...
Anchor Chains of Barges Entangled
On Jan 11, 2018, the "Baltimax" and “Caesar" were stuck on the Rhine, near Leverkusen at river km 705, after their anchor chains had got...
Norwegian Offshore Operator Returns to Gibdock
Gibdock has extended its impressive track record in the offshore vessel sector, following the visit of the 5700dwt 3D seismic survey vessel Polar Marquis,...
Large-scale Oil Theft at Shell’s Biggest Refinery
On January 9, Eleven men were reportedly charged in connection with carrying out a large scale oil heist at Shell’s biggest refinery.
What happened?
The Singapore...
Shipping Companies Robbed by Diverting Cargo Payments
An electronic messaging system used by the shipping industry to send payment for cargo could be subverted by hackers to steal money.
According to security...
EPA Offers Rewards to Slow-Sailing Ships
The government is offering subsidies to shipping line operators who voluntarily reduce the operating speed of large ships when they enter the nation’s seaports,...
World’s Second-largest Ore Carrier Delivered in Shanghai
The second-largest ore carrier in the world was officially named and delivered to China Ore Shipping on Thursday in Shanghai, which might boost Brazil's...
