Drewry: New Alliance Schedules Won’t Ease Asia–Med Overcapacity
The Asia-Mediterranean trade is still “over-tonnaged”, with headhaul ship utilisation below other major east–west markets, according to Drewry.
And it believes the new alliance schedules...
Maersk Line to Buy Hamburg Sud in a $4 Billion Deal
Maersk Line, the world's biggest shipping company, is to buy Hamburg Süd, joining a wave of M&A in the industry just over two months...
Ready, Steady, & Go – Aframaxes Rates Continue to Rise
The Story:
Ready, Steady, & Go - Aframaxes Rates Continue to Rise.
What Happened:
Dry bulk sector witnessed a huge dip in early 2016. It appears that...
Sexual Assault Onboard a Cruise Ship
A woman has allegedly been sexually assaulted by a fellow passenger while on a cruise ship. The ship was on its way to Vanuatu...
Ship Drags Anchor, Snaps Undersea Cables
The internet was affected in Jersey to the United Kingdom after a ship’s anchor accidentally severed the undersea internet cables.
What happened?
On Monday night,...
Where the Wind Blows
There’s a contradiction at the heart of the wind industry: its upward trajectory will add to the downward pressure on costs. But is the...
[Watch] The New ‘Wreck Champion’
A SCUBA diver from Devon has been honoured as a 'wreck champion' for his work investigating sunken British warships.
Disclaimer: This video is intended for...
Wärtsilä’s Hatley Elected as Fellow of the RINA
Wärtsilä’s Hatley elected as Fellow of the Royal Institution of Naval Architects
The Royal Institution of Naval Architects (RINA) has elected John Hatley PE, Vice...
Hong Kong to Enforce New Anti-Fouling Regulation
The Story:
In July 2016, Hong Kong announced its enforcement of China's New Emission Control Area regulations. Following the air emission regulations, here is something...
Champion Wartime Shipwreck Diver from Devon Investigating Sunken Warships
A scuba diver from Devon has been honoured as a 'wreck champion' for his work investigating sunken British warships.
Retired engineer Mike Rowley, 70, of...
Pirates Hijack Reefer Ship, Situation Still Unclear
On 27 November 2016, reports emerged of suspicious activity involving MV Saronic Breeze in position 05°09’00”N – 002°37’22”E, near Cotonou, Benin, Gulf of Guinea.
The vessel...
MacGregor Makes Further Inroads into Renewable Energy Sector
MacGregor, part of Cargotec, has won davit orders for two low-emission 81m service operation vessels (SOVs) designed to act as 'mother-ships' for wind turbine...
Digitalization of Seaport Supply Chains Now a Reality
By Patrick Burnson
With consumer spending on the rise, U.S. businesses need greater reliability and visibility from the supply chain to maintain their edge in...
Shipping Industry Supports Corozal
“The arguments against the development of the Port of Corozal by the Panama Canal Authority (ACP) that Panama Ports Co. (PPC), the company that...
Greek Ship Owners to Enjoy VAT Exemption in Piraeus Free Zone
The Story:
COSCO and Trans-it join forces to offer Greek ship owners a unique service. For spare parts delivered to the Piraeus Free Zone...
Rumors Around the Market, as Hamburg Sud Remains Silent
The Story:
Hamburg Sud's parent Oetker Group is exploring a potential sale of the container line - as per sources as revealed in the Wall...
Bosporus Strait Closed Briefly Due to Collision of Ships
Rudder Malfunction! Bulk Carrier Collides with Ro-Ro Ship
The Story:
A bulk carrier reportedly collided with ro-ro ship, affecting traffic in Turkey’s Bosphorus Strait.
What Happened:
The collision...
New Panama Canal & a New Headache
The Story:
An expanded Panama Canal opened in June to ships three times bigger than those previously called Panamax are causing a real headache to...
[Watch] NY Explorers find 1872 Shipwreck of Rare Great Lakes Vessel
The 144-year-old shipwreck of a rare sailing vessel that typically wasn't used for long voyages on the Great Lakes has been found in deep...
Gibdock Welcomes Back a Familiar Guest from Louis Cruises
A familiar cruise ship visitor has returned to Gibdock, with the Gibraltar yard undertaking exacting repair and renewal work on Thomson Majesty, the Thomson-operated...
