Global Supply Chain to Get Breakbulk Relief Soon
As more vessels are scrapped, and new ships launched, industry analysts are forecasting a long overdue rebound in the breakbulk sector. Multipurpose shipping—including bulk...
LNG Tankers Stranded Off Singapore, Malaysia as Demand Weakens
Reuters quoted traders stating that “a fleet of half a dozen tankers carrying unsold liquefied natural gas (LNG) is floating in Singapore and Malaysian...
Panamax Vessel Rates Surge to 5-year High
As per media reports, Panamax dry bulk vessel rates have surged 18% over the past month to near five-year highs amid strong Pacific coal...
LOOP Appears to Ready Another VLCC Loading
According to reports, the Louisiana Offshore Oil Port appeared to be preparing to load another VLCC on October 30.
VLCC arrives at LOOP
On October 19,...
[Watch] Incredible Story Behind a Creepy Ship Graveyard in New York...
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please...
Plane Crashed into the Sea Killing 189 Passengers
The world is taken aback by yet another deadly plane crash. This time it is Flight JT 610 which went down after taking off...
Mobile BWTS Tested on Great Lakes
In a recent development, Global Diving & Salvage, Inc. has done mobile ballast water treatment system demonstration called Ballast Responder, on board the 730-foot...
Better Port Info Could Cut Ship Emissions
A new study has revealed that keeping the ships informed in advance about berth availability prior to arrival could enable their sailing speed, save fuel...
Pirates Seize Eight Polish Crew, Three Others from Ship
In a drastic turn of events, a group of pirates boarded the container vessel 'MV Pomerania Sky' off the coast of Nigeria and kidnapped...
Couple Found Hidden Camera Aimed at Bed in Cruise Ship
A couple onboard a cruise ship discovered a hidden recording device in their stateroom on a Carnival Cruise ship.
What happened?
The couple Chris and Dana...
CMA CGM Confirms Move for Full Acquisition of CEVA Logistics
CMA CGM, a global container shipping company, has reportedly disclosed its intentions to acquire all of the global logistics supply chain CEVA Logistics, says...
Herman Orders First Damen DP2 Shoalbuster
In a recent development, the dutch marine services provider Herman Sr. BV has announced at Offshore Energy 2018 that it has agreed with Damen...
Oil Settles Higher as Stock Markets Gain, Saudi Signals Intervention
Oil prices rose 1 percent on Thursday, following the U.S. stock market higher a day after Wall Street’s biggest drop since 2011 and as...
MPC Eyes Expansion into Wider Markets with Purchase of Bigger Box...
Emerging feedership owner MPC Capital has purchased three secondhand Panamax container vessels as it looks to expand into larger box ship markets.
Focus on LCVs
The...
Ship Scarcity Threatens LNG Market Growth More than Tight Supply –...
The lack of timely investments in building the LNG carrier fleet threatens market development and security of supply, which could materialize earlier than insufficient...
Ship Operating Costs May Go Up in 2018 and 2019
Cost of drydocking, maintenance and repairing expenditure will increase by 2.3% in 2019.
Lubricants and spare cost in 2019 will increase by 2.1%...
[Watch] Drone Captures Civil War-Era Shipwreck
Incredible drone video shows a clear view of a steamer believed to have been a blockade runner during the Civil War.
Disclaimer: This video is...
Pilot and Bridge Team Mis-communication Grounds Vessel
Summary
At 1137 on 4 May 2017, the UK registered container ship CMA CGM Centaurus made heavy contact with the quay and two shore cranes...
Contaminated Bunkers: Barking Up the Wrong Tree?
An epidemic of ships experiencing fuel-related problems with seemingly on-spec fuels this year, starting in the US Gulf, has led to feverish speculation about...
IMO Adopts Carriage Ban of Non-compliant Fuel Oil
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Maritime Organization...
