Bulk Report – Week 43
Capesize
The market was in two halves for most of the week with rates in the Atlantic firming and easing in the East for most...
Freightos Baltic Container Report – Week 42
China-Europe prices continue to stabilize after crashing through September when several large carriers cut their FAK rates.
Drop in prices
Prices had dropped by $715 over...
ABB Plugs Holland America Line into Low-Emission Shore Power Worldwide
ABB is playing a key role in Holland America Line’s goals of embracing new technologies to further minimize the environmental impact of its fleet....
Performance of Energy Efficiency Technologies for Ships
Shipping is undergoing a tough time as it prepares for the stringent regulations. The regulations were a fall out of Climate change concerns which...
Midsea Horror! Fin Stabilizer Blamed for Cruise Ship’s Several Hours Tilt
A fin stabilizer tilted a carnival ship for several hours near Port Canaveral.
What happened?
According to the Carnival Cruise Line officials, a fin stabilizer is...
[Watch] Ferry Hits Down a Crane
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please...
Two Alang Shipyards Waiting on EC Audit Assessment
Two Indian ship recycling yards has been selected for the first time to be audited by the European Commission.
Reason for the audit
A total of...
The Biggest Loser from Sulphur Cap IMO 2020
Russia is set to suffer the biggest blow when it comes to revenue losses from rules mandating cleaner marine fuels from 2020, because the...
Capital Product to Equip 14 Ships with Scrubbers
The Partnership is planning to install EGCS, also known as ‘scrubbers’, on up to 14 of its larger vessels, comprising 10 container ships, 3...
Ferry Collides with a Crane, Sparking Fire in Barcelona
On October 31, a passenger ferry collided with a loading crane due to bad weather at the Barcelona port.
What happened?
The Grandi Navi Veloci owned ferry...
Pangaea Adds a Supramax to Its Fleet
Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company"), a global provider of comprehensive maritime logistics solutions, in a press release announced it has purchased...
BBC Chartering and Seaboard Create Joint “Andino Service”
In a recent development, BBC Chartering and Seaboard Marine has announced a new strategic cooperation which will be marketed as “Andino Service.” IAs per...
Global Brings in High Reefer Eco-widebeam Vessels into the Fleet
An increase of GSL's asset base to over $1.2 billion on a charter-adjusted basis, brings latest generation new-design high reefer eco-wide beam vessels into...
World’s 9 Most Ridiculously Expensive Cars
Recently, CBS News came up with a good story about the most expensive cars in the world and their features. Today, we are showcasing...
Top 10 Reasons Why Scrubbers are the Best
Amidst several confusions regarding the benefits of using scrubbers to meet IMO 2020, Clean Shipping Alliance 2020 (CSA 2020), a new organization consisting of...
ReCaap Piracy Alert! Avoid the Waters Off Celebes Sea
The ReCAAP Information Sharing Centre (ISC) has been told by authorities in the Philippines that the Abu Sayyaf Group (ASG) are planning to conduct...
2020 Regulation: The evolution of an Industry
In a year, the mandatory 0.5% m/m sulphur fuel limit globally, outside of dedicated emission control zones (ECAs), "a steep drop from the previous...
[Watch] Cruise Ship Flooded, Forced to Take an Emergency Detour!
Click on the image to watch the video
The passengers of a cruise were left terrified on rough seas after they heard a loud bang...
Verified Gross Mass: What We have Learnt in 2 Years
Two years ago, the International Maritime Organisation (IMO) amended the International Convention for the Safety of Life at Sea (SOLAS) introducing the requirement to...
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...
