Powering a New Class of Frigates
GE Marine Solutions signed a memorandum of understanding (MOU) with RJE Global, Morphettville, South Australia, whereby RJE will assemble GE LM2500 gas turbine modules...
Machinery Failure is an Ever-present Possibility
The Australian Transport Safety Bureau (ATSB) issued an investigation report on the foundering of the fishing vessel Venessa S at Cabbage Tree Island, New...
Weekly Market Report
NWE/MED
The coaster market in North-West Europe remains busy with smaller- and larger enquiries out from Scandinavia and UKC. We continue to see increasing demand for...
Reflections and Inflections in the Tanker Market
The tanker market is seeing the “full realistion” of oversupply the ABSA Cargo Conference was told last week, but changing trading patterns were also...
WinGD Launches Data Collection and Monitoring Platform
Winterthur Gas & Diesel (WinGD) has launched its new data collection and monitoring platform. The launch is part of WinGD’s strategy to lead the...
New Online Platform will Change Global Freight Markets
Varamar Group founder Alexander Varvarenko has launched the first phase of a new online platform for global freight markets. This is just two weeks...
German Boxship Collides with Korean Tanker Off Japan Sea
On October 3, a German container vessel reportedly collided with a Korean chemical tanker in Japan Sea.
What happened?
The German container vessel ‘Victoria Trader’ collided...
More Destroyer Collisions! A Tanker and Other Vessel Affected
On October 3, a tanker reportedly collided with a Navy destroyer at Kaohsiung Cijin Harbor. In another incident, another destroyer was involved in a...
Gas Leak Onboard Cargo Ship Kills Three
On September 30, three Indian workers died after inhaling gas that was leaking onboard a cargo vessel docked at port.
What happened?
The unfortunate incident occurred...
Captain Gets 2 Year Prison Time for Smuggling Oil
The captain of tanker vessel deployed in pumping out oil from a sunken ship was handed over a two-year sentence for smuggling oil.
What happened?
The...
Award for Scottish Ship’s Captain Who Saved 907 Migrants
The captain of a merchant ship who helped save 907 refugees from overloaded and unseaworthy boats off the coast of Libya is to be...
Stricter Ship Safety Requirements on Yangtze River
Jiangsu Maritime Safety Administration (Jiangsu MSA) issued a Notice on 26 September 2017 outlining temporary stricter safety requirements that will be in place in...
Google Enters the Autonomous Shipping Race
Google has joined the revolutionary trend of developing autonomous ships by partnering with Rolls-Royce Marine. The two companies have agreed to develop intelligent awareness...
Cat Fines Pose Growing Threat
The issue of how to deal with cat fines is becoming ever more urgent as the 2020 global sulphur cap approaches.
Ever since catalytic cracking...
China’s Key Investment to Change World Trade Flows
By Peter Fuhrman
Summary
HK-listed China Merchants Port Holdings closes in on a major prize, taking over a now loss-making deepwater port in Sri Lanka.
...
Baltic Index Falls as Week-long China Holiday Hits Demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight session on Monday as...
The Impact of Extreme Weather on Contracts of Carriage
Extreme weather events may have an impact on the trading of cargo vessels, for example during the recent hurricanes Harvey, Irma and Maria in...
Flower-like Wave Energy Turbines Could Power the Coasts of Japan
Along Japan's coasts are structures called tetrapods. These pyramid-shaped concrete wave breakers serve to reduce the strength of crashing waves to prevent erosion in...
Hazardous Emissions from Ship Engines Down
Hazardous emissions from ship engines at Murmansk Commercial seaport have reduced by more than a half over a 7-year period, MCS refers to the expert report...
Whole-of-Government Approach to Maritime Security
In response to parliamentary questions regarding the Singapore Navy’s capabilities to survey maritime traffic, in the wake of two recent incidents of ship collision...