[Watch] The Way Big Ships are Launched Looks Completely Insane

Getting a new ship into the water is, presumably, the most important part of building a seafaring vessel. Not all ships are created equal...

Bulk Report – Week 33

Capesize A week of largely unfulfilled expectations with holidays is again curbing activity. Rates remained essentially healthy, but despite bad weather in China, possibly causing...

Greece Saves the Euro

Greece completes ESM’s €61.9bn (£55bn; $70.8bn) bailout programme. The economy has grown slowly in the past 3 years and is 25% smaller than...

Gulf Navigation Vessels are 2020 Ready

Gulf Navigation holding has entered two of its petrochemical tankers into the dry dock for the mandatory five-year maintenance. This includes major upgrades to...

Maersk to Spin Off Drilling Business

On August 17, the Danish shipping giant A.P. Moller-Maersk confirmed that it would spin off its offshore drilling operation and list the unit in...

42 Greek Vessels Goes for Bilfinger Scrubbers

The industrial service provider Bilfinger is planning to conquer new markets due to its scrubber technology. Secured several contacts The service provider group has secured several...

British Woman Overboard! Spent Ten Hours in the Sea

On August 19, a British woman was rescued from sea after she fell off a cruise ship. The woman had been struggling for ten...

Tanker Feared to be Hijacked

On August 13, a tanker was reported missing in the Gulf of Guinea and efforts on contacting the vessel went in vain. What happened? The...

Dynamics of WS Flat Rates and WS Spot Rates on Tonnage...

Weekly Tanker Market Report The concept of Worldscale is not an easy principle to grasp, particularly for those outside the tanker industry. The task gets...

Virtually Passing Over the Isolated Danger Caused Grounding

Summary On 12 July 2017, the Maltese registered container ship Kea Trader ran aground and stranded in position 22° 02.28' S 168° 38.25' E (Recif...

[Watch] Ferry Disabled After Engine Failure

 A PASSENGER FERRYBOAT near the Turkish city of Canakkale Turkey, suffered engine failure on Thursday morning and is unable to transport passengers to Gallipoli...

Norden Calls Scrubbers “Highly Attractive” Investment

Scrubber investments Danish operator Norden A/S is making a significant investment in scrubbers, preparing for the January 1, 2020 global cap on sulfur emissions from...

Scrubbers v LSFO: US$300 Fuels Differential in 2020; US$87 by 2023

Projections from UK-based shipping consultancy Drewry report sets the difference in fuel price between low-sulphur fuel oils (LSFO) and heavy fuel oils (HFO) and...

A Sailor’s Worst Nightmare: Surviving a Sinking Ship

With millions of boats and ships plying the waves, it's easy to forget that mankind isn't made to survive in the ocean — and...

Surveys Without Surveyors Onboard! First Ever Remote Survey

The Klaveness Ship Management company is all set out to explore the road towards condition based maintenance back in April 2017 with a working...

World’s First Electric and Self-propelled Container Ship Signed Off

On August 15, the World’s first electric and self-propelled container ship has been signed and is expected to be complete in 2020. What happened? The autonomous...

Torm Goes for Scrubbers

A Danish shipping company is turning towards scrubbers to brace itself for the upcoming 2020 sulfur cap. What happened? Danish shipping company TORM has decided to...

Genoa Bunker Prices Surge Due to Bridge Collapse

The bunker fuel prices have risen considerably in the Italian port of Genoa due to a motorway bridge collapse in the city. What happened? Bunker fuel...

Analysis: Shipowners Go Green with LNG

The green shipping market will be worth 250 billion dollars in the next 5 years, as shipowners are going green with LNG. Gibraltar...

The Dilemma of Fitting Scrubbers

HSFO prices may decline while LSFO prices might increase after the 2020 deadline. This will create an imbalance which will determine the viability...