EC to Improve Working Conditions for Seafarers
The European Commission (EC) has proposed a new agreement between social partners to improve the working conditions of seafarers on-board European Union (EU) flagged...
Somali Pirates- Back for Good?
Somali pirates are touted to be back as reported recently in few headlines. However, the reality is different as piracy never left Somalia in...
Greek Shipowners Double their Ship Orders
Greek-owned shipping companies made a total of 58 new ship orders in the first half of the year, which is more than twice the...
Hazards Associated With Unguarded & Open Shell Doors
In the second case of its latest edition of the Safety Digest, the UK MAIB presented the risks associated with the insufficient training of...
Firming in the Container Charter Market Moving
Global Ship Lease, Inc., a containership charter owner, announced yesterday its unaudited results for the three months and six months ended June 30, 2017.
Second...
London’s Baltic Exchange to Close Ship Futures Platform Baltex
The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year after a review, the London-run business said on...
MR Future Product Tanker Supply the Lowest on Record
In its analysis of the product tanker market, the shipowner said that during the second quarter of the year, “product tanker spot rates remained...
Fire Breaks Out in Ship’s Engine Room
On July 31, a fire alarm was raised by an offshore dive support vessel.
What happened?
The support vessel ‘Nor Da Vinci’ reportedly raised a mayday...
Cargo Vessel Runs Aground in River Volga
On July 29, a cargo vessel reportedly ran aground in a river.
What happened?
The general cargo vessel ‘KUDMA 4’ ran aground on 202 kilometer mark...
ABS Joins Industry Partners to Advance Autonomous Shipping
Offshore and marine industries company ABS recently joined the Unmanned Cargo Ship Development Alliance, a group aimed at developing and manufacturing autonomous shipping vessels.
The...
France and Italy in Row Over Shipyard
The French and Italian governments remain at odds over the ownership of France's biggest shipyard.
Last week, the French government nationalised the STX France shipyard...
[Watch] Cruise Ship is Slammed by Monster Waves
CRUISE ships are built for extreme weather but one worker was scared the boat would ‘tip over’ when it was hit by monster waves.
Disclaimer:...
NTSB Issues 2016 Safer Seas Report
Fatigue, distraction and underestimating strong currents are among the top hazards for workboats cited in the National Transportation Safety Board’s Safer Seas 2016 report released on...
MOL Hails Intensive Chartering Activity in the Dry Bulk
In the global economy during the fiscal year under review, overall, there has been increased vibrancy over the second half of 2016, notably in...
Batteries with Twice the Life
BATTERIES WITH TWICE THE LIFE AND HALF THE CHARGING TIME – TOYOTA FILES PATENTS
In a breakthrough in research, Toyota claims it can sell cars...
With More Ships in the Arctic, Fears of Disaster Rise
When the Crystal Serenity, a 1,000-passenger luxury liner, sails in August on a monthlong Arctic cruise through the Northwest Passage, it will have a far...
Deepening Recession! 62% of Shipyards Worldwide Shut Down
With domestic shipbuilders suspending the operation of their docks due to ongoing sluggish demand, six out of 10 dockyards worldwide have shut down in...
Owners of Modern VLCCs Could See Rates Blip in Market
Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but freight rates, especially for...
Dry Bulk Market: Confidence is Growing Among Ship Owners
Things are shaking up in the dry bulk market of late. In its latest weekly report, shipbroker Intermodal said that “after an admittedly challenging...
Titanic Secret: Wooden ‘Life Raft’ That Saved Kate Winslet
A fragment of wood panelling from the Titanic, inspiration for the life raft that saved Kate Winslet in the Oscar-winning film, is to go on...
