A general cargo ship ran aground in Dnieper River, Ukraine, reports the fleetmon. What happened? General cargo ship OREL-3 ran aground and reportedly sustained a hull...

A US government report warns, unchecked climate change will cost the US hundreds of billions of dollars and damage human health and quality of...

Mitsui O.S.K. Lines conducted drill on 16th November. Overcrowding in the shallows caused the collision of MOL LNG carrier with a fishing boat...

MIT research published in ACS Nano describes a new way to overcome the effect of condensation on omniphobic surfaces. Latest models use liquid...

Highlights Busy start for the NWE coaster - various charterers booked Tight shipping availability and struggle to find suitable tonnage Delays on vessels waiting to discharge Propylene...

Highlights Norton Rose Fulbright takes on the role of an advisor for a major transaction The client has been identified as Global Ship Lease, US-listed containership...

Highlights Richard Branson's Virgin Voyages launches adults-only cruise ship to Cuba Assembly of the Cuban Resistance unhappy over the announcement Claims that Cuban port facilities...

Highlights Indian Oil Corp is set to produce compliance fuel Marine Gasoil production remains open Tests for 0.5% sulfur compliant grades positive Too early...

Capesize After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted...

NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by...

Revenue $390.4 million for 9M 2018 $141.5 million for Q3 2018 Cash from operating activities $39.6 millionfor 9M 2018 $10.1 million for Q3 2018 Adjusted EBITDA ...

On November 16, Ship Finance International Limited announced its plan to sell the 2002-built VLCC Front Falcon to an unrelated third party. Move to diversify...

Figure: Summary of typical emissions from a slow speed 2 stroke diesel engine The mechanism of fuel oil combustion in a diesel engine is well...

A new ice-breaking liquefied natural gas (LNG) tanker of the Arc7 class has begun sea trials by South Korea's Daewoo Shipbuilding and Marine Engineering (DSME)...

Highlights South Korean shipyards overtake their Japanese rivals by bagging orders worth $9 billion. The country has entered into the playing field after a...

The refiners inability to stockpile HFO is increasing bunker fuel price The price could go as high as $400/mt in 2020 as refineries...

The fast pace of change in maritime autonomy demands updated guidance Industry Code of Practice demonstrates UK’s leadership on autonomy New guidance focuses...

Although being held with wires, the Norwegian frigate 'Helge Instad' was depicted almost fully submerged, following a collision with the Maltese-flagged oil tanker 'Sola TS'...

Innovative technology to promote decarbonization. NYK’s reduction targets for GHG emission is 30% per ton-kilometer by 2030 compared with a 2015 base year. ...

Report Highlights As of November 16, Continuing high transpacific ocean prices reflects increased demand. Less Container Load (LCL) and Full Container Load (FCL) bookings on...