Boxship Owner Looks for Second-hand Vessels to Boost its Bottom Line

Containership owner and manager Seaspan Corporation is refocusing on the second-hand market as it shies away from ordering new vessels. The NYSE-listed firm says it...

Staying Profitable May be Tough for Container Shippers

Sustaining last year's improved profitability in 2018 may prove challenging for container shipping companies, Fitch Ratings says. The fact that some companies are likely...

Multi-temperature Logistics Facility at DP World London Gateway

CMA CGM adds innovative new services such as quality control of the products A 107,155 sq ft brand new, state-of-the-art cold storage facility...

120 Somali ‘Pirates’ Freed

On March 8, the last batch of 120 Somali pirates was released from India after they were arrested and languished in jail for seven...

[Watch] Hole in the Hull at Markelo

On March 4, a fire brigade was called in after a cargo vessel developed a leak due to a hole in the hull. What happened? The...

Vessel Adrift After Both Engines Shutdown Off Rütergat

Photo: DGzRS – Die Seenotrette On March 4, lifeboats were called in to assist a ferry which suffered an engine failure off an island near...

3 Tons of Sulfuric Acid is in One of 70 Missing...

On March 3, nearly 70 containers were lost at Sea after they fell from a container ship due to strong winds and rough seas. What...

Is it Time to Talk About Regulating Autonomous Ships?

A new report commissioned by the Danish Maritime Authority (DMA) highlights the challenges posed by the unmanned autonomous seas foraging in the sea. Patrick...

[Watch] Shell Tanzania LNG Project Exploration

Discover Shell Tanzania LNG Project with 16 Trillion Cubic Feet (TCF) of natural Gas discoveries from 18 drilled wells. Shell Exploration and Production Tanzania...

Coast Guard Issues New NVIC on Ballast Water Management

The U.S. Coast Guard's offices of Operating and Environmental Standards and Commercial Vessel Compliance reported the availability of Navigation and Vessel Inspection Circular 01-18,...

Port Entry Protocol Violation Results in Containership Collision

Summary: While the container ship ESTELLE MAERSK, with the Master, 27 crew members and a pilot on board, was proceeding north towards the South Entrance...

VIKING to Announce Unique Polar MES at Seatrade Cruise Global

Having announced recently, that it is ‘more than ready’ to help shipowners meet the demands of the new IMO Polar Code, VIKING Life-Saving Equipment is set to...

Diana Containerships Inc. Announces the Sale of Two Panamax

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that it has signed, through two separate wholly-owned subsidiaries, two...

Baltic Exchange Shipping Insights

Clean The LR2 market has become firm with rates for 75,000 tonnes from Middle East Gulf to Japan up by 15 points to around WS...

[Watch] Collision of Two Big Ships

On Saturday morning at around 1 a.m, the MSC Madrid rammed the port side of the Primula Seaways. The latter came downstream from the...

Panama Canal Sets New Milestone

Panama Canal officials announced in a recent press release about the transit of its 3,000th Neopanamax vessel, exceeding initial traffic expectations by this date...

7 Myths of Scrubbers

The 7 Ongoing Myths regarding scrubbers 1. Scrubbers are too expensive.   Totally untrue. A 10 MW scrubber can be manufactured and installed in about USD 2...

Failure of a Piston Rod Results in Engine Failure and Fire...

Summary: On 7 September 2017, the 15.87m crew transfer vessel, Windcat 8, was on passage to Grimsby, UK, from the Lynn Wind Farm in the...

Smart Shipping and Smart Operation Solution for Ship Owners

Winterthur Gas & Diesel (WinGD) and Hyundai Heavy Industries (HHI) Group recently signed, the first agreement of its kind to integrate their advanced digital...

1.3 Tonnes of Cannabis on Vessel Seized Off Crete

On March 5, nearly 1.3 tonnes of processed cannabis was seized by Greek authorities off a fishing vessel near the Southern Island of Crete. What...