Diana Shipping Announces Time Charter Contract for M/V Phaidra with Uniper

The Diana Shipping has announced to offer charters based on timing for the vessels specializing in dry bulk vessels. What happened? The Diana Shipping announced a...

Merger forms Smart Shipping Platform

Pro Nautas has now acquired maritime technology company Buss Data to expand its services in shipping, river cruises and port operations and also create...

9 Out of 20 Major Shipping Firms will Disappear by 2018

The CEO of Hapag-Lloyd, the world’s fifth-largest container shipping company, expects consolidation in the sector to continue this year, further reducing the number of...

Woman Falls to Her Death Aboard Carnival Cruise Ship

On January 19, in an unfortunate turn of events a woman reportedly died after falling several decks from the balcony of her cabin. What happened? The...

7 Missing After Vessel Collides with Cargo Ship Near Hong Kong

On January 21, seven people were reportedly killed after fishing boat reportedly collided with a cargo vessel near Hong Kong. What happened? The cargo vessel reportedly...

From Smart Cars to Cargo Ships: How IoT is Changing Transportation

Similar to cars, automated ships are on the horizon. IoT connectivity is creating new age automated vessels. Rolls Royce has already developed...

Greeks Top the List of Used Ship Buyers in 2017

Greek-owned shipping companies last year invested US$4.7 billion in the acquisition of used oceangoing vessels and another $4.7 billion into new builds. As a...

Big Data to Grow Market Share for Panama Canal

With responsibility for managing one of the world’s foremost shipping channels, this agency set out to estimate, how a planned $5 billion expansion would...

Tanker With Russian Gas for Boston Makes Mid-Atlantic U-Turn

LNG tanker Gaselys was scheduled to arrive in Boston by Saturday Vessel reversed course to Spain after almost 21 days en route Three weeks...

Bulk Carrier Rates Sink as Brazil’s Iron Ore Exports Wane

Rising inventories in China adds to the 60% price fall in the bulk carrier rates from mid-December. The Decline Charter rates for bulk carriers fall,...

Shady Triangle: Southeast Asia’s Illegal Fuel Market

An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves...

[Watch] ‘Noah’s Ark’ Crashes Into Other Ships in Dutch Harbor

In the beginning of 2018, the replica of Noah’s Ark reportedly crashed into multiple ships in a Dutch harbor due to strong winds. What happened? The...

550 Pounds of Cocaine Found on Cargo Ship Off Miami

Recently, 550 pounds of cocaine worth $6.25 million was reportedly seized from a cargo vessel by the U.S. Customs, from the Miami Port. What happened? The CBP...

[Watch] Worker Knocked Out by Fermented Molasses in Cargo Ship

On January 18, a worker had a very close call when he was knocked down by fermented molasses which were present in the cargo...

[Watch] Who You Calling Ugly? New Ship is a Floating Swiss...

The USNS Herschel “Woody” Williams is neither fast nor heavily armed. And while she may look like a commercial cargo ship, the Navy's new vessel is...

£1 Billion Investments Announced in the UK Shipping Sector

An excess investments worth £1 billion has been announced in the UK shipping sector. The investments are for the development new ships and port...

Severe US Gulf Coast Weather Delays Tonnage, Pressures Freight

Extreme weather conditions prevails in the US Gulf Coast. This has affected the american tanker markets. Several industries like the refineries, petrochemical plants,...

First Ever Cyber Enabled Container Ship Delivered

MV COSCO Shipping Aries, delivered to COSCOS, is the first ever container ship to receive LR’s Cyber-enabled ship (CES) descriptive note ‘Cyber AL3 SECURE...

Name Change of Two “K” Line Group Subsidiaries

Effective from April 1, 2018, the names of two companies will be changed for efficient subsidiary management. The Taiyo Nippon Kisen Co., Ltd. and “K”...

Fire Breaks Out Onboard Oil Tanker, 26 Crew Members Rescued

On January 17, a major fire broke out onboard an oil tanker and twenty six crew members were rescued from the burning tanker. What happened? The...