COSCO Shipping Books Profit of $288 Million
China’s COSCO Shipping Holdings Co Ltd reported a first-half profit on Wednesday and forecast that improved demand in the container shipping market would continue for...
Vestdavit Opens Office in the US
Safe boat handling specialist Vestdavit has responded to a sustained positive trend in North American business levels by opening an office in the United...
MPA: Bunker Suppliers No Longer Allowed
The bunker supplier licences of bunkering companies Panoil Petroleum and Universal Energy will not be renewed after they expire on August 31, 2017, the...
Crew ‘Drank Seawater’! Cargo Ship Detained
A cargo ship has been reportedly been detained on charges over nonpayment of dues and deprivation of clean drinking water.
What happened?
The vessel ‘Tahsin’ was...
Navigational Mistake Grounds Ship Off Falster
On August 29, a cargo vessel reportedly ran aground loaded with fertilizer.
What happened?
The cargo vessel ‘Star of Sawara’ reportedly ran aground off the Southern...
[Watch] Violent Storm Slams Ship with Monster Wave
Watch the terrifying moment a ship was slammed by a monster wave in the midst of an angry storm out in the open waters.
Disclaimer:...
US Navy Collisions Point to the Risks of Automation on Sea,...
By Amy Fraher
Four collisions involving US Navy ships this year have resulted in the deaths of 17 sailors and the injury of several more, along...
[Watch] Hapag-Lloyd Plans No Ship Orders, UASC Fleet Enough
Hapag-Lloyd has revealed that it has no plans to follow CMA CGM and MSC and build new 22,000 TEU containerships after reporting strong second...
The First Methanol Fuel Cell Powered Vessel
After a ship-naming ceremony on Friday, the MS innogy is now ready to take passengers for a green tour on the beautiful Lake Baldeneysee....
Hydrodynamic Forces Affect Overtaking Maneuvers Resulting in Collision
Still image extracted from video on board the Monte Alegre, showing the Chembulk Houston’s starboard-side bow and anchor in contact with the Monte Alegre’s...
Solid Demand Growth Reduces Spot Rate Volatility
Demand
As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight...
Baltic Dry Index Could Take a Breather from Recent Gains
The Baltic Dry Index may experience a quiet week, with activity calming ahead of a long weekend in many countries. The upcoming weekend is...
Strong Demand Improves Market as it Exceeds High Fleet Growth
A critical work of balance has been going on in the dry bulk market for quite some time. In its latest short-term outlook of...
Bio-fouling, Ballast Water and the Barnacle Bill
It was some 45 years ago that marine biologists working in the South of England commented on new species of seaweed which were appearing...
Newbuilding Activity Set for a Pick Up
Newbuilding orders are bound for a quick pick up of pace over the next few weeks, as buying interest from ship owners is more...
Here’s How Many Barrels of Oil Lost to Harvey
It is estimated that Hurricane Harvey may have claimed millions of oil barrels out of the U.S energy market.
Oil production takes a hit:
Due to...
Greek Tanker Arrested for Smuggling Oil
On 28 August, the Libyan coast guard detained an oil tanker on suspicions of smuggling oil out of the country.
What happened?
The Libyan coast...
[Watch] Drone Footage of Symphony Spirit Launch
On Friday the 25th of August, 11.00 hrs, Ferus Smit's Nb. 421 was launched in Leer.
Nb. 421 named as ‘Symphony Spirit’ is the fifth...
11 Largest Container Shipping Companies in the World
11 largest container shipping companies in the world account for a majority of the container traffic moving around the world’s major ocean routes. Today almost...
New Californian Biofouling Regulations
The California State Lands Commission (SLC) has approved new regulations on vessel biofouling that take effect on 1 October 2017.
The aim of the new...









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