Cargo Vessel Loaded with Sand Capsizes
A cargo vessel loaded with sand sank 50 meters away from the shoreline of Barangay Montañeza, Malabuyoc, Cebu earlier this week.
According to the Malabuyoc...
Dry Bulk Market Fundamentals Point Towards a Viable Recovery
The dry bulk market has dug itself out of the hole it’s been for a large part of the past few years. In fact...
Carriers See Europe-Asia Demand Surge as Box Lines Feel a Capacity...
A surge in airfreight demand on the Europe-Asia trade has seen IAG Cargo suggest that a capacity crunch in ocean shipping is forcing shippers...
Spain to Lose Cargo to Europe Temporarily
Over the last few weeks, Spanish businessmen’s concern has increased over the fact Spanish ports are becoming less effective due to the stevedore’s work-to-rule....
Who Wins from the New Bunker Fuel Spec?
US Gulf Coast refiners look well positioned to cash in on the earlier than expected 2020 deadline for ship operators to start using lower...
Marine Engine Market Growing
The marine engines market is projected to reach USD 13.53 billion by 2021, growing at a CAGR of 3.85% from 2016 to 2021. Increased...
Militants take Two Sailors Captives
On Thursday, Philippine militants took two crew members captive from a cargo ship, only hours after soldiers rescued two Malaysians held for about eight...
Cargo Crew Mistaken for Illegal Immigrants
A supposed language barrier proved to be a major hurdle for crew members onboard a cargo ship; they were mistaken as illegal immigrants.
What happened?
On...
LEK Lubrication Systems Scoops Mersey Maritime Industry Award
Merseyside business LEK Lubrication Systems has scooped the Micro Business of the Year 2017 award at the prestigious Mersey Maritime Industry Awards (MMIAs).
Success in...
The Republic of the Marshall Islands Registry Now World’s Second Largest
The Republic of the Marshall Islands (RMI) fleet now stands at 223,262,177 deadweight tons (DWT), making it the second largest registry in the world...
Bulk Carrier Which Posed a Threat being Cleaned by Divers
The banned bulk carrier vessel that posed a threat to the biodiversity of New Zealand and Fiji is now being cleaned by a team...
Marine Coatings that Saved $3bn in Fuel Savings
AkzoNobel generates $3bn in fuel savings for the shipping industry
An innovative range of biocide-free marine coatings has enabled shipping vessels to achieve fuel savings...
How do You Lift 6,800-ton Ferry from Seafloor?
Salvaging the Sewol ferry which sank off South Korea's coast in April 2014 began Wednesday, and by Thursday morning, some parts of the ship...
Survivors of Shipwreck Repatriated
Seven survivors of the "Tinaztepe S" were repatriated and brought to Istanbul on March 20. They arrived at Ataturk Airport at 3.30 p.m.
Also, the...
Fire Breaks Out on Vessel in Queens County Dockyard
A fire broke out on the former HMCS Algonquin, which is being recycled at Port Mersey Commercial Park by R.J. MacIsaac Ltd.
What happened?
This is...
Capsized Cargo Ship Refloated in Sweden
A salvage crew has successfully refloated a cargo vessel after it suffered a collision and listed to 54 degrees.
What happened?
Ardent salvage crews used a...
Higher Scrap Prices Could Tempt More Ship Owners to Scrap their...
With ship demolition rates picking up considerably over the course of the past few months, this could be a prime time for many ship...
Shipping Confidence Holds Steady Despite Industry and Political Pressures
Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser...
Ship Captain Faces Charges Over Shipment
Hong Kong customs is expected to press charges against shipping company APL and the captain of the container ship that transported nine Terrex military...
A Cargo Ship to Courier Drugs Around the World?
Crime boss Christy Kinahan is now worth more than €1 billion and has bought a huge cargo ship to courier drugs all around the...