Baltic Dry Index Continues Seasonal Retreat, Falls Below 1000 Points

The Baltic Dry Index continued its anticipated late fall retreat on Monday, shedding 20 points to touch 926.  Last Friday, the BDI fell below...

British Bulker Ran Aground in France

British Bulker Ran Aground in France and Got Refloated On December 17, a British cargo ship Citius ran aground along the banks of Seine, between Le...

Expanded Panama Canal Welcomes its 500th Neopanamax Transit

Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday,...

2016 Video of the Year Official Trailer

We are pleased to announce the 2016 nominees for Coast Guard Video of the Year.  We’ve selected the top 10 videos from more than...

Engines Operating on Heavy Fuel – Is Savings on Operational Cost...

FALLY REGARDING SAVINGS ON OPERATIONAL COST BY USING HIGH VISCOSITY FUEL FOR SHIPBOARD DIESEL GENERATORS Almost more than three decades back the engine builders offered to the ship...

First US Ship-to-Store Drone Delivery Successful

By Jennifer McKevitt Dive Brief: Drone delivery firm Flirtey and a Johns Hopkins University School of Medicine professor successfully sent a drone from a medical relief...

Is Your Ship China Ready? China Emission Control Alert for Upcoming...

In a web alert dated 15 December 2015, the club reported on the regulations issued by the Ministry of Transport of China which designated...

Adolf Hitler’s Missing Gold Hoard ‘Found in Wreckage of Giant Nazi...

Adolf Hitler's Missing Gold Hoard 'Found in Wreckage of Giant Nazi Cruise Liner' Discovered Off Baltic Coast A British diver has claimed that Adolf Hitler's...

If Trump Abandons the TPP, What will Happen to China?

The President-elect has promised to abandon the TPP (Trans-Pacific Partnership) on his first day as a President at the White House.  If such a...

GAC Adds Centralised Cargo Declaration Service to Aid Vessel Owners with...

GAC has introduced a new centralised service to help ship owners navigate the paperwork required for the import of cargoes to European Union (EU)...

[Watch] Tekomar CYLUBE – Cylinder Lube Oil Savings

Cylinder lube oil savings by Tekomar CYLUBE: Upgrade mechanical lubricators with load, BN and S dependency. Disclaimer: This video is intended for informational purpose only....

DNV GL Looks to Gain More Market Share on the Greek...

DNV GL is making waves on the Greek shipping market, as the strategy set forth a year ago, to make Greece its third “home”...

New VLCCs & Containerships in the Pipeline for HMM

The What: HMM reveals its Plan for New Containerships & VLCCs in 2017. Gimme Some Background: It has been a tough time for the dry bulk and...

Greek Owners Invest $3.4 Billion in Dry bulk Vessel Acquisitions During...

Since the BDI’s low of 290 points in February this year, the index has recovered to above 1200 points. Focusing in on the European fleet,...

Shipping Fleet Grows by 10.26% in Capacity and by 6.5% in...

With growth of 6.5% in vessel numbers and 10.26% in DWT terms the Hellenic shipping industry continued to power forward during 2016.  This is...

Scrubber Manufacturers Ready for Clean up

The UK-based Exhaust Gas Cleaning Systems Association (EGCSA) founded in 2009 with five members, now has almost 20 companies in membership.  The company is...

Giant Container Ship Capsized Passenger Boat – Many Dead or Missing

On December 17, the giant container ship MSC Regulus reportedly collided with a fishing vessel off the coast of Peru, killing five. The fishing boat...

Emissions Data Collection – IMO vs EU MRV

by Julien Dufour, CEO, Verifavia Shipping It is estimated that ships of 5,000 gross tonnage(GT) and above account for approximately 85% of CO2 emissions from international shipping.  Both...

1st January 2017 – MFM on Bunker Barge – Is Singapore...

The Story: On or after 1st January 2017, all bunker barges supplying fuel in the port of Singapore should supply through Mass Flow Meters (MFM)....

Rudder Cracks on HHI New Buildings?

The What: VLCCs delivered by Hyundai Heavy Industries (HHI) in the past 18 months experienced or some cracks have been identified. Who are affected? Ship owners...