Lessons Learned From a Tumultuous Year in Dry Cargo Industry
Summary
Despite the worst market in memory, big-name shipping companies survived the storm by bravely recapitalizing their balance sheets.
Dry cargo companies restructured outside of bankruptcy...
Clarksons: Forte Sectors See Better Earnings in 2016
Market conditions across most sectors of the shipping industry in 2016 have been highly challenging and things in many sectors appear to be as...
New Ship Export Orders Rise in November for Japan
According to the data released by Japan Ship Exporters Association (JSEA), Japanese new ships export orders in November this year have increased by 169.4...
Americas Bunker Fuel Demand Doldrums
Shifts in supply availability and lessened overall bunker demand could limit the potential for an extended price rebound in the Americas in 2017.
Following the...
Sex on the Bridge that Sank the Ship
Captain of B.C. ferry that sank after crew allegedly had sex on bridge makes case for what caused disaster
The Queen of the North Disaster:...
Ship Noise on Government’s Radar
Ship noise on government's radar amid dispute over pipeline's impact on whales
The federal government is seeking a way to regulate underwater shipping noise as part of...
EC Releases List of Approved Ship Recycling Facilities
EC releases list of approved ship recycling facilities in Europe
The European Commission (EC) has adopted the first version of the European List of ship...
First Polar Ship Certificate Issued
On December 22nd, the maiden Polar Ship Certificate was issued by the Russian Maritime Register of Shipping (RS). The document was released by Murmansk...
Engine Failure Left Cargo Ship Adrift in Sea
A general cargo ship was adrift in Sea after suffering failure in the main engine.
What happened?
A general cargo ship Ganit belonging to Russia suffered...
Fire Aboard Due to Absence of Extensive Circuit Protection
Summary
On December 11, 2015, about 1740 local time, a fire broke out in the electrical control room for the aft winches aboard the freighter...
Man Travels the World for Free for Three Years – this...
By Laura Hampson
For decades, travellers have been trying to work out how to travel on a shoestring budget. We want to see as much as...
[Watch] Take a Ride on the Alder Breaking Ice in the...
The USCGC Alder breaking some ice in the Duluth/Superior harbor.
Disclaimer: This video is intended for informational purpose only. This may not be construed...
Shipwreck Museum Shares Tales of Tragic Loss on the Great Lakes
Located in Michigan’s Upper Peninsula at a point where Whitefish Bay opens into Lake Superior, the Great Lakes Shipwreck Museum includes the Whitefish Point...
Chinese ECA Reminder
From 1 January 2017 ships calling at all eleven key ports in China must use fuel with a sulphur content not exceeding 0.50 per...
ClassNK Releases Amendments to Class Rules
Leading classification society ClassNK (Chairman and President: Noboru Ueda) announced today that it had released amendments to its Rules and Guidance for the Survey...
Mixed Bag Good for Brokers
By JASON JIANG
All week we’re looking at prospects for 2017. Today, chief correspondent Jason Jiang goes through the various sectors.
The year of 2016 has...
Top 5 Performing Bulkers
Lloyd’s List Companies: Premature to say dry bulk woes are over?
Is It too early to declare the dry bulk woes are formally over?
Shaking off...
VLCC Rates to Slide from Nine-month High on Lower Cargo Volumes
Freight rates for very large crude carriers (VLCCs), which hit a new nine-month high this week, are on course to soften amid a weaker...
Fleet Growth Squeezes Crude Oil Tanker Market
From January 2014 - October 2016 the crude oil tanker segment composing of VLCC, suexmax and aframax ships, had a net-fleet growth of 7.3%,...
Top 10 News that Shook the Shipping Industry in 2016
The shipping industry had an unforgettable year in 2016 with its fair share of ups and downs. Early 2016, a major shipping line filed...
