One Killed, One Wounded in Cargo Ship Explosion in Sinop
On February 28, one person was killed and another was injured, when a cargo ship exploded in Turkey.
What happened?
A Liberian flagged dry cargo vessel...
Predictive Analytics: The New Hot Ticket in Shipping?
The adoption of predictive analytics for port operations is proving increasingly popular, as the technology can help ports achieve better unloading and offloading times...
[Watch] Helicopter Underwater Egress Training
Helicopter Underwater Egress Training or HUET is a safety course that will train you to safely exit the aircraft in the event of an...
Is the Storm Over for Container Shipping?
By James Catlin
Overview
An oversupply of container vessels has plagued the market over the past couple years. But late 2016 through the first half of 2017...
Lack of A System To Indicate Fixed CO2 System Status Leads...
The incident:
On 15 November 2017, WORLD CALIMA left Helgoland with a crew of 5 and 11 technicians, who were to disembark at three different...
Navios Maritime to Acquire a 4,250 TEU Containership
Navios Maritime Containers Inc. (“Navios Containers”) (N-OTC:NMCI), a growth vehicle dedicated to the container sector, announced that it agreed to acquire a 2010-built, 4,250...
Vale Sails New `Green’ Ship to Cut Rivals China Advantage
Brazil’s Vale SA seeks to minimize its long journey to China.
It has sailed the first fleet of efficient cargo vessels for this...
TOTE Begins its Orca Vessel Conversion to LNG
TOTE Maritime Alaska becomes the first US shipping company to convert their vessels to LNG.
The company has started converting 2 of it’s...
Crude Tanker Market Update: Focus on VLCCs
By James Catlin
Summary
Over the last couple years, the VLCC fleet has experienced significant growth leading to the current oversupply situation.
A thick orderbook...
Taiwan’s Looming Shipping Problems
Taiwan appears to have a ship problem — not one like the Ching Fu Shipbuilding Co scandal, but one that poses substantial risks to...
Tanker Sold for a Dollar! Suspicion of Money Washing
Suspicions of money laundering has been raised after a tanker estimated at $ 1.8 million is being sold for only $ 1.
What happened?
The tanker...
Wilhelmsen Maritime’s Drew Marines Acquition Plan Runs Aground
Wilhelmsen plans to acquire Drew Marine could reportedly run aground after it was found that the deal could violate antitrust laws.
What happened?
It has been...
Europe Takes First Steps in Electrifying World’s Shipping Fleets
Since early 2015, a mid-sized car ferry, the MS Ampere, has been traversing the Sognefjord in western Norway from early morning to evening, seven days...
[Watch] CHILLING Footage of a Cargo Vessel Caught in Ocean Swells
CHILLING footage shows a huge cargo boat caught in spine-chilling ocean swells as the giant vessel is helplessly tossed around during a storm.
Disclaimer: This...
How do Alliances Affect My Rates and Service Contract with a...
An alliance is a group of ocean carriers joining forces to operate ships on some trade routes. Only the vessels and its operations are...
[Watch] 5 Key Questions to Consider in the Maritime Security Sector
Maritime security is one of the 17 major subjects for NATO, particularly with reference to the Mediterranean and the passage of immigrants and terrorists.
Increasing...
Top 4 Hook Awareness Checks to Avert Disasters
What Happened:
A routine operation was carried out to transfer a bulk hose between a platform and a PSV, with the help of the platform...
Will Scrap Yards Solve the Crude Tanker Glut?
Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact...
Wisdom Marine Books Two More Bulkers in Japan
Taiwanese shipping company Wisdom Marine is investing USD 68 million in two new NOx Tier III bulk carriers.
The company said that the two 82,400...
Ship Benchmarking System Relaunched
Overview
BIMCO relaunches ship benchmarking system, a Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their...
