Maersk​ ​to​ ​Pay​ ​€3.7 Billion​ ​Euros​ ​to​ ​Acquire​ ​German​ ​Rival

On Friday, The world's leading container shipping company, Danish Maersk Line, it would pay 3.7 billion euros ($4 billion) for the acquisition of German...

First Aluminum Hull Reference for Thordon Seal

Fuller's Fast Cat Korora Provides First Aluminium Hull Reference for Thordon Seal Fullers Group’s has provided a first reference for Thordon Bearings’ TG100 seal on an...

Two Vessels Suspected of Oil Smuggling Captured

On Friday, Two vessels suspected of smuggling oil have been captured by the Libyan naval forces captured after gun battles lasting several hours west...

World’s Largest Containership

Samsung Heavy Industries Builds World’s Largest Containership with Intergraph Smart® 3D Samsung Heavy Industries (SHI), one of the world’s leading shipbuilders, has used Intergraph Smart®...

How a CEO Made Millions From a Sinking Ship

When stocks rose after last year’s presidential election, DryShips Inc. left the market far behind. The little-known Greek dry bulk carrier’s epic one-week rally...

Biggest Ship Sets Record Lifting 24,000-tonne Platform

The world's biggest ship has set a new record lifting a 24,000-tonne oil platform. The Pioneering Spirit heaved the topside of the Brent Delta platform...

Containership Capacity: Owners Hoping it’s the Start of Improved Returns

Idled containership capacity has shrunk by 28% in the past two weeks to 696,000 teu, according to Alphaliner. And the maritime consultant said it expected...

Private Independent Shipowners’ Days Numbered

The best days of the private independent shipowner are over, according to the audience who took part in a poll at maritime conference in...

MacGregor Divests Woodfield Systems Ltd.

MacGregor, part of Cargotec, sells the majority shares of Woodfield Systems Ltd. Woodfield became part of MacGregor in January 2014, when MacGregor acquired mooring...

Baltic Dry Index Down for Seventh-straight Session

Capesize rates have finally turned higher. They snapped a six-session losing streak on Thursday, but the capesize index’s turn higher wasn’t enough to buoy...

MAN Debuts New SCR for Two-stroke Engines

MAN Diesel & Turbo and its licensee Mitsui Engineering & Shipbuilding introduced its new high-pressure selective catalytic reduction (SCR) system, MAN SCR-HP, at an...

Costly Bilge Water Non-compliance

A new white paper from Alfa Laval addresses ship owner concerns to ensure vessel compliance with bilge water regulations worldwide. Even if a traditional...

ABB and IBM Partner in Industrial Artificial Intelligence Solutions

ABB and IBM (NYSE: IBM) has announced a strategic collaboration that brings together ABB’s industry leading digital offering, ABB Ability, with IBM Watson Internet...

Pirate Attacks Rising Off East Africa, Pentagon

Pirates once again prowl the high seas off shore of this tiny country on the strategic Horn of Africa. Navy Capt. Richard Rodriguez, chief of...

3D Printed Ship Propeller Unveiled by Dutch Engineers

Engineers at Europe’s largest port are exploring the use of additive manufacturing processes to carry out repairs to damaged ships. The Netherlands’ Port of Rotterdam...

[Watch] Additive Manufacturing Processes for Ships

Engineers at Europe’s largest port are exploring the use of additive manufacturing processes to carry out repairs to damaged ships. For more information, please visit...

[Watch] Shipping 4.0: Power of the Future

ABB has launched its Shipping 4.0 concept with a high-level roundtable discussion on the ‘Power of the Future.’ Industry leaders and journalists met with...

Your Ship is Not a Donkey Cart!

Discipline is the answer to self-inflicted problems in the shipping industry, owners claim. Shipowners are required to stay disciplined and stop trying to outmanoeuvre each...

Livestock Carrier Hit and Sinks Navy Ship

On Thursday, a Russian spy ship reportedly sunk after it, unfortunately, collided with a freighter collision with a freighter carrying sheep. What happened? The Russian Navy...

Cargo Shift Sinks Cargo Ship at Port

On Thursday, a cargo ship capsized while loading over-weight goods at a port in Yangon. What happened? The ship, MV Shwe Let Wa, running on Yangon-Sittway...