Does Solar Power have the Capacity to Burn Dry Bulk Shipping...

Overview Dry bulk shippers specialize in transporting cargos, typically commodities, such as iron ore, coal, grain and other materials around the world.  Companies with exposure...

Rickmers Maritime Scraps Second Ship in Two Months

Rickmers Maritime has sold its second container ship for scrap in as many months as the financially troubled Singapore-based charter ship manager struggles to...

Beware of Negative Factors Pressuring the Tanker Market in February

Tanker owner Euronav cites encouraging start for the first quarter of 2017, but warns of negative factors pressuring the tanker market in February Euronav NV...

Targeting a 30% Improvement in Fuel Efficiency for Marine Vessels

The ETI has published a new report which highlights affordable measures and technologies that could be taken to reduce the fuel consumption and carbon...

Digitisation of Maersk Line with Riverbed Technology

Maersk Line has signed a five-year contract with Riverbed Technology to monitor business-critical applications and services.  The container ship operator intends to use the...

Draft EU Ship Recycling List Leads to More Questions than Answers

Lines were drawn clearly at the fourth Ship Recycling Congress on 25-26 January in London. Whilst the Danish Shipowners’ Association continues to argue that...

IMarEST Opens Office in China as Membership Grows

The Institute of Marine Engineering, Science and Technology (IMarEST), the world’s largest global marine and maritime professional body, has announced that it has opened...

A Better Approach to Ship Valuations

By J Mintzmyer Summary The following is an overview of the importance of proper valuation data in shipping investments, which includes an interview with the team...

Marine Cargo Fire and Explosion – the Hidden Causes

By Neil Sanders A small but significant number of marine cargo fire and explosion incidents are due to self-heating in some form.  Selfheating can affect...

Engine Disabled While Ballasting! Cargo Ship Disabled

General cargo vessel “AMP Crystal” suffered engine failure on the afternoon of January 22nd while ballasting in the Tsugaru Strait, en route from Kashima...

Steering Failure! Bulk Carrier Collided with an Oil Tanker

On Jan 16, a general cargo ship "Erasmos" reportedly collided with an oil tanker "Blue Emerald" at the port of Leixões. The accident resulted in...

[Watch] Archeologist Excavates Keel, Artifacts from Gold Rush-Era Ship

Archeologist Excavates Keel, Artifacts from Gold Rush-Era Ship at SF Development Site As local history buffs know and will never tire of telling you,...

ETI Targets 30% Fuel Cut for UK Fleet

After an assessment of energy saving solutions, the Energy Technologies Institute believes the UK fleet could achieve a 30% reduction in fuel costs by...

[Watch] America is a Maritime Nation

By Robert Kaplan The United States, bordered by two oceans, is a maritime nation.  Not only is its Navy the largest in the world by...

[Watch] Clothing-optional Cruise Leaving from Tampa Sold Out

The company, Bare Necessities Tour and Travel claims it is the first bare cruising company and now it looks like it has the first...

[Watch] Ship Frozen on River Danube in Romania Runs Out of...

Food and water has been taken by helicopter to a ship trapped by ice on the frozen River Danube. The ship has been stranded for...

Trump Withdrawal from Asia Trade Deal a Boon for China

US President Donald J. Trump’s withdrawal from a long-planned Pacific trade pact creates a political and economic vacuum that China is eager to fill,...

As Global Shipping Industry Struggles, Crews Can Pay the Price

Abandoned Ships: As global shipping industry struggles, crews can pay the price By Ezra Fieser The Newlead Castellano, one of 50,000 cargo ships that crisscrosses oceans...

Is Cosco Ship Scrapping Strategic?

Shanghai-listed Cosco Shipping Holdings, a subsidiary of Cosco Shipping Corporation Limited (Cosco Shipping), has revealed that it scrapped eight vessels during the fourth quarter...

Baltic Dry Index Falls to 862, Down 24 Points

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities declined further to 862 points led by weaker cape, panamax...