Booking Slots Reassignment for Neopanamax Vessels

From January 15, the booking slots for Neopanamax vessels that transit prior to their reserved date may be reassigned to other interested Neopanamax vessels. The...

Dense Fog Grounds Container Ship

On January 15, a container vessel reportedly got stuck at port channel due to dense fog while disrupting traffic. What happened? The container ship ‘MV Tzini’...

Singapore Oil Refinery Heist, 3 More Suspects Arrested

On January 13, three men were suspected on the charges of involvement in large-scale oil theft at Shell’s biggest refinery. What happened? The Singapore court has...

Match Shippers with Shipping Companies

Weathernews Inc., headquartered in Chiba, Japan and Mitsui & Co. headquartered in Tokyo, Japan, have decided to form a joint venture company named Maru...

Baltic Exchange to Develop LNG Freight Index with Ship Brokers

The Baltic Exchange is eyeing for the LNG market. It is launching a freight index for LNG Further plans of tying up with...

Rising Oil Price Poses Another Profitablity Problem for Containership Operators

Container operators are hardly hit by the LFSO marine fuel transformation which has escalated the fuel prices, posing a renewed risk to carrier profitability. This...

Singapore Smashes Bunker Sales Volumes in 2017

Singapore posted record sales, volumes of marine fuels for the third straight year in 2017, even as the city state revamped the market last...

Shipowners Return to Buying Ways

Shipowners are back at procuring new ships. They are opting for bulk carriers. China is emerging as the biggest global player amongst the...

Captain’s Maneuvering Error Costs Millions

Summary: ​On the morning of May 8, 2016, the passenger vessel Carnival Pride was attempting to dock at the Cruise Maryland Terminal at South Locust...

RIMS Gets Class Approval from Lloyd’s Register

Drone and robotics specialist RIMS (Robotics In Maintenance Strategies) have received their fourth Classification Certificate as Recognized External Specialists, from Lloyd’s Register for the...