Daring Escape of 3 Sailors from the Pirates

3 Sailors have returned after being captured in February. What happened? Three Russian sailors captured by pirates in early February near Nigeria have returned to Russia, Director of...

Car Carrier Held Captive

Ship Seized by Military Released A ship seized by Libyan military was released Tuesday after being held captive. What happened? A South Korean ship with 24 crew...

Latest Flag State Performance Table by ICS

The International Chamber of Shipping (ICS) has published its latest Flag State Performance Table which can be downloaded free of charge via the ICS...

ABS Issues Industry’s First Cyber Safety Notation

ABS, a leading provider of classification and technical services to the marine and offshore industries, has issued its first notation for the ABS Guide...

South Africa Honors more than 600 Dead in WWI Ship Sinking

It was a cataclysmic loss among many during World War I. On the foggy early morning of Feb. 21, 1917, in the channel between...

Hyundai Global Services Enters into Eco-friendly Ship Services Business with KSS...

Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced it signed an MOU with KSS...

LNG Carriers Prepare for Sulphur Changes

Mitsubishi Heavy Industries Marine Machinery & Engine Co (MHI-MME) has completed retrofit work on boilers onboard 80 gas carriers as owners prepare for regulations...

Shipping Investors will Fill the Gap Left by the Banks

BY LOUISE VOGDRUP-SCHMIDT Several prominent family-owned shipping companies, mainly with Norwegian roots, have invested in new company Maritime Asset Partners, which will offer alternative financing...

Why Dry Bulk Shipping Could Look Very Different One Year From...

By James Catlin Summary Dry bulk shipping has been caught in a perfect storm for the past three years. A massive oversupply of vessels paved...

Owners Hold the Upper Hand in Pricing Clashes with P&I Clubs

Rate reductions of up to 5% are starting point for many negotiations, with fewer fleets on the move. Battles over premium reductions and a turf...