Crew Found Hanging Aboard a Cruise Ship

On Thursday, a young crew member had reportedly committed suicide by hanging himself in his cabin aboard a cruise ship when it was docked. What...

Provisions Store Catches Fire Aboard a LPG Carrier

An LPG carrier reportedly caught fire while it was on its way to Russia. What happened? The LPG carrier named ‘Navigator Leo’ caught fire in the...

ClassNK Issues Type Certification for LED Floodlights

ClassNK issues Type Certification for LED floodlights for Port Facility-use to Stanley Electric Leading classification society ClassNK has issued the first Type Certification for LED...

ABS Introduces Smarter Lashing for Containerships

ABS, a leading provider of classification and technical services to the marine and offshore industries, is providing resources that could dramatically improve safety on...

Reject EU Emissions Trading System says ICS

The International Chamber of Shipping (ICS) – which represents over 80% of the world merchant fleet – says it is ‘disappointed but not surprised’...

300kg Waste Cleared from 56-year-old Shipwreck

Teams of scuba divers on Sunday joined a Sharjah Aquarium initiative to remove waste from a large shipwreck that has become an important marine...

Long-term Freight Slump Taking Toll

Thousands of containers were left stranded in late August, including many carrying grain, when Korea’s Hanjin Shipping declared bankruptcy.  As supply chains unraveled and...

Countdown to the Next Dilution

By Short Only Summary DryShips' 4th quarter was bad, but there were no surprises. The company's future plans are problematic because it will be in another...

Collapsing Orders for New Ships Set to Hasten Market Rebalancing

Investors’ confidence in market prospects dramatically weakened last year, resulting in orders for new ships in the main sectors completely collapsing.  Fading optimism about...

Improving Demand to Ease Oversupply in Dry Bulk Shipping

With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the...