Cocaine Found in Engine Room Aboard Bulk Carrier
The Colombian police have reportedly found 87 kilos of cocaine hidden in the closed compartment onboard a bulk carrier.
What happened?
The secret stash was...
VLCC Rates to Fall Further in Well-supplied Market
Freight rates for very large crude carriers (VLCCs) are set to slide further next week, falling below tanker break even costs on routes from...
Global Economy is in Sync
With the first-quarter earnings season coming to a close, the verdict is in on the synchronized global expansion: It’s alive and well.
A picture of...
Baltic Exchange Outlines its Growth Plans
The London-based Baltic Exchange has bold growth plans in the wake of its acquisition by the Singapore Exchange (SGX) last year.
Among other things, the...
DNV GL Certification for Energy and Safety Management
Columbia Shipmanagement receives DNV GL certification for energy and safety management
DNV GL has confirmed that Columbia Shipmanagement complies with the highest standards in energy...
MOL to Launch Sales of Redesigned, Refined PBCF
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that its group company MOL Techno-Trade, Ltd. (President: Shugo Aoto; Headquarters: Chuo-ku, Tokyo)...
[Watch] US Welcomes Largest Cargo Ship to Ever Visit Ports
The largest cargo ship ever to visit ports on the US East Coast arrived earlier this month at the Port of Savanna.
The COSCO Development...
LNG Bunkering Set to Fuel a Favourable Future in Asia
The liquefied natural gas (LNG) bunkering market in Asia is gearing up for growth in the next two to three years. This is largely...
Wilhelmsen Drone Delivery Takes Wings
Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency essentials...
First ‘Hybrid’ Subsea Crane for CBO Vessel
As part of its conversion from a platform supply vessel to a remotely operated vehicle (ROV) support vessel, Brazilian ship owner CBO’s ‘Manoella’ is...