Freight Rates Decline in East-West trade routes

Drewry’s Benchmarking Club is a closed user group of multinational retailers and manufacturers, which closely monitors the contract freight rates.  It appears that  freight...

Fuel Accounting Software By Rosmorport Saves 200 Million Rubles

Russian state enterprise, Moscow based Rosmorport provides facilities inspection and weighing of goods for vessel transportation and also for motor vehicle transportation.  Since 2013,...

Seago Line – Complying SOx Regulations Costs More

Seago Line  is Maersk’s intra-Europe subsidiary company.  In a Trade union meet organized by the JOC, Seago Line was represented by its Account Manager...

Playing in Dirt Snuffs Out a Precious Life

Amber Shoemake was blessed with a healthy son after years of waiting. So she was overprotective to her son Leland.  He was smart from...

[Watch] The Towing Of Model Emma Maersk Replicating The Real Vessel

https://www.youtube.com/watch?v=fW0_MmEO7o4&feature=youtu.be Emma Maersk is the first containership in the E-class of eight owned by A.P. Moller - Maersk Group. Details of the Ship: The vessel is 398...

MPA Funds S$12 Million to Build LNG Fuelled Vessels

In a bid to develop Singapore port as the key LNG bunkering hub in Asia, Maritime and Port Authority of Singapore (MPA) has launched...

NYK Welcomes The New Coal Carrier

NYK Bulkship (Asia) Pte. Ltd., (an NYK Group subsidiary company) received the new coal carrier Tenryu Maru.  It was delivered at Oshima Shipbuilding Co....

LNG In China – Nine Shipyards Enters Into An Agreement

China LNG enters into strategic cooperation agreements with nine shipyards within China in relation to finance leasing business and LNG businesses and finance lease...

DSME Wins Orders For 2 LNG Carriers Worth $400 M

Daewoo Shipbuilding and Marine Engines (DSME) has finalised the contract for constructing two LNG carriers worth US$ 400 Million. The deal is with the...

Faulty Ballast Pipeline Actuators Results in Engine Room Flooding

The Incident: An Oil Tanker (VLCC - Very Large Crude Carrier) was discharging its cargo. Ballasting was planned in the early hours of the...