Seaspan Closes Deal on the Purchase of Six Containerships
Seaspan closes on the purchase of a fleet of six containerships.
The company says its global fleet now approaches one million TEU.
Seaspan's...
One-time Amnesty Granted for 3,762 Seafarers With Fake Certificates
DG Shipping India issued show-cause notices to 3,762 candidates who were found to have been obtaining fake maritime certificates.
IMA has granted a...
‘Lehman-type’ Moment? Analysts Warn Markets Are Complacent Over Coronavirus Risk!
Perret-Green highlighted that at the end of 2002, the Chinese GDP was estimated at around $1.5 trillion, 4% of global GDP.
By the...
OPEC Calls Urgent Meeting As Oil Market Takes a Coronavirus Slump!
According to a Freight Investor Services report, the oil markets are responding to the coronavirus outbreak as the market slumps low, triggering actions from...
No Respite from VLSFO Shortage As Refining Facilities in Tatters
China VLSFO output to pick up from around Q2 2020
China refiners need time to add facilities, adjust output
More than 3months till...
Concrete Blocks Collapse Into Cargo Hold, Two Workers Trapped
According to a Maritime Bulletin report, set concrete boards stacked onboard the vessel collapsed into the cargo hold.
What happened?
On February 3, the concrete boards'...
German Container Ship Runs Into Steering Trouble in Kiel Canal
According to a Maritime Bulletin report, a container ship suffered engine failure in the Kiel Canal.
What happened?
The container ship Ceres suffered engine failure while...
Geeks Take the Social Media by Storm on Rare Palindrome Day!
Last Sunday, February 2nd, 2020 made for an unusual day! A special day known as the Palindrome Day. Maths geeks around the world celebrated...
Scrubber Retrofit Delay As Drydock Crews Affected by Coronavirus Scare!
According to a Reuters report, shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules...
Coronavirus Storm Gripples Freight Market As Rates Spike To Record High!
According to a LoadStar article, ocean carriers are preparing to idle more ships in Asia as the ripples from the coronavirus outbreak in China...