Abandoned Aframax Tanker Sold Via E-auction

Reports indicate that Shanghai Maritime Court has auctioned off over the web, the 1997-built aframax tanker Amba Bhakti on Taobao. Varun Shipping reportedly abandoned the vessel...

Transpacific Container Rates Under Extra Pressure

As shippers and carriers on the transpacific prepare for the annual contract negotiating season – which kicks off with the Journal of Commerce’s Transpacific...

VIKING Sees a Slight Improvement in Cargo and Offshore

For the second consecutive year, revenue and earnings remained stagnant for 2017 at VIKING Life-Saving Equipment A/S. Two of the largest customer segments, the...

Key Success Strategies by Thome

Gautam Kashyap, Thome’s Vice President for Business Development, outlined the Group’s strategies for success at the 2018 Connecticut Maritime Association shipping conference. “Ship Management is...

Baltic Dry Bulk Weekly Briefings

Capesize There were finally reports of increased Brazil activity, but still largely unconfirmed. Vale reportedly took six ships Thursday for 5th April onwards, from Tubarao...

Costly Safety Lessons! Ship Crashed

The Marine Accident Investigation Branch (MAIB) has published a report of the investigation into the collision between cargo ship Saga Sky and Stema Barge...

[Watch] A Divers Shocking Footage of Plastic Waste

Shocking footage has emerged showing a Bali ocean containing tonnes of plastic waste, showing the damage that humans are doing to the world's ocean....

Sink or Sail? – Shipbuilders Face Critical Point for Survival

The nation's shipbuilding industry officials are maintaining a cautious outlook, despite growing expectations about recovery following an increase in the number of orders that...

Cargo Ship Saves Stranded Boy

On March 17, a 11 year old boy was rescued by a merchant vessel in Helsinki Vuosaari after the child was stranded on thin...

Coating Over a Coating Problem

Subsea Industries’ NACE coatings inspector Manuel Hof explains why shipowners can no longer afford to gloss over the marine environment issue. Today’s ships are expected...