Salvage of Damaged Lock Gate may Take Time

The lock gates of Kiel-Holtenau which was reportedly demolished after a cargo vessel rammed into its gates is likely to take weeks to be...

Giant Oil Ships From the U.S. to Cut Time, Money and...

Crude closed at a three-week high as booming stock markets stoked optimism about economic growth that drives energy demand. Crude futures rose 0.6 percent in...

Refiners Tease Plans for 2020 0.5% Sulfur Bunker Fuels

As the shipping and bunker industries await the new 0.5% global marine fuel sulfur limit in less than two years, this week refiners have...

[Watch] Jumbo in Action on a Project

Earlier this year Jumbo completed their project for the Arkona offshore wind farm (E.ON and Statoil). The entire project involves the construction of a...

Stern Lines Entangle the Propeller of Bulker Resulting in Deadly Accident...

Propeller of Vessel A Summary:  During its service to help the cargo ship SWIFTNES dock at Tomakomai Port, Tomakomai city, Hokkaido, work boat Fuji Maru, with...

Overboard: Balancing Supply and Demand in Global Maritime Trade

Ross Davies reports a stark gap between supply and demand of vessels which continue to hurt the operators. The ever increasing gap between the...

Steamship Opts for Dutch Hub

British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in...

Panama Seeks to Grow Ship Finance with New Law

After many years in the pipeline, Panama has passed legislation for ship financing, the first of its kind for the country. The Law 50 of...

Two Cargo Ships Collide Off Finland

On February 25, two cargo vessels collided in the sea near the Southern city of Porvoo and both the vessels sustained damages. What happened? Two cargo...

33 Ships, 27 Firms can be Black Listed

The United States is urging the united nations to ban 33 vessels from ports worldwide and blacklist 27 shipping businesses for helping North Korea...