EuroDry Announces Its $24.5m Worth Acquisition Deal

EuroDry has acquired 2014-built ultramax bulker Asia Ruby II, says a press release published on their website. Vessel acquisition Nasdaq-listed dry bulk owner EuroDry has announced the acquisition of 2014-built ultramax bulker Asia Ruby II for...

Tanker Disabled After Engine Failure

Product tanker suffered engine failure early in the morning Aug 24 in southern part of Bosphorus, Reports Maritime Bulletin. What happened? Product tanker suffered engine failure early in the morning Aug 24 in southern part...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange. Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Weekly composite index...

Smarter Shipping Emissions Regulation Could Improve Air Quality

Emissions from shipping activities around the world account for nearly 3 percent of total human-caused greenhouse gas emissions, and could increase by up to 50 percent by 2050, making them an important and often...

Closing The Most Pronounced Data Gap In Shipping

  Shipowners and operators are under increasing pressure from investors, regulators, and customers to demonstrate strong Environmental, Social, and Governance (ESG) performance, says an article published in Splash 247. Opportunity for ESG performance Pressure is likely to...

[Watch] Ship 20 Primed For Pre-Flight Testing

Ship 20 has returned to the launch site, taking up suborbital Pad B ahead of proof testing objectives, while Booster 4 is undergoing final closeout work inside the High Bay, says an article published in...

Gibson Weekly Tanker Report – Week 32, 2021

The past couple of years have been very turbulent in many international markets due to the global pandemic. For full report click here Did you subscribe to our daily newsletter? It’s Free! Click here to Subscribe! Source: Capitallinkshipping  

[Watch] Officials Investigate Rising Incidents of Lasers Shone Into Vessels

The police are investigating 9 incidents where lasers have been shone into the eyes of ship masters in the Solent, reports itv News. Crew temporarily blinded The incidents happened earlier this month at night, causing some...

Abandoned Goods, What Happens When Cargo Goes Unclaimed?

Cargo abandonment occurs when cargo interests fail to collect the cargo or the take the delivery order, most commonly at the port of discharge. The reasons behind abandonment of cargo may vary, for example,...

Freighter Developed Heavy List After Losing Stability

General cargo ship lost stability, developed heavy starboard side list, and rested on pier at Kanonerskiy island harbor, Russia, reports Maritime Bulletin. What happened? General cargo ship lost stability, developed heavy starboard side list, and...