Ship Dragged Anchor & Drifted Aground

Passenger ship decommissioned for dismantling dragged anchor and drifted aground on a beach in Alvarado municipality waters, Gulf of Mexico, reports Maritime Bulletin.  What happened? The passenger ship ENCHANTED CAPRI (ex- Soviet cruise ship Azerbaijan), decommissioned...

Freighter Loaded With Grain Runs Aground

Turkish general cargo ship with cargo of millet ran aground on Nov 3 in Azov – Don Sea Canal, reports Maritime Bulletin.  What happened? General cargo ship SEMA ran aground at around 0345 UTC Nov 3...

Singapore Reaches Bunkering Milestone With MFM Verification

Singapore entered a bunkering milestone witnessing its first bunker tanker undergoing a mass flow meter (MFM) verification operation via Master Meter. The commercial operation was carried out on the Patrizia Cosulich, a 7,014...

Hafnia Enters Tech Deal To Trial Coal Waste-Derived Marine Fuel

Arq Fuel™ will support Hafnia in meeting IMO 2020 targets, improving their environmental footprint and reducing fuel costs. Arq and Oslo listed Hafnia have agreed to work together to accredit and introduce Arq Fuel™...

Cosco Spot Rates Stronger in Q4 Amid Surge in Earnings

Leading Chinese investment bank CICC has forecast Cosco Shipping Holdings will earn another Yuan2.5bn in Q4 after posting a net profit of Yuan2.7bn in Q3. Chinese investment bank CICC said that the results...

China Pulls Brakes on Ant Group’s $37Billion IPO

Ant Group’s US$37 billion listing has been suspended in both Shanghai and the Hong Kong Special Administrative Region (HKSAR) two days before what was set to be the world’s largest-ever stock market debut. ...

Ningbo Containerised Freight Index

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange: The weekly Ningbo Containerised Freight Index...

BIMCO Updates Liquid Cargo Database With “IBC Code 2021”

BIMCO has updated the liquid cargo database to reflect amendments to IBC Code and MARPOL Annex II Regulations, says a press release published on their website. Liquid cargo database update BIMCO’s liquid cargo database has been...

ICS Sets Baseline for Diversity & Inclusion Targets

ICS establishes an extensive diversity report examining shipping companies and ship-owners around the world. Report finds 7.5% of seafarers are female, 30% of companies employ women and at least 3 languages are spoken...

[Answer] Why Gas-powered Ships Like LNG Ships Are So Crucial?

Britain is on verge of making gas-powered ships and ferries despite the huge cost involved in it. This brings us to the crucial question of why gas-powered ships like LNG ships are so crucial....