Scorpio Bulkers Ultramax Vessel Sale Deal

Scorpio Bulkers Inc. enters into a sale agreement for an Ultramax Vessel, says a press release published on their website. The sale deal Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced today that the Company has...

Cosco Shipping Launches New VAX Service

Cosco Shipping's DIAMOND LINE GMBH launches VAX (Vado Express) Service, says an article published in their website. About the new service DIAMOND LINE GMBH announced the launch of a new service between Vado Ligure and Cosco's...

Carriers Holding Upper Hand Riding High on Spot Rates

According to a Loadstar article written by Gavin van Marle, container shipping spot rates on the main deepsea east-west trades this week maintained the historic highs seen in recent weeks. Carriers Upper Hand Today’s Shanghai Containerised...

New Organ Discovered in the Human Body

You may think we’ve learned everything there is to know about human spit, but it turns out the well has not gone dry as scientists have found a new organ in your throat, says...

AI-based Collision Avoidance System To Evade Vessel Collisions

The oceans consist of 71% of the earth’s surface, so one would think they would be big enough to enable ships to avoid each other. Unfortunately, that’s not the case. Not a week...

Stowaways Detained from Oil Tanker by Special Forces in UK

British special forces stormed a Greek-operated oil tanker in the English channel on Sunday to wrestle control of the vessel from seven stowaways. The stowaways had threatened the crew in a suspected hijacking. ...

Cargo Ship Contacts Embankment

Cargo ship contacted embankment and containers fell overboard, Hong Kong, reports Maritime Bulletin. What happened? Cargo ship KAM SHUN 338 with cargo of containers ran onto Stonecutters Island embankment, Hong Kong, early in the morning Oct...

Demand Ahead for Vaccine Transport by Reefer Container Shipping

Buoyant reefer trades could provide an opening for niche players to challenge the major container lines. Refrigerated markets have proved more resilient to the pandemic and economic downturn than other cargo types, according...

Ro-ro Cargo Ship Sank After a Distress Call

Passenger ro-ro cargo ship issued a distress signal after getting caught in rough weather in Taiwan Strait, reports Maritime Bulletin.  What happened? Passenger ro-ro cargo ship SEATRAN FERRY 12 (ex- OLIVE MARU NO.8) got caught in...

NYK Bulk Carrier Rescues Distressed Sailors

NYK group dry bulk carrier rescues Sailors off the coast of Indonesia, reports Seanews. Distressed sailors rescued Six sailors in distress off the east coast of Kalimantan Island, Indonesia were rescued on Oct 18 by Sagar...