Mechanical Failure! Bulk Carrier Drifts!
Bulk carrier suffered mechanical failure in Mediterranean south of Rhodes island, Greece, and started to drift, reports Maritime Bulletin.
What happened?
Bulk carrier ORMI loaded with cargo of soybeans suffered mechanical failure on Jan 21 in...
US Transpacific Imports from Asia Decline for the First Time
Chinese transpacific container shipments to the US declined by over 1m teu in 2019.
Total volumes from Asia to the US fell 2.5%, as surging volumes out of other Asian countries failed to...
European LSFO Competing With Singapore Crude Amidst LSSR Price Rise
Algeria's LSFO finds increased demand as part of the 0.5% marine fuel blending pool.
Crude factors have gone from $7.40/b premium on January 2 and a discount of $1.40/b on January 22, 2019.
...
Shipping Giants Explore How Big Data Can Make CBM A Reality
Shippers are opting for condition-based maintenance strategies.
They can help shipowners predict and tackle issues before they result in failures and downtime.
Kawasaki’s Integrated Maritime Solution has been installed on 170 ships and...
Shipper-owned Containers Keen To Bring Flexibility in Shipping
Shippers have the choice of opting for carrier-owned containers or shipper-owned containers.
COCs are opted for standard shipments on stretches with a high volume of cargo flow.
SOCs are preferred by shippers when...
Chinese State Shipbuilding Corporation Bags Major LNG Contract!
According to an article published in Seatrade-Maritime News, CSSC Hudong-Zhonghua Shipbuilding announced it has inked a contract with Petronas for the construction of two LNG carriers.
Designed for coastal areas
The two 79,900 cu m LNG...
Global Economy Looks Promising Now, Says ABB CEO
ABB Chief Executive Peter Voser said the Swiss engineering company was more positive about the global economy than it was six months ago, reports Reuters.
He added that the economy was seeing a recovery in...
Global Shipping Companies Under Container Capacity Crunch
2M alliance partners Maersk and MSC have advised their North European customers of five void Asia sailings in March, and the members of the Ocean and THE alliances are expected to confirm a similar...
Kamsarmax Disabled After Engine Room Fire!
Fire disabled a UK-flagged kamsarmax in the early morning hours of January 24 off the Gulf of Aden, reports Splash247.
The fire was contained to the engine room of the BW Acorn, and was put...
Coronavirus Scare Sends Ports on Scanning Spree
World's Port Authorities are on the lookout for Coronavirus cases, reports the Maritime Executive.
Coronavirus outbreak
The new coronavirus outbreak originating in Wuhan, China has implications for seafarers, according to the U.S. Maritime Administration.
The novel and...