10 Unusual Cruise Ship Amenities
People have boatloads of sailing options these days. So, in order to make Cruises attractive and viable, the cruise owners employ various tactics. One of them is using outfit ships with the most bizzare...
The Economics of a 36 Year Old Containership
A small containership of 36 years of age which was operating for one of the world's biggest operators and competing with the mightiest containerships is what drove Seatrade Maritime columnist Michael Grey to ponder...
Norway to Supply Australia’s First Floating LNG Import Ship
New LNG regasification ship planned at Port Kembla
Imports LNG, regasifies and pumps it into pipelines
Capable of powering 2 million homes for a year
Expecting to be live by 2020 to industrial...
Maersk and IBM Introduce TradeLens Blockchain Shipping Solution
What is TradeLens?
The TradeLens is a venture jointly developed by the two companies to apply blockchain to the world’s global supply chain. TradeLens is the result of a collaboration agreement between Maersk and IBM,...
Tanker Report – Week 33
VLCC
Very little change as rates remained around WS 51/52 level. New Harvest fixed the New Naxos basis 270,000mt AG/China for end of August at WS 51, with talk of Eco Leader fixing WS 53...
Where are We Going with these Megaships?
The container vessel sizes have been on a steady rise and many carriers are competing to build large ships to accommodate more cargo.
What are the benefits?
Shippers are building large vessel as the benefits...
SHELL to Time Charter Dynamic Positioning AET Shuttle Tanker
The AET has formally announced its first contract with SHELL to time charter its new-build dynamic positioning (IMO Class 2) shuttle tanker (DPST) in Brazil.
What happened?
For the first time, AET has contracted Shell to...
Shell Ships ‘Slurry Oil’ in Unusual Arbitrage Move
In an unusual mover, Shell International Eastern Trading Company (SIETCO) has chartered a tanker to ship up to 80,000 tonnes of slurry oil from Singapore to Ruwais in the United Arab Emirates (UAE).
What happened?
On...
Maersk Warns on Impact of Trade War
Maersk shipping chief has announced that tariffs could slow global annual trade growth by 0.1 to 0.3 per cent, but in US it declined by 3 or 4 per cent.
US economy to be affected
According...
[Watch] Drone Footage of Shipwreck in Qawra
A vessel ran aground at Qawra as a result of the rough seas. The Hephaestus, a 60-metre Togo-registered tanker broke its moorings near the area known as Is-Sikka l-Bajda.
Disclaimer: This video is intended for...