New Largest US Container Ship Build Hides Facts
The Daniel K Inouye, a largest container ship ever built in the US, was constructed at the Philly Shipyard in Philadelphia. The new vessel is the first of four new state-of-the-art ships due to...
Is CEIBA the Future of Shipping?
Shani Meintjes is a young South African volunteering in Costa Rica on a project very close to her heart, a project aimed at decreasing the impact of the vastly polluting cargo shipping industry. You...
Baltic Exchange Shipping Insights
VLCC
Charterers have not been under pressure in the ME Gulf as they have been drip-feeding enquiry into the market and this has led to rates easing, with CNOOC able to fix 270,000mt to China...
Ship Finance to Sell Jack-up, Three VLCCs for $78M
Ship Finance International (SFL +0.3%) agrees to sell its Soehanah jack-up drilling rig to an unnamed buyer and three very large crude carriers to ADS Crude Carriers for a combined $77.6M.
SFL says the sales...
Multitasking in a Very Critical Time Resulted in Vessel Grounding
Summary
Commencing sea passage towards Khor Fakkan, the master gave the conn to the duty navigational OOW, accompanied by an AB as a look-out. The master left the bridge. Once the required documents had been...
ISO to Develop Standard for Methyl/Ethyl Alcohol Fuels
IMO takes stance on low flash point marine fuels.
ISO has been invited to draw up a fuel standard for methyl/ethyl alcohol fuels.
The move comes after CCC and IBIA stressed on the...
Competition Watchdogs and the Forces Shaping Shipping
The challenge for policymakers is to ensure that the benefits of lower costs and improved connectivity is passed on to the smaller shippers and ports, while also responding to concentrated markets so that players...
[Watch] Ten Missing After Cargo Ship Collision
Ten people are missing after two cargo vessels collided off China's east coast, near Shanghai, around Sunday midnight, according to Shanghai Maritime Search and Rescue Center. Search and rescue operations are still ongoing. CGTN’s...
Ten Missing After Vessel Sinks Off Shanghai
Ten people are missing after two cargo vessels collided with each other off China's east coast, near Shanghai around Sunday midnight, according to Shanghai Maritime Search and Rescue Center.
What happened?
The police received an alert...
Vaccum Residue Desulfurization Unit in Ulsan Ready
As IMO’s strict environmental regulations are making their head way in 2020, many oil refiners are getting ready. South Korea’s leading oil refiner, SK Innovation is one such company. The South Korean enterprise has...