EU to Finance New Baltic-Black Sea Transport Corridor

The European Union will finance a Go Highway project together with Ukraine, establishing a new transport corridor on the Silk Road. The announcement was made by the Ukrainian Infrastructure Minister Volodymyr Omelyan after his meeting...

Pitch Propeller Thought to Have Triggered Accident

Since Feb 20, the "Akacia" was berthed inside the damaged lock of the Kiel-Canal in Kiel-Holtenau at 3.30 p.m. along with the tug "Wolf", which had managed to pull it out of the gate...

Grounded Cargo Ship Salvaged After Almost Three Weeks

On February 3, a cargo vessel was reportedly grounded off Zhuwei Fishing Harbor, Taoyuan and caused oil pollution. What happened? The cargo vessel ‘Hang Yu 11’ run aground off Zhuwei Fishing Harbor, Taoyuan was finally freed...

System Can Predict Container Breakdowns

Researchers in Denmark claim to have developed a system that can identify problems with a refrigerated container before they break down. The transportation of perishable goods around the world requires refrigeration containers that can maintain...

Cargo Vessel Rescued in Kylerhea Narrows

On February 18, a cargo vessel stricken sans its steering power was reportedly rescued from Kylerhea straits. What happened? Emergency calls were raised by the 1,200-tonne cargo vessel ‘CEG Universe’ after it was disabled due to...

Use BWMS More to Improve Reliability, Says USCG

In its latest policy letter, the US Coast Guard (USCG) has urged ship owners to use ballast water management systems (BWMS) more often. Policy letter The agency issued its latest guidance on inoperable systems in a...

Scrubbers’ Hidden Benefit

Under MARPOL Annex VI, the IMO has so far regulated NOx and SOx and also through the EEDI rules some effort to control CO2 is also in hand. All of the regulations around these...

Self-Closing Valve Ruptures Mud Hose

Summary: A vessel was discharging Oil Based Mud while alongside in Port. Prior to operations, a tool box talk was held and all necessary precautions were taken as per company Risk Assessment and NLS Discharge Operations...

Shell Time Charters Two Pioneering LNG-Powered Tankers from SCF Group

Russian state-owned shipping company SCF Group has signed time charter agreements with a unit of Royal Dutch Shell for the charter of two of the world’s first LNG-powered oil tankers. The signed agreements mark the...

Tanker Shipping: Markets Under Massive Pressure from Low Demand Growth

Overview The future of oil demand and subsequently of tanker demand is very much policy driven. It has been so in the past to some extent, but in coming years this will be more apparent. Demand BIMCO...