Stop Skipping Waste Deliveries! Polluter Pays Say European Parliament
The Transport Committee of the European Parliament adopted today the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur to start negotiations with the Council to finalise the text...
[Watch] Fuel Spill After Two Cargo Ships Collide in Mediterranean Sea
Two cargo ships collided in the Mediterranean Sea, north of Corsica, France. One ship pierced a hole in the hull of the other which caused a fuel spill that spread at least 12.5 miles....
[Watch] Cruise Ship Being Battered by Rough Waters
Passengers on board the Royal Caribbean's Empress of the Seas ship filmed the destructive force of Hurricane Michael on Monday night.
Footage showed the cruise ship being tossed around by strong seas and winds, reports...
Shipping Industry Stares Down New Fuel Restrictions
The shipping industry comprises of multitudes of cargo ships, tankers, container ships, and cruise liners that belch noxious sulfuric gases and fine particles that drift over cities and cover them with smog.
IMO regulations
However, the...
ENSCO & Rowan Merge to Make $8.38 bn MODU Fleet
The firms ENSCO and Rowan have completed a merger to develop a total fleet valuing worth USD 8.4 Billion.
Ensco claims top spot
This acquisition makes Ensco the largest MODU owner by value, with a total fleet...
Value of Vessels Predicted with Tankers Favoured as an Investment
The online site, VesselsValue has released its analysis of worthwhile investments in the tanker market which provides promising overall investment.
As most large crude tankers still have significant upside remaining based on an analysis of...
It’s a Pressure-vacuum Valve (P/V Valve)
A valve which keeps the tank over pressure or under pressure within approved, limits. P/V valve provides for the flow of the small volumes of vapour, air or inert gas mixtures caused by thermal...
Japanese Shipbuilding Orders Double
Japan Ship Exporters Association data released recently showed, Japanese shipbuilders first year-on-year rise since May. They received export orders for a total 1.53 million gross tons across 21 vessels in August, up 100.2% year...
Baltic Dry Index is Down to 1,530 Points
On 8 October 2018, the Baltic Dry Index fell to 1,530 points, down 6 points (-0.39%) versus the level of October 5.
BDI is a number issued daily by the London-based Baltic Exchange. Not restricted...
Ships Sold for Scrap October 2018
Alang
Alsadd Imo 8405050 Loa 56x22m Built 1984 Ahts....Beached 1/10/18
SKS Torrens Imo 9161273 Loa 243x42m Built 1999 Obo Carrier #
Levant Suez Imo 7805370 Loa 134x25m Built 1979 Cement Carrier #
Koroni Imo...