Tanker With Russian Gas for Boston Makes Mid-Atlantic U-Turn

LNG tanker Gaselys was scheduled to arrive in Boston by Saturday Vessel reversed course to Spain after almost 21 days en route Three weeks after picking up a controversial cargo in the U.K., a...

Bulk Carrier Rates Sink as Brazil’s Iron Ore Exports Wane

Rising inventories in China adds to the 60% price fall in the bulk carrier rates from mid-December. The Decline Charter rates for bulk carriers fall, as iron ore exports from Brazil were slow and inventories...

Shady Triangle: Southeast Asia’s Illegal Fuel Market

An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell’s biggest refinery,...

[Watch] ‘Noah’s Ark’ Crashes Into Other Ships in Dutch Harbor

In the beginning of 2018, the replica of Noah’s Ark reportedly crashed into multiple ships in a Dutch harbor due to strong winds. What happened? The ark replica reportedly broke away from its mooring in the...

550 Pounds of Cocaine Found on Cargo Ship Off Miami

Recently, 550 pounds of cocaine worth $6.25 million was reportedly seized from a cargo vessel by the U.S. Customs, from the Miami Port. What happened? The CBP officers during a routine inspection discovered the cocaine in bags,...

[Watch] Worker Knocked Out by Fermented Molasses in Cargo Ship

On January 18, a worker had a very close call when he was knocked down by fermented molasses which were present in the cargo hold. What happened? The Houston firefighters were called in after they...

[Watch] Who You Calling Ugly? New Ship is a Floating Swiss Army Knife

The USNS Herschel “Woody” Williams is neither fast nor heavily armed. And while she may look like a commercial cargo ship, the Navy's new vessel is also one of the most useful ships in the entire...

£1 Billion Investments Announced in the UK Shipping Sector

An excess investments worth £1 billion has been announced in the UK shipping sector. The investments are for the development new ships and port facilities. The new deal covers a range of national and...

Severe US Gulf Coast Weather Delays Tonnage, Pressures Freight

Extreme weather conditions prevails in the US Gulf Coast. This has affected the american tanker markets. Several industries like the refineries, petrochemical plants, steel plants have been affected. Pilot services on the US...

First Ever Cyber Enabled Container Ship Delivered

MV COSCO Shipping Aries, delivered to COSCOS, is the first ever container ship to receive LR’s Cyber-enabled ship (CES) descriptive note ‘Cyber AL3 SECURE PERFORM’ for its energy management system. The ship was built...