Scrubbers releases soot, un-burnt oil and metals 920,000 tons of sulfur and 90,000 tons of soot from the air to water Princess Slug deposits at port Officials avoid disclosure of the incident The...

Star Bulk Carriers Corp. has entered a definitive agreement with E.R. Capital Holding GmbH & Cie. The global shipping company focusing on the transportation of dry bulk cargoes, will acquire three (3) firm operating...

Lloyd's of London, the centuries-old insurance marketplace, is quietly providing cover against the theft of cryptocurrencies. Announced Tuesday, Kingdom Trust, a qualified custodian of some 30 cryptocurrencies and tokens, is enhancing its safe-keeping services with...

Summertime is the time for business for most luxurious superyachts  as all of them will throng the harbors of the Dalmatian Coast, French Riviera and Amalfi Coast. In times like these, you would want...

On average, ten “solid bulk cargo” carriers have been lost at sea each year in the last decade. Cargo contents Solid bulk cargoes – defined as granular materials loaded directly into a ship’s hold – can...

Verifavia, a leading emissions verification company for the transport sector (aviation and shipping), has urged ship owners and operators to submit their data collection plans to verifiers by the recommended IMO deadline of September...

On August 29, Indian navy assisted a Norwegian ship in distress, stuck in piracy infested waters of the Gulf of Aden. What happened? The Indian Navy helped a Norwegian ship manned by an all Indian crew,...

 A viral video is doing rounds on the social network shows a ferry ship carrying hundreds of tourists burst into flames. What happened? The Greek ship ‘Eleftherios Venizelos’ carrying hundreds of tourists burst into flames forcing...

DNV GL business development manager, Ole Vidar Nilsen makes the case for auxiliary engines on all future small tanker newbuilding projects. Joint Industry Project (JIP) DNV GL has initiated a joint industry project (JIP) to better...

IMO’s 0.5% sulfur cap will cost the maritime industry around $40 billion. As of now 66% of shipowners are opting for LSFO and 13% for scrubbers, 8% for LNG. Simple refineries are losing...