Managing Finances For Employees Working Abroad

Brightwell Payments, a leading maritime payments and technology company, announced the launch of the Brightwell Navigator Mobile App, providing commercial and cruise ship employees the ability to easily manage and move payroll funds directly...

Shipping 2030 Asia: The Innovation Imperative

By Danielle Hrin Kuek Key highlights Lack of global standardized regulations makes it expensive to innovate services and enjoy scalability. Building drones technically might be innovative, but they have no value to a service industry...

Weekly Vessel Valuations Report

Weekly Vessel Valuations Report, September 12 2017 Tanker: It has been a quiet week in the Tanker sector with values remaining stable. VLCC Nichinori (298,400 DWT, Nov 2002, Hitachi) sold SS Due for USD 21.0 mil, VV...

Which Sector Should We Invest in Drybulk Shipping, Kamsarmax?

By Eddie Youn Sentiment in dry sales & purchase market have been a bit improved recently and more dry bulkers physically has been under new ownership now, comparing last month. Most of all, kamsarmax newbuilding activities...

Five Sailors Missing After Ship Collision Off Singapore

On September 13, five sailors were reported missing after two ships collided with each other off Singapore waters. What happened? The Indonesian-registered tanker reportedly collided with a Dominican-registered dredger. A total of 12 crew members onboard...

138 Workers Evacuated from Burning Tanker

On September 9, 138 workers were rescued from a tanker which reportedly caught fire due a fault in the engine room. What happened? The tanker ‘Randgrid’ caught a fire which erupted from the tanker’s engine room....

Cargo Ship Runs Aground to Avoid Sinking

On September 12, an Inland cargo ship reportedly ran into trouble after running into rough seas. It reportedly ran aground when it was on the verge of sinking. What happened? The Inland cargo ship ‘Helena Cora’...

Korean Destroyer Rescues Cargo Ship, Crew and Passengers

On September 2, a Korean destroyer rescued a merchant ship which was drifting for the past three days due to a damaged fuel tank. What happened? UKMTO had informed the Combined Maritime Forces (CMF) Headquarters in...

‘Risk Ahoy’! A Game App to Promote Safety at Sea

A gaming app ‘Risk Ahoy’ was recently launched by UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community. The app has been has been launched to...

[Watch] Cargo Ship Travel! Amazing Adventure!

Watch the Container ship travel. Living on a container ship for 17 days. Amazing experience!   For more information, please visit here Disclaimer: This video is intended for informational purpose only. This may not be construed...