Bulk Carrier Adrift After Engine Failure

Since August 30, a bulk carrier has reportedly been adrift at sea following an engine failure. What happened? The bulk carrier ‘Panormitis AV’ remains adrift in the north of Sabang Island, Banda Aceh, Sumatra in the...

TMS Tankers Selects Coldharbour Marine’s BWTS

UK-based Coldharbour Marine, a manufacturer of ballast water treatment systems based on unique inert gas technology, has reached an agreement with Greece’s TMS Tankers to retrofit its GLD™ BWT System. TMS Tankers is a...

Container Shipping Market May Register Single Digit CAGR

Containers are used to transport objects from one place to another. Unlike conventional shipping, container shipping uses containers of various standard sizes—20 foot (6.09 m), 40 foot (12.18 m), 45 foot (13.7 m), 48...

Cheap Oil and Costly Fuel are Harvey Windfall for Asia

The shutdown of almost a quarter of US crude refining capacity in the wake of Hurricane Harvey is presenting a rare opportunity for fuel traders in Asia. A spike in American gasoline prices as the...

Excess Tonnage Supply Hurting Tanker Owners

Tanker owners left and right have been conceding this week, that it’s not demand, but an oversupply of ships, which have been hurting their earnings. According to Frontline, “the growth in crude tanker tonne-mile...

Could Shipowners Depart the UK After Brexit?

The Brexit vote has stirred many emotions, plenty of head scratching, and that which is feared most of all by business: uncertainty. That is true for a whole host of sectors and UK maritime...

Safety in the Crowded Seaways

In commenting on past collisions at sea, it has often been noted that they are extremely rare. Unfortunately for the U.S. Navy, that has not been the case this year. So far there have...

[Watch] Constructing the Nordic Region’s Largest LNG Receiving Terminal

In Tornio, Northern Finland, Wärtsilä is constructing the largest LNG receiving terminal in the Nordic region. When in commercial operation in mid-2018, the terminal will supply gas to a local stainless steel mill, and...

Wärtsilä – Mechanical Completion at the Tornio Manga

The technology group Wärtsilä has successfully reached an important milestone in the engineering, procurement and construction (EPC) contract of the Tornio Manga LNG terminal in Northern Finland. The mechanical completion of the terminal was...

SOx Scrubber Provides Reliability

Ship owners could see greater reliability and compliance with their exhaust cleaning service using Alfa Laval PureSOx scrubbers. According to Dutch ship owner Spliethoff, which has twenty vessels fitted with Alfa Laval PureSOx U-design scrubbers,...