European Banks Struggle to Solve Toxic Shipping Debt Problem
Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long slump in the shipping industry. But it is not an easy time for...
Remote Attacker Can Hack Through Your Ships VSAT
Large shipping vessels and aircraft are often equipped with VSAT systems, allowing crewmembers to send and receive messages and access the Internet during voyages. Turns out, some of these VSAT systems are profoundly insecure,...
Container Ship Collides with Tug in Channel
On July 19, a Container ship reportedly collided with a tug, when passing through the English Channel.
What happened?
The tug ‘MTS Viscount’ collided was towing the pipes located in the English Channel when the Container...
Container Ship’s Captain Killed Himself Onboard – Inquest Report
In an unfortunate turn of events, a sea captain reportedly committed suicide onboard a ship when the ship was proceeding towards New York City.
What happened?
The 59 year old Captain from Poland, was found dead...
The City that Makes the Most Expensive Boats in the World
Wandering along the beach in Italy's Viareggio you could be forgiven for thinking it's simply a holiday resort.
Yet the umbrella-lined, sandy beaches dotted with tourists mask another role, one at the heart of the...
Norway Gets One Step Closer to Autonomous Cargo Ships
Operating a cargo ship obviously costs a lot of money as most require north of 25 crew members and thousands of gallons of fuel. With high transportation costs and environmental damage as the incentive,...
First Ship with IMO Tier III EIAPP Certified Wärtsilä Engines is Launched
On July 12, the L’Astrolabe, a 72 metre polar logistics vessel fitted with a complete Wärtsilä propulsion machinery package and Wärtsilä NOR (NOx Reducer) SCR (Selective Catalytic Reduction) exhaust gas cleaning systems for all...
Cargo Ship Sank in Bohai Sea Near Oil Platforms
A cargo ship reportedly sank near an oil platform after being wrecked by rough weather.
What happened?
The cargo ship named ‘Fugang 1’ reportedly sank near an oil platform in the Bohai Sea, after being caught...
Atlantic Panamaxes Set for Strong Q3 on High Grains Demand
Panamaxes in the Atlantic are looking at a strong third quarter to 2017 amid firm demand for grains in the Far East.
The long tail of the Brazilian grain season boosts demand
Grain exporters...
Maersk Closer of First Gas in North Sea; 60.000/90.000bpd Expected
Maersk Oil said on Friday that it had reached another key milestone ahead of first gas from its flagship North Sea Culzean field. All three platform jackets for the £3.3billion project have now been...