Bunker Fuel Company Loses $1 Million to Email Scam
Kedah police chief Datuk Asri Yusoff said in the latest case, a 47-year-old owner of a bunker fuel company from Sungai Petani claimed he was cheated by a fake bunker fuel supply company and...
Ships’ Values Bound to Go Further Down Says Shipbroker
Ship values are expected to face more downward pressure moving forward, especially when it comes to older vessels. In its latest weekly report, shipbroker Intermodal noted that “the dry and the tanker shipping segments...
Shipping Losses Continue to Decline
Large shipping losses have declined by 50 per cent over the past decade, largely driven by development of a more robust safety environment by ship-owners, a report said.
There were 85 vessels reported as total...
Research Report on China’s Shipbuilding Industry, 2012-2021
In 2016, the international ship market was on a downtrend. Global trading volume of new ships declined by 67% YOY, and holding orders of global ship enterprises declined by 25% over 2015. Completion of...
[Watch] World’s Largest Cruise Ship Floated Out of Dry Dock
Royal Caribbean’s Symphony of the Seas, the largest cruise ship ever built at 230,000 tons, touched water for the first time last week when the ship was floated out of dry dock at the...
How Could the Navy Destroyer Collision Happen?
In a news that shook the world, Seven sailors aboard the destroyer USS Fitzgerald were killed, and other crew members injured, when the warship collided with a cargo vessel off Japan.
How did this happen?
The...
Tattoo Beware! Man Dies After Swimming with New Tattoo
A 31-year-old man reportedly died mysteriously after a tattoo job on his right leg. As tattoo artists will tell you, there are some critically important rules to follow in the hours and days after...
Qatar Petroleum Offers Fuel-oil Bunkering for All Vessels
Qatar Petroleum said in a statement that a “vessel-borne fueling facility is available for all vessels lifting any Qatari seaborne imports or exports” as of Monday.
Fuel oil for bunkering arrives:
Says first of several shipments...
Top 19% of the Most Expensive Vessels Account for 50% of the Global Fleet...
VesselsValue.com currently values the world fleet at $686,712 million.
A full 50% of that value, some $343,356 million, is contributed by just the top 19 percent of the world's most expensive vessels.
And the world's...
Cargo Ship Knocks Down Crane Docked at Port
A cargo ship reportedly collide with a crane which was docked at port while entering the port.
What happened?
The "BBC Wisconsin" allided with the quay in Vaasa on June 18, 2017, when entering port at...