IMO: Guidelines for Consistent Implementation of Sulphur Cap
The IMO Intersessional Working Group meeting of July 2018 has started to develop a set of guidelines on the consistent implementation of regulation 14.1.3 of MARPOL Annex VI for the use by administrations, port...
Seawater Lubricated Propeller Shaft Bearings Guaranteed for Life
To date, the COMPAC bearing has been offered with a 15-year wear life guarantee, but Thordon recently announced at the SMM 2018 trade show in Hamburg, Germany, that the company will now offer its...
Blockchain Trials Designed to Create an e-BL from IBM
On 4th October, Pacific International Lines , a Singapore-based shipping company announced its collaboration with multinational information technology giant, IBM .
Purpose of the collaboration
The partnership is aimed at improving the process of documentation in...
[Watch] Shipwreck Exploration in Lake Erie
Underwater archaeologists explore what's believed to be the Lake Serpent, the oldest discovered shipwreck in Lake Erie.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item...
12 IACS Recommendations for Cyber Resilient Ships
Recently, the IACS has published around 9 (nine) of its 12 (twelve) recommendations on cyber safety with the aim of enabling the delivery of cyber resilient ships whose resilience can be maintained throughout their...
Breakbulk: Call it a Comeback
As more vessels are scrapped and new ships are launched, industry analysts are forecasting a long overdue rebound in the breakbulk sector, says an editor in an article.
Global economy and Breakbulk shipping
As rates for...
Trade War Threatens Outlook for Global Shipping, Warns New Report
As the volumes across all segments is set to grow in 2018, shipping face a trade war uncertainty
Owing to the improved demand-supply balance, the average annual growth rate will be 3.8% of...
Bahri Highlights Growing Presence in U.S. at Breakbulk Americas 2018
On October 4, In an effort to strengthen its presence in the Americas markets, co - Bahri, a world leader in the field of transport and logistics, participated in the largest exhibition of goods...
Genco Acquires Fuel Efficient Capesize and Ultramax Vessels
In September 2018, the Genco Shipping & Trading Limited has taken delivery of the Genco Defender and the Genco Liberty, two 2016-built 180,000 dwt Capesize vessels, as well as the Genco Columbia, a 2016-built...
Customers to Pay Up as Container Lines Seek Better Returns
Container Shipping is in oversupply since 2008 and has an operating margin of 3-4%.
Shipping rates are no longer below the cost capital as the customer-pay system takes charge to compensate for the...