New Shipping Fund Buys First Container Ships
The Maritime Investment Fund, a new shipping fund, and an arm of Navigare Capital Partners, expands it fleets by acquiring three container ships, according to a report by Shipping watch. This is the first...
Belgium Granted Maritime Tax Extension
The aim of the scheme, which was approved under EU state aid rules, is to encourage shipping companies to register their ships in Europe to ensure higher social, environmental and safety standards.
Belgium has also...
New General Agency Agreement Aims to Reduce Shipping Disputes
A new draft standard general agency agreement, covering a comprehensive list of functions contracted between shipowners and operators and ship agency firms, has been launched.
Created by the international shipping association, BIMCO, and FONASBA, the...
Ferry Runs Aground at Calais Port
A ferry reportedly allided with a bridge located at port after it was caught in the stormy weather and ran adrift on a sandbank when it tried to leave.
What happened?
The ferry ‘Pride of Kent’...
Coaster Beached to Avoid Sinking, Costa Rica
On December 8, a coaster intentionally beached trying to avoid sinking in the Caribbean coast of Costa Rica.
What happened?
The Panama flagged coaster ‘Yicel’ intentionally ran aground to avoid sinking on a beach located 40...
General Cargo Ship Sank in Indonesian Waters Update
On December 8, a general cargo vessel reportedly sank in Indonesian waters and the vessel was loaded with cargo when the incident occurred.
What happened?
The cargo vessel ‘Keneukai’ reportedly sank in the Bandjarmasin anchorage, Barito...
Two Fatalities After Finnish Vessel Capsizes
On December 10, two maritime pilots tragically lost their lives after their vessel capsized and sank at Sea.
What happened?
A Finnpilot Pilotage vessel ‘L242’ reportedly capsized and sank near Emäsalo island in Finland claiming the...
Hydrodynamic Interaction Forces Results in Collision
Summary
On 24 June 2017 at about 0735, the tug Arafura Sea Delta collided with the general cargo ship Thorco Crystal about 2 NM west of Humbug Point Wharf, Weipa, Queensland. Arafura Sea Delta was one...
[Watch] Wreckage of Vessel That Fired First American Shot in WWII
The infamous U.S.S. Ward fired at a Japanese submarine an hour before the attack on Pearl Harbor.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item...
What are People’s Biggest Cruise Fears?
Everyone loves the smell of the Ocean, the feeling of wind in the hair combined with access to open bars and various fun activities. You can experience all this onboard a cruise ship but...