Grain-bearing Cargo Ship Breaks Free from Moorings
On May 21, A cargo vessel loaded with grain that broke loose from its moorings has been secured by the United States Coast Guard.
What happened?
The vessel broke loose around mile marker 117 in...
Cocaine Found in Engine Room Aboard Bulk Carrier
The Colombian police have reportedly found 87 kilos of cocaine hidden in the closed compartment onboard a bulk carrier.
What happened?
The secret stash was found on the bulk carrier Nord Manzallino at Barranquilla, Colombia,...
VLCC Rates to Fall Further in Well-supplied Market
Freight rates for very large crude carriers (VLCCs) are set to slide further next week, falling below tanker break even costs on routes from the Middle East, as too many ships chase too few...
Global Economy is in Sync
With the first-quarter earnings season coming to a close, the verdict is in on the synchronized global expansion: It’s alive and well.
A picture of strong earnings growth and positive surprises has emerged across both...
Baltic Exchange Outlines its Growth Plans
The London-based Baltic Exchange has bold growth plans in the wake of its acquisition by the Singapore Exchange (SGX) last year.
Among other things, the maritime information provider plans to introduce more freight market benchmarks...
DNV GL Certification for Energy and Safety Management
Columbia Shipmanagement receives DNV GL certification for energy and safety management
DNV GL has confirmed that Columbia Shipmanagement complies with the highest standards in energy and safety management. Torsten Schramm, President at DNV GL –...
MOL to Launch Sales of Redesigned, Refined PBCF
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that its group company MOL Techno-Trade, Ltd. (President: Shugo Aoto; Headquarters: Chuo-ku, Tokyo) will start selling an upgraded version of its energy-saving Propeller...
[Watch] US Welcomes Largest Cargo Ship to Ever Visit Ports
The largest cargo ship ever to visit ports on the US East Coast arrived earlier this month at the Port of Savanna.
The COSCO Development is so long the Statue of Liberty and Washington Monument...
LNG Bunkering Set to Fuel a Favourable Future in Asia
The liquefied natural gas (LNG) bunkering market in Asia is gearing up for growth in the next two to three years. This is largely due to the implementation of stricter environmental regulations across the...
Wilhelmsen Drone Delivery Takes Wings
Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency essentials via drone.
A much talked about technology, with obvious applications for...