Guess Who is the Fastest Growing National Ship Register in the World!
Recent changes to the law introduced by the Danish government increased the amount of merchant shipping registered under the national flag by almost 25 percent in the passt 12 months, reports CPH Post.
Also, these...
Will Things Change After the Houston Bunker Fuel Fiasco?
A few weeks back I had written about wildebeest in the Serengeti park and how this scenario was akin to all the ship operators waiting and watching and not knowing what to do with...
Sale and Purchase Market Report
Secondhand
Tankers:
Southport Atlantic reported the Toisa fleet of “UNITED KALAVRYTA”(159,156 dwt, Built Hyundai 2005) at US$ 17.75 million; the buyer is now reported to be AvinOil; this follows Avin’s earlier purchase of the Aframaxes “UNITED JOURNEY” (112,723 dwt, Built...
Tanker Hulls for Dutch VEKA Shipbuilding
Open4Business reports that the Smart Maritime Group (SMG) of Smart-Holding has started implementing its contract to build two chemical tanker hulls, under an order of Dutch VEKA Shipbuilding WT B.V.
The press service of...
Action Platform for Sustainable Ocean Business
Recently, the UN Global Compact Action Forum has published a report on sustainable ocean business. The report provides a thorough guidance on the matter of environment friendly sea trade. Here we are indulging on...
Shares of Small Japanese Shipping Firms Jump up
As the North Korean Leader Kim Jong Un met the US President Donald Trump last week to discuss many an issue, Japanese shipping firms are hoping for a new change in the business ties...
[Watch] Ship Runs Aground, Nearly Hits Duluth Break Wall
On June 17, a freighter ran aground and nearly collided with city’s break wall.
What happened?
The 1,004-foot freighter ‘M/V American Spirit’ when it ran aground nearly hit Duluth's break wall on Sunday. The vessel grounded...
Canadian Ship Fire to Burn for Days in NSW
On June 18, a Canadian freight ship that was docked in the New South Wales port caught fire and the firefighters are fighting hard to contain the fire.
What happened?
The freight ship ‘Iron Chieftain’ was...
Large Cargo Ship Sinking in Croatian Adriatic
On Sunday morning, June 17, 2018, a major maritime incident occurred near the island of Jabuka on the Croatian side of the Adriatic Sea when the Turkish cargo ship Haksa sank.
Water...
Ballast Must Now be Comprehensively Planned and Embraced
The IMO’s Marine Environmental Protection Committee (MEPC) has reinforced regulations requiring all ships to install ballast water management systems (BWMS).
With discussions at the IMO’s Marine Environmental Protection Committee’s 72nd session (MEPC 72) has...