Tankers in Excess Supply But Trade Growth Set to Drive Demand
Excess supply of tankers is currently adding to the downward pressure on the freight rates but the demand is strong enough as it is fueled by an economic upswing and rise in global trade,...
[Watch] Sex Addiction: ‘Five Times a Day Wasn’t Enough’
Sex addiction divides expert opinion, but for some people it is a very real condition that can be shameful and even "life-destroying". As relationship charity Relate calls for help to be made available on...
US Refiners Geared Up for the Shift in Bunker Supply
With new marine fuel sulphur regulations about 1.5 years away, US refiners have geared up for the shift in ship fuel supply, reports ICIS.
IMO compliance
By 1 January 2020, all marine traffic must use fuel...
[Watch] Boxship Hit Ferries
The "Santos Express", collided with 3 local ferries at the Gaurtuja Terminal while entering Santos port on May 6, 2018, at 8.22 p.m. The box ship diverted out of the fairway, passing dangerously close...
VHF Conversation Failure! Bridge Teams Conflicting Plans Resulted in Collision
Summary
On 1st July 2017, two Hong Kong registered vessels, the bulk carrier Huayang Endeavour and the oil tanker Seafrontier, collided in the Dover Strait approximately 5 nautical miles to the west of Sandettie Bank....
Manpower Shortage in Hong Kong Shipping Industry Highlighted
At the Hong Kong Shipowners Association Joint Luncheon and Awards Ceremony, the issue of manpower shortage in the Hong Kong maritime industry was highlighted by director of marine Maisie Cheng.
Lack of manpower
He highlighted that...
Joint Effort Averts Grounding of Ship
A three day strenuous operation carried out to prevent an oil tanker from running aground has been completed successfully.
What happened?
The operation was flagged off on May 4, after a tow rope linking a...
Vistula Maersk Named Danish Ship of the Year
The ice-class vessel ‘Vistula Maersk’ has been named the Danish Ship of the Year 2018 by Maritime Denmark Media Group.
Ice-class vessel features
The Vistula Maersk, first in the series of Seago Line’s new ice-class vessels...
Container Ship Damaged Ferries in Santos
On May 6, a container ship allided with three ferries that were docked at a terminal pier in Santos port.
What happened?
The container ship ‘Santos Express’ was diverted out of the fairway while entering the...
Weekly Vessel Scrapping Report
As a credit manager, the last thing you want to discover when chasing an invoice is that the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk...