DMAIB releases its final report on the Drodgen channel collision
The Danish Maritime Accident Investigation Board ( DMAIB) is an independent investigating body. It investigates maritime accidents with an aim of learning about accidents in order to prevent future accidents. They primarily carry out...
south korea leads in securing ship building orders
The Korean based South Korean Shipbuilders, owned by the Hyundai Heavy Industries Co. have taken the lead by procuring the maximum shipbuilding orders worldwide in the first half of 2015.While world over, ship building...
PVI weekly report – June 2015
Protection Vessels International (PVI) is a maritime security company, specialised in providing security teams and escort vessels for merchant ships transiting high risk areas of the world’s oceans. The following are the incidents released...
Stock Market Manipulation being probed by Chinese Regulator
China’s securities regulator has initiated an investigation to crack down on stock-market manipulation and insider trading after a slump of around 30 per cent in Chinese stocks since mid-June.China's securities regulator will inquire the...
CO2 emissions poses threat to Marine ecosystems
Scientists have warned that rising CO2 levels has altered the chemistry of the waters and are disrupting the natural balance of marine life. Oceans are becoming warmer, losing oxygen and leading to ocean acidification.Twenty-two...
Mastercard Testing Facial Recognition for Making Payments
Mastercard is testing a smartphone app that uses facial recognition to verify online purchases. This test is a part of the company’s grand vision to retreat from static passwords for online payments to biometric...
[Watch] What are Motor-Rotor Sailing Ships?
https://youtu.be/W1AoPzXeMKwShort sea trade will soon see the introduction of new generation motor rotor sailing ships. 5 partners are cooperating to implement a lightweight design of a wind sail system with aerodynamic rotors for small...
Ardmore Seafox Joins Ardmore Fleet.
Ardmore Shipping Corporation announced the delivery of its newly built vessel, the Ardmore Seafox, by SPP Shipbuilding Co., Ltd from the Sacheon shipyard in Korea.The Ardmore Seafox is a 49,999 DWT IMO 3 product...
Shell to Explore Oil In Arctic
Oil and gas major Shell will start oil rigging in the Arctic in the next two weeks.
Thirty ships have been deployed initially from the Dutch Harbor in Alaska to support two exploratory wells.
Shell has...
Iran Claims Progress in the Nuclear Talks
Iran’s Foreign Minister has claimed its progress in the nuclear talks with the United States. This statement was released through a specially made Youtube video.US Secretary of State John Kerry said there is still...