Chemical Tanker Stops Pirate Attack
A chemical tanker has been successful in thwarting a pirate attack carried out by suspected Somali pirates.
What happened?
The chemical tanker ‘MT Leopard Sun’ was located nearly 160 nautical miles off the central coast of...
Fire in the Galley Aboard a Container Vessel
On February 25, a fire reportedly broke out in the galley of a vessel on the Danube and the crew members were having a hard time bringing it under control.
What happened?
The vessel ‘Rossini’ was...
Salvage of Damaged Lock Gate may Take Time
The lock gates of Kiel-Holtenau which was reportedly demolished after a cargo vessel rammed into its gates is likely to take weeks to be repaired.
What happened?
Last week it was reported that the lock gates...
Giant Oil Ships From the U.S. to Cut Time, Money and Traders
Crude closed at a three-week high as booming stock markets stoked optimism about economic growth that drives energy demand.
Crude futures rose 0.6 percent in New York on Monday. Blue-chip stocks reached a level not...
Refiners Tease Plans for 2020 0.5% Sulfur Bunker Fuels
As the shipping and bunker industries await the new 0.5% global marine fuel sulfur limit in less than two years, this week refiners have started to reveal some of their plans on fuel choices...
[Watch] Jumbo in Action on a Project
Earlier this year Jumbo completed their project for the Arkona offshore wind farm (E.ON and Statoil).
The entire project involves the construction of a 385MW offshore wind farm in the German Baltic Sea.
Van Oord...
Stern Lines Entangle the Propeller of Bulker Resulting in Deadly Accident While Docking
Propeller of Vessel A
Summary:
During its service to help the cargo ship SWIFTNES dock at Tomakomai Port, Tomakomai city, Hokkaido, work boat Fuji Maru, with a coxswain and a workman on board, the mooring ropes...
Overboard: Balancing Supply and Demand in Global Maritime Trade
Ross Davies reports a stark gap between supply and demand of vessels which continue to hurt the operators. The ever increasing gap between the oversupply of vessels and its low demand might lead to...
Steamship Opts for Dutch Hub
British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in case Britain loses single market access.
Balance of trade
Britain dominates the...
Panama Seeks to Grow Ship Finance with New Law
After many years in the pipeline, Panama has passed legislation for ship financing, the first of its kind for the country.
The Law 50 of 28 June 2017 entered into force on 29 December 2017...