The Baltic Dry Index declined four-straight sessions this week, with the shipping metric now at 957 points, firmly below 1000 points with little expectation of making up ground in the short-term as shipping demand...

The ro/pax ferry Mutiara Sentosa 1 suffered a serious fire on Friday evening during a transit of the waters of the Masalembo, the Southeast Asian equivalent of the Bermuda Triangle. Indonesian SAR agency Basarnas...

ABB strengthens its decision support software suite with certified MRV module The latest development will enable customers to monitor their emissions according to the EU’s Monitoring Reporting and Verification (MRV) regulation requirements, which come into...

The 21,413 teu OOCL HONG KONG, delivered last week by Samsung Heavy Industries, has taken the crown for the largest containership ever built, based on advertised nominal container intake. A total of 54 units...

Tanker owners are in for rough seas over the course of 2017, as rates aren’t bound for a recovery anytime soon, at least according to one of them. Teekay Tankers noted in its analysis...

Video shows the moment the ferry, named Kydon, slammed into the pier and several containers at the Don Diego terminal. Amazingly no injuries were reported. Disclaimer: This video is intended for informational purpose only.  This...

A drone developed to improve maritime safety has earned an innovation award for a partnership comprising AkzoNobel’s Marine Coatings Business, the supplier of International® coatings. The Plimsoll Award for Innovation, awarded by Professional Mariner...

Brazilian iron ore producer Vale is facing up to a new challenge as hull cracks were found on a third converted very large ore carrier (VLOC) ship it has on charter and the viability...

Shipowners have taken several strategic approaches to comply with the planned International Maritime Organization (IMO) regulation on capping marine fuel sulphur content to 0.1pc from 3.5pc, commencing in January 2020. Argus spoke with Euronav's...

A small strip of land at Milwaukee’s port has become a point of controversy now that an energy company wants to ship ethanol from there. U.S. Oil, a terminal operator, marketer and distributor of fuels...