A Sustainable Maritime Industry in a 2°C Scenario
Ships are cheapest and most convenient mode of trade yet it causes pollution.
With a global carbon emission rate of 2.5% and the ongoing potential of 50% growth of this industry, the situation...
South Korea to Assist in 200 Ship Orders
The South Korean government has decided to assist its local shipping firms in placing orders for 200 ships by 2020, including 140 bulk carriers and 60 containerships.
Increase its fleets
On April 5, the South Korean...
Ship’s Anchor Ripping Up Pipeline Likely Oil Spill Cause
A vessel that anchored off the coast of Indonesia was found to have caused an oil spill that claimed the life of five fishermen.
What happened?
The vessel loaded with coal had dropped anchor off the...
[Watch] Safety Concerns for Electric Ships – Is the Industry Doing Enough?
By Grant Brown, Vice President, Marketing, PBES
The growing numbers in hybrid or fully electric ships navigating waters worldwide has increased concerns about their onboard power supply requirements, reports Marine log.
Although some estimate that all...
Shipping Industry Braces for Chinese Trade War
The shipping industry might lose a lot in a potential trade war between the US and China. Millions of jobs and the bottom lines of major maritime shipping companies, which account for 80% of...
Orders Newbuild MR Tanker Trio at GSI
A report published in the marine log says, that the Copenhagen headquartered tanker owner Torm has exercised options for the construction of three MR newbuildings at China's Guangzhou Shipyard International (GSI). These newbuild vessels has...
Shipping Rate Rises Pose a Risk to Trade
The International Maritime Organization (IMO) has finally gave in to pressure and has announced to change ship pollution regulation, after 30 years of collective outrage. The new policies for the marine industry which will...
Diana Shipping Time Charters With SwissMarine
Diana Shipping Inc, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A.,...
Seven Hapag-Lloyd Vessels Benefit from MacGregor
MacGregor, part of Cargotec, is upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels. A contract for four vessels was signed in December 2017 and...
Rapid Cargo and Control Monitoring System Repair by PSM
The chemical tanker MT Caspia, developed some problems in its original tank radar transmitters as the contractors found out a transmission failure during a routine machinery control and monitoring system upgrade on board the...