Sheep Ship Involved in Horror Middle East Voyage Banned
An export vessel transporting live sheep has been banned from operating until further investigation.
What happened?
The live export vessel was reportedly involved in a disastrous voyage to the Middle East and has been banned temporarily...
[Watch] The World’s Biggest Cruise Ship is Meant for Thrill Seekers
The Harmony of the Seas is the Royal Caribbean's newest ship.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please...
Ship Repairs and Maintenance Costs to Rise
According to a survey conducted by shipping consultant Moore Stephens the vessel operating costs are expected to rise through 2017 and 2018.
Maintenance charges to increase:
The charges for vessel repairs and maintenance are expected to...
Brexit’s Hard Now? Wait Until Trade Comes Up
Brexit negotiators may still be deadlocked over phase 1 of their divorce, but both sides are already positioning themselves for the next clash — trade talks.
Heartened by commitment from EU leaders attending last week’s...
Aerial Drones Take Flight in Maritime
By Jonathan Atkin
Price Waterhouse Cooper estimates the global commercial drone market at $127 billion. Shipyards, offshore wind-farm developers, cruise lines, blue water cargo agencies, maritime marketing departments, first responders, admiralty lawyers, shore-to-ship package couriers,...
Time to Phase Out Heavy Fuel Oil in the Arctic
On Nov. 28, 2004, the Malaysian flagged cargo vessel Selendang Ayu departed the Port of Seattle on a voyage to Xiamen, China, carrying a cargo of soybeans. Following the North Pacific Great Circle Route,...
Maritime Credit Insight
Shipping bonds issuance momentum continues - October 2017
by Drewry
A growing number of shipping companies have taken advantage of the low interest rate environment and tapped the debt capital markets. This comes at a time...
VLGC Market Dipped in Average Third Quarter Earnings
The Executive Committee of EXMAR NV reports its third quarter results 2017.
Highlights of recent developments are:
Sale of BELGIBO (insurance brokerage) to Jardine Lloyd Thompson end of August for approximately USD 25.0 million in...
Reduced Margins of Operational Safety Grounded an Ultra-large Container Vessel
Summary
In the early hours of the morning on 22 August 2016, the 399m long ultra-large container vessel CMA CGM Vasco de Gama grounded on the western side of the Thorn Channel whilst approaching the...
New Maritime Safety Rules Sail to EU
New legislation to simplify and improve passenger ship safety rules were adopted by the European Council on October 23.
“The adoption of these new safety rules is an important deliverable in our EU maritime year,”...