Navy Cruiser Ran Aground, Leaked Oil into Tokyo Bay
A U.S. missile cruiser ran aground and damaged its propellers in its home port of Yokosuka, near Tokyo, the Navy said Tuesday.
The USS Antietam, a Ticonderoga-class ship, was anchoring in Tokyo Bay when the...
International Judge Hails ‘Arrest’ of Nigerian Ship
United Nations International Tribunal for the Law of the Sea judge, Anthony Lucky, has hailed the decision of our local court to arrest the Nigerian ship, MT Tumini, in favour of the five Guyanese...
Pirates Face Push Back on the High Seas
Pirates still roam the seas, but their numbers are at an 18-year-low, according to a new report from the International Maritime Bureau (IMB).
The report recorded 191 incidences of piracy or armed robbery on...
Treasure Hunter to Raise British Warship Potentially Laden with Gold Worth £1bn
An Argentine treasure hunter aims to raise a British warship which sank off the coast of Uruguay more than 250 years ago, in hopes of uncovering its cargo – thought to be a mountain...
Pilot’s Improper Flanking a Bend Resulted in Collision
The National Transportation Safety Board has issued a Marine Accident Brief regarding the collision of Crimson Gem Tow with Bulk Carrier Yangtze Ambition docked at the bottom of a river bend.
Specifically, on January 28,...
Learning to Escape Sinking Ship at Gwangnaru Safety Experience Center
Learning to escape sinking ship at Gwangnaru Safety Experience Center
The call went out: “Abandon ship! Abandon ship!”
As sirens wailed and speakers gave orders for all passengers to go up on deck after the stranded...
Deliveries of Crude Tankers Set for Peak Quarter
Deliveries of crude tankers set for peak quarter, but fleet growth headwinds to remain through to mid‐2018 says shipbroker
Newbuilding deliveries are set to spike this quarter across each of the crude tanker size classes,...
Ship Operator Files for Bankruptcy
Shipping company Toisa Ltd filed for U.S. Chapter 11 bankruptcy as falling demand for the Bermuda-chartered company's oil-and-gas supply vessels left it running short of cash, according to court documents.
Toisa, owned by Greek shipping...
3 Things DryShips Inc. Has to Prove in 2017
DryShips has a lot to prove as it hopes to turn the corner from a disastrous 2016. The dry bulk shipper spent all last year focused on staying afloat, which led it to sell assets...
The Obscure World of Ocean Freight Pricing
By Katherine Barrios
Most people don’t really care how much it costs to send a container on a ship from A to B. Why should you, really, right? Things just arrive and you get what you...