Crew Members of Foreign Cargo Ship Detained After Oil Leak
Coast Guard officers in Keratsini late on Wednesday detained the captain and first engineer of the Marshall Islands-flagged cargo ship Ice Glacier after it leaked a small amount of oil into the sea during...
Cargo Dumped, Crew Imprisoned
The "Fu Yuan Yu Leng 999" has sailed from San Cristóbal on Sep 26, 2017, around 8 p.m. in order to drop about 300 tons of fish in the Pacific Ocean, after protected species,...
Shipping Risks Rise as Antarctic Ice Hits Record Low
Sea ice cover in Antarctica dropped to a record low this year, scientists said, as they warned the frozen continent’s unpredictable nature poses growing risks to shipping including tourist cruises.
Scientists from around the world...
Major Marine Firms Set Stage for Integration
China CSSC Holdings Ltd. and CSSC Offshore & Marine Engineering Company Ltd. both announced that their controlling shareholder, China State Shipbuilding Corp., is currently planning changes that might involve the reorganization of the company’s...
LNG Transfer Solution for Safer Operation
The Swedish coupling manufacturer and supplier MannTek has launched a liquefied natural gas small-scale transfer system that aims to make safer and easier operation across the LNG industry.
According to the company, the system is...
Half Marooned Ship with Damaged Instruments Anchored Off Barcelona
The "C-Star" has dropped anchor off the coast of Barcelona on Sep 27. She was half-marooned, with the navigational instruments damaged and the crew members, who survived thanks to humanitarian aid, asking to disembark...
Navios Maritime Partners: The $64,000 Question
By Tudor Invest Holdings
Summary
The increase in the BDI will translate into higher earnings.
Free cash flow has been established and is set to continue to increase.
Management needs to walk the walk and...
Crude Oil Carriers Market to Register Substantial Expansion by 2024
Transparency Market Research has released a new market report titled “Crude Oil Carriers Market – Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 – 2024.” According to this report, the global crude...
Capacity Concerns Cast Shadow Over Shipping Recovery
Supply and demand in container shipping will not reach a balance before 2019, analysts say, but there remains lingering concerns that the strict observance of fundamentals required to make this happen might be upset...
[Watch] Route of Greek Tanker Shown Before Sinking, Spilling Oil
An oil spill has prompted tricky questions for the Greek central government after tonnes of oil from a sunken tanker turned 40km of Athens' beaches black and prevented bathers and fishermen from using the coastal waters.
Greece's...