Does Solar Power have the Capacity to Burn Dry Bulk Shipping Industry?
Overview
Dry bulk shippers specialize in transporting cargos, typically commodities, such as iron ore, coal, grain and other materials around the world. Companies with exposure to dry bulk include Diana Shipping, Inc., Eagle Bulk, Genco...
Rickmers Maritime Scraps Second Ship in Two Months
Rickmers Maritime has sold its second container ship for scrap in as many months as the financially troubled Singapore-based charter ship manager struggles to pay off its debts.
Container lines and shipowners have been increasing...
Beware of Negative Factors Pressuring the Tanker Market in February
Tanker owner Euronav cites encouraging start for the first quarter of 2017, but warns of negative factors pressuring the tanker market in February
Euronav NV reported its non-audited financial results for the three months ended...
Targeting a 30% Improvement in Fuel Efficiency for Marine Vessels
The ETI has published a new report which highlights affordable measures and technologies that could be taken to reduce the fuel consumption and carbon emissions from shipping.
For more information, please visit here
Disclaimer: This video...
Digitisation of Maersk Line with Riverbed Technology
Maersk Line has signed a five-year contract with Riverbed Technology to monitor business-critical applications and services. The container ship operator intends to use the applications to troubleshoot performance bottlenecks across the company. This will...
Draft EU Ship Recycling List Leads to More Questions than Answers
Lines were drawn clearly at the fourth Ship Recycling Congress on 25-26 January in London. Whilst the Danish Shipowners’ Association continues to argue that the European List of approved recycling facilities should be used...
IMarEST Opens Office in China as Membership Grows
The Institute of Marine Engineering, Science and Technology (IMarEST), the world’s largest global marine and maritime professional body, has announced that it has opened an office in Shanghai, China.
Following a steady growth of members,...
A Better Approach to Ship Valuations
By J Mintzmyer
Summary
The following is an overview of the importance of proper valuation data in shipping investments, which includes an interview with the team at VesselsValue.com, an industry-leading data source.
This report includes a brief...
Marine Cargo Fire and Explosion – the Hidden Causes
By Neil Sanders
A small but significant number of marine cargo fire and explosion incidents are due to self-heating in some form. Selfheating can affect a surprising variety of cargoes including coal, iron in the...
Engine Disabled While Ballasting! Cargo Ship Disabled
General cargo vessel “AMP Crystal” suffered engine failure on the afternoon of January 22nd while ballasting in the Tsugaru Strait, en route from Kashima to Niigata.
The vessel was brought to anchor off Mutsu...