2017 to be a Down Year for Owners of all Tanker Classes
2017 to be a down year for owners of all tanker classes says McQuilling Services
McQuilling Services is pleased to announce the release of its 20th Anniversary Edition 2017-2021 Tanker Market Outlook. This 200-page report...
The Alliance Shuffle and Consolidation: Implications for Shippers
By Steve Saxon
Over many years, container lines have formed and re-formed alliances and gradually consolidated through mergers. Over the past year, however, they have not only reshuffled these alliances on a larger scale than...
Dry Bulk: Panamax Grain Rates Supported Strong Pre-holiday Demand
Freight rates for front-haul grain voyages from the Atlantic are rising on strong demand ahead of the Chinese New Year holidays and in anticipation of the new soybean crop in Brazil.
The 60,000 mt grain...
Container Ship Lost Power at Approach to Kiel Canal
On Jan 27, a container ship "Freya", coming from Helsingborg suffered engine trouble while approaching the locks of the Kiel Canal in Kiel-Holtenau.
The vessel was en route from Helsingborg to Hamburg, but the...
Misjudgment Caused First Ever Ship Collision
On January 28, two ships carrying LPG and high speed diesel collided near Chennai, India. An Investigation into the first-ever incident of such nature on the south-east coast began.
A day after the fuel tank...
Leaky Fresh Water Manifold Valve Spilled Fuel Overboard While Bunkering
Summary
While loading fuel in port, a Platform Supply Vessel reportedly had a fuel spill. Upon discovering the spill, the job was immediately stopped and clean up actions was initiated. During the morning the vessel's...
Iran’s Ship-refuelling Future Looks Bright
Iran says bunkering (refuelling of ships) in Iranian ports is 5-7 US dollar cheaper than the same service in UAE’s Fujairah port.
"About 17 shipping companies are sailing to Iranian ports in Persian Gulf and...
China Ready for a War with US?
China ‘steps up preparedness for possible military conflict with US’
Donald Trump’s election as US president has increased the risk of hostilities breaking out, according to Chinese state media and analysts
China is stepping up preparedness...
Crew Injured in Cargo Ship Fall Off Queensland
Two crew members have fallen 14 metres on a cargo ship off Queensland, leaving one fighting for life and the other with spinal injuries.
Both men were flown to Rockhampton Base Hospital after they fell...
Mystery Willapa Harbor Shipwreck Poses a Puzzle to Researchers
She comes and she goes, but when she appears, the remnants of a long ago Willapa Harbor shipwreck on the beach at North Cove never fails to fascinate and draw hundreds of visitors to...