Tug Got Pinned to Freighter’s Bulbous Bow
On Dec 21, around 9 a.m. the general cargo ship "BBC Kibo" collided with a tug when entering Porto Alegro, Brazil.
The disabled tug tried hard to start the engine and failed hence got...
Maritime Industry’s Nightmare Security Scenario
Cyber Penetration Tests Underscore Maritime Industry's Nightmare Security Scenario
Naval Dome has demonstrated the maritime industry’s nightmare security scenario with a series of cyber penetration tests on systems in common use aboard tankers, containerships, super...
Ferry Capsize with 251 on Board
A ferry with 251 people on board capsized in rough seas off the Philippines on Thursday (Dec 21), with reports of an unspecified number of casualties, the coastguard said.
Rescuers have retrieved four bodies from...
Asia Dry Bulk-Capesize Rates to Fall
Freight rates dip in Asian routes as the holiday season kick in.
Ease of congestion in the Australia-China route have added to the problem.
Capesize rates are likely to go down along major asian...
Portugal’s Galp Offers LNG Ship Refueling Off Islands
A Portuguese company has reportedly offered LNG ship refueling off islands and mainland.
The Galp Energy, Portugal based company has planned to expand its marine fuel offer by supplying low emission LNG for vessel and...
Not Your Grandma’s Cruise Ship Anymore
This is not your grandma’s cruise anymore.
The cruising industry is at the cusp of a technological revolution that, for the most part, spells good news for consumers. In the next five years, the new...
Proper Cylinder Oil Blending On-board for Greek Shipowners
Greek shipping remains a powerhouse, boasting the world’s largest fleet with some 4,585 ships (over 1,000 grt) representing 342.75 million dwt. Like the rest of the world’s shipowners, Greek ships have had to comply...
Cheap as Ships: Second-hand Ship Sales Reach 10-year High
Sales of second-hand ships reached a 10-year high on cautious optimism that one of the shipping industry’s worst ever downturns is nearing an end.
An increase in cargo demand has helped revive confidence this year...
Global Shipping’s $231 Billion CAPEX Needs
The global newbuild ship orderbook has fallen to a historical low of 10% but the global shipping industry’s US$231 Billion CAPEX requirements remain enormous and far exceeds the combined US$191 Billion market capitalisation of all the world’s listed shipping...
ABB Adds 20 Years’ Service Life to Icebreakers
The modernization of CCGS Pierre Radisson has been successfully completed in an upgrade program that will ultimately cover 10 ships in the Canadian Coast Guard fleet.
ABB has successfully concluded the first modernization on a...