Bank of Cyprus’s chief executive officer John Hourican said that as the largest Cypriot lender was about to engage in financing of Cypriot and Greek shipping, roughly 17 per cent of global tonnage, it...

Pacific Ocean dry bulk trades are starting to push the freight market to new heights recently, offsetting part of the limited activity in the Atlantic market.  According to the latest weekly report from shipbroker...

Oil traders from around the world, including the United States, Britain and Brazil, have tripled their sales to Asia as they take advantage of an emerging supply gap following OPEC-led production cuts announced late...

Eight Indians drowned mid-sea close to Sharjah port in Dubai, chief engineer Vimlesh Sheravat and captain Rahul Salunkhe had a narrow escape from the gigantic waves. For more information, please visit here Disclaimer: This video...

After three grueling days traversing the frozen surface of Lake Baikal – the world’s deepest – on bicycles and ice-skates, only two thirds of the entrants in Russia’s Ice Storm race made it to...

Harbour tugs are likely to be one of the first vessel classes to become autonomous as it improves safety and lowers operating costs by removing the crew.  Wärtsilä vice president for commercial operations Mike...

ABB’s OCTOPUS marine software will improve the safety and efficiency of four new semi-submersible heavy lift vessels, using weather and loading data to plot the optimal route.   The ships, owned by Greenland Heavylift Holdings,...

An IMO workshop is training Malaysia’s maritime educators to introduce the topic of energy-efficient ship operation into their teaching curriculums.  The workshop, taking place in Kuala Lumpur (20-21 February), was developed under IMO’s GloMEEP...

The Frenchman intended to sail eastwards towards the New Siberian Islands and then let his 47 feet big ship Arktika-2 drift with the ice. While drifting, Elkam was to make it to the North...

A ro-ro ship broke away from its moorings due to strong winds and heavy storm. What happened? The ro-ro cargo ship Grande Senegal broke moorings at Gibraltar harbour under the strong wind and heavy storm. The vessel...