Countdown to the Next Dilution

By Short Only Summary DryShips' 4th quarter was bad, but there were no surprises. The company's future plans are problematic because it will be in another cash shortage soon. The CEO continues his self-dealing, to the...

Collapsing Orders for New Ships Set to Hasten Market Rebalancing

Investors’ confidence in market prospects dramatically weakened last year, resulting in orders for new ships in the main sectors completely collapsing.  Fading optimism about future investment returns, and a more widely held belief that...

Improving Demand to Ease Oversupply in Dry Bulk Shipping

With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk Forecaster, published by global...

World’s Great Bucket List Cargo Ship Travel Experience Extended

Bucket list experience lives on as ship to remote St Helena gets a 1yr reprieve - but you'll need 3 weeks One of the world's great bucket list travel experiences is getting a year-long reprieve...

[Watch] Overseas Experts Fly in to Fight Ship Blaze

Specialist hazardous cargo fire experts have been flown in from London and Austria to assist with extinguishing the fire aboard a container ship docked at the Port of Ngqura.  The fire is active but...

Ship CO2 Emissions Check with Emissions Trading System

MEPs backed reforms of the EU emissions trading system (ETS) that will, for the first time anywhere, regulate international ship CO2 emissions as well as significantly tighten the cap on aviation emissions.  Transport &...

Does Your Ship Store Lubricants in the Steering Gear Room?

We have seen this for decades now where steering gear room has been a sweet spot to store lubricants.  There are two important points to consider: Are the fire fighting systems & protection adequate...

Life Jacket Inspection Fails! 2,000 Royal Caribbean Passengers Stranded

Over 2,000 passengers who thought they'd be sailing to the Bahamas this week were unexpectedly delayed at the port after a Royal Caribbean cruise ship failed an annual Coast Guard safety inspection on Monday. What...

Viswa Lab’s VEEMS Certified by VERIFAVIA

Viswa Energy Efficiency Management System (VEEMS) hardware and software package has been approved by the independent MRV accrediting agency Verifavia, to meet the requirements of data collection, storage, and presentation as per EU requirements....

Cargo Ship with 23 Crew Catches Fire

A cargo ship with 23 Chinese members on board reportedly caught fire in Vietnam. What happened? A cargo ship whose nationality is Panama caught fire while docking at Cai Lan port in Vietnam's northern Quang Ninh...