[Watch] Gas Leak on Cargo Ship Leaves One Dead, Three Fighting for Lives
A crew member of a Vietnamese cargo vessel was killed, while three others hospitalised after inhaling toxic fumes following a gas leak in the ship’s rice storage room.
The injured trio were rushed to...
Emerging Grain-related Project Cargoes
By Lori Musser
Grain might feed the world, but it has always been a predominantly bulk business and hasn’t fed into the global breakbulk and project cargo industries in big way.
That might be changing, as...
3 Shipping Containers Loaded with Cars Knocked Off Deck
Three shipping containers loaded with automobiles and kitchen supplies wound up in the waters of Newark Bay on Sunday when they were knocked off the deck of a ship by a crane operator.
What happened?
The...
New Guidance on Minimising Risk From Ro-Ro Fires
North P&I Club Publishes New Guidance On Minimising Risk From Ro-Ro Fires
North P&I Club has published a new loss prevention briefing on how to prevent, detect and fight fires on roll-on-roll-off (ro-ro) vessels and...
Container Ship Carrying Hazardous Cargo on Fire in Algoa Bay
Efforts are underway to extinguish a fire in the hold of a Liberian-flagged container ship carrying hazardous cargo, which is currently docked at the Port of Ngqura.
What happened?
On Sunday, a fire was reported in...
Australia and Indonesia Battle to Save WWII Shipwreck HMAS Perth from Salvagers
Australia and Indonesia will conduct a joint dive of the World War II shipwreck HMAS Perth off the coast of Java next month amid fears the vessel, which is believed to hold the remains...
Rough Road Ahead as Hanjin Liquidates
On Friday, the curtains were officially closed on Hanjin Shipping, once regarded as the nation’s largest and world’s seventh-largest shipping line.
What happened?
After five months under court receivership, Seoul’s bankruptcy court has finally decided to...
Strained Shippers Eyeing Mergers
A bid by Bermudian-based Frontline Ltd to acquire an independent crude oil tanker company less than half its size, is part of consolidation pressure across the sector.
And while the non-binding proposal has been rejected...
Could Dry Bulk Newbuilding Orders Pick up as Prices Reach New Lows?
For almost 18 months now, dry bulk newbuilding contracting has been something of a rarity. The huge tonnage supply overhung, coupled with the dire straits of the dry bulk freight market, has meant that...
50 Tankers Idle In Singapore, UAE Ports
Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut daily earnings to as little as...