Bulk Carrier Suffers Engine Failure
A bulk carrier has reportedly suffered an engine failure in Kalmar Strait off Oskarshamn, Sweden. The vessel was en route from Rotterdam to Oskarshamn, but at the approach to the port of destination the...
New Shipping Routes for 2017 Unveiled by ‘The Alliance’
THE Alliance announces plans for its competitive product
Container sharing partnership ‘The Alliance’ has planned to offer plans and service offerings for 2017 with 31 routes covering East-West trade lanes.
31 services covering all East West...
MOL Presents Long-Service Awards, Hosts Family Day for Filipino Seafarers
MOL Presents Long-Service Awards, Hosts Family Day for Filipino Seafarers - Appreciation for Contributions of Seafarers and Support by Their Families -
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that its...
Shipping Industry Reels in Shock from Donald Trump Election
The election of Donald Trump is sending shock waves across the world and the shipping industry, which fears the anti trade rhetoric that took center stage during the campaign, will further hurt ship operators...
Shock, Joy and Fear! Reactions of Maritime Industry
Trump’s Victory raised new uncertainties for shipping firms, which are already struggling through the weakest market in memory. Here is the summary of some mixed reactions from the industry.
OPEC Deal Becomes More Urgent, Harder...
$1 million in Gold Coins from 1715 Shipwreck on the Market
A New Orleans investment firm has begun marketing gold coins from a 300-year-old shipwreck discovered off Florida’s coast.
Blanchard and Co., is one of two dealers offering the coins from an area where eleven treasure-laden...
Ship Carrying Hazardous Waste Sent Back to Romania
Ship carrying hazardous waste ordered to return to its place of origin
The Hong Kong shipping authorities have ordered a shipping company to return 123 containers of hazardous mining waste to Romania – its port...
Increase Maintenance to Prevent Engine Room Fires, Warns Braemar
Increase maintenance to prevent engine room fires, warns Braemar (Incorporating The Salvage Association)
BraemarSA has warned that a lack of maintenance has led to a significant increase in engine room fires according to its latest...
Unpaid Freight – A Claim in Debt or a Claim in Damages?
by Chris Metcalf
In the recent case of D'Amico Shipping Italia SPA v Endofa DMCC & Anor (2016), the Commercial Court looked at the issue of when freight is payable as a debt.
The case involved...
Creation of ‘Winners and Losers’ in the Bunker Market
Even if, in theory, globally there is refining capacity to produce sufficient fuels to meet the 0.50% sulphur cap in 2020, if you take a more detailed look the picture is very different.
In fact,...