UN Reports Seafarers Held Hostage by Pirates
UN report: 5 Kenyans, 39 seafarers held hostage by Somali pirates
The pirate gangs in Somalia are alleged to be holding five Kenyans for ransom. This report was issued by United Nations Secretary-General Ban Ki-moon...
China Focuses on Robust Enforcement of Clean Marine Fuels
October 1st is China’s National Day, but this year it also marked an important day for controlling shipping pollution: Shenzhen, the world’s third biggest container port, started early enforcement of China’s national Domestic Emission...
Oil Tanker Rates Jump to a Four-month High Before OPEC Deal
Oil tanker rates jumped to a four-month high as traders booked the most cargoes for the time of year on record, offering signs that Middle East producers could be adding barrels to the market...
LPG Shipping – Valuations Uncompelling Despite Price Correction
Strong supply growth because of high vessel deliveries scheduled in FY16/FY17 will continue to keep the LPG shipping market in imbalance. On the demand side, with lower price of LPG in Asia, the propane...
Ship Operating Costs Fell for the Fourth Time
Fourth successive year of decline in operating costs
The findings are set out in OpCost 2016 (www.opcostonline.com), Moore Stephens’ unique ship operating costs benchmarking tool, which reveals that that total operating costs for the tanker,...
Bosun Overboard! No Buoyancy Vest and Corroded Safety Harness Killed
Summary
On 2 July 2015, the container ship Madinah was preparing for arrival at the port of Lyttelton. Part of those preparations involved the bosun (deck crew foreman) and a deck trainee rigging the port-side...
Efforts on to Avert an Environmental Disaster!
Rescue crews have removed more than 88,000 litres of diesel from a sunken tug on British Columbia's central coast in the newest effort to avert an environmental disaster near the Great Bear Rainforest.
On late...
Sexual Assault! Aboard a Cruise Ship
A cruise ship has come under the radar again after a woman staff was sexually assaulted on board by her ex-lover. The incident is reported to have occurred after party.
The ex-lover who is also...
Shipwrecked ‘Titanic 2′ Could Become Divers’ Paradise Theme Park
A sunken First World War ship dubbed “Titanic 2” could become a divers’ theme park to generate revenue for cash-strapped Greece.
For 100 years, the sister vessel of the infamous Titanic has lain in a...
[Watch] Couple Rescued from Sinking $600,000 Boat
VOLUNTEER Marine Rescue Hervey Bay was called to help after a 13 metre power cat worth about $600,000 ran aground.
It is believed a low tide carried the vessel on to a seabed after...