$1 Billion of Deutsche Bank Shipping Loans are up for Grabs
Deutsche Bank to Sell $1 Billion of Shipping Debt to Boost Capital
Deutsche Bank is looking to sell at least $1 billion of shipping loans to reduce its exposure to a sector whose lenders face...
10 Safety Tips on the Water: The Do’s and Don’ts
Holiday weekends makes many people to come out and about on the water celebrating and enjoying time with friends and family.
Knowing how to stay safe and protect your loved ones while on the water...
Refugees on Cruise Ship Plan Called Off
On July 6, the Swedish Migration Agency announced that the plan to house refugees on a cruise ship to be docked in the harbor of the northern Swedish town of Härnösand was called off.
The...
$1 Million Fine for Illegal Dumping in Great Lakes
German Shipping Company Pleads Guilty to Covering Up Illegal Dumping of Oily Waste Water into Great Lakes
Owners of Cornelia are required to pay $1 million criminal sanction; $200,000 earmarked for protection of Lake Superior...
Plastic Waste Converted to a Low Sulphur Fuel, Can Substitute HFO!
Ricardo and Recycling Technologies have announced they are to begin work on a new project to characterise plastic waste derived clean fuel.
Recycling Technologies has developed a machine (the RT7000) and is industrialising a process...
Why is Venezuela Sending Fuel Oil Tankers into Tight Singapore Market?
Crisis-struck Venezuela is sending two supertankers filled with fuel oil across the oceans to Singapore, in what traders described as a surprise move that could help reduce a tight market.
Shipping data in Thomson Reuters...
[Watch] A Cruise Ship Passing Through the Canal
If you’ve never seen a ship pass through the Panama Canal, this is your chance. Videographer Jean-Phillippe Angers filmed the ship passing through.
Disclaimer: This video is intended for informational purpose only. This may not...
The Mighty Humble Piston & Recent Developments!
Diesel engines are nothing without a piston. Piston, a simple reciprocating component, which helps in compression and thus ignition and thereby transfer the combustion gas load onto the crankshaft to turn the propeller.
As the...
Will Maersk Swallow Hyundai Merchant Marine?
On June 23, HMM (Hyundai Merchant Marine) announced that they were negotiating to join the 2M (Maersk & MSC) after which many rumours are on the air about this take over.
Business Korea reports...
Hamburg Süd Named Top Ocean Carrier!
On June 16, AgTC (Agriculture Transportation Coalition), hosted an award ceremony in Long Beach, California, during the AgTC Annual Meeting dinner. This was supposedly the largest gathering of shippers in the US agricultural and...