Suez & The Panama Canal – Next In Line To Get Affected!
The ongoing crisis in the container shipping industry will next affect the Panama and Suez canals.
As we have been hearing about the crisis in shipping industry it has started affecting its tributaries. First in...
What In The World Could Have Caused The Ship’s Crew To Clean Purifiers Every...
The vessel bunkered RMG 380 grade fuel at Vlissingen - Netherlands. The regular full spec analysis indicated the density to be off-spec which was marginally higher than 991 Kg/m3.
The newly bunkered fuel was put...
What Does It Cost To Store Oil At Sea?
Low oil prices have been a boom in the tanker industry. The shipping industry has witnessed a sea change where the dry bulk shipowners have queued up their vessels at the scrapyards. The container...
“Contango & Backwardation” – Terms To know In The Current Shipping Market!
Many of us invest to multiply money. Such investments are diversified and it includes but not limited to investing in a property, investing in a commodity like gold or stocks/shares. Thus, after several years,...
Saade Talks On Future CMA CGM Alliances
Recent reports states that the French liner CMA CGM was prepared to create a mega-alliance with a recently merged Cosco and CSCL (COSCOCS), Hong Kong-based OOCL and the Taiwanese Evergreen, that is anticipated to...
Listed Ro Ro Vessel Erected
The roro vessel that listed in the Bay of Biscay and taken to the port of Bilbao, has been righted.
The Panama-flagged, 10,000 dwt vessel was under way from Gabon to Le Havre with...
What Is Verified Gross Mass? Container Weighing At A Glance
Effective from 1st July 2016, with the SOLAS (Safety of Life at Sea) amendment covering container weighing regulations, a packed container will no longer be allowed to be loaded on board vessels unless its...
Inspector; Crew Set Fatal Fire On Scandinavian Star
A chain of fire incidence broke out killing about 160 people in the ferry Scandinavian Star, during a regular run from Oslo to Frederikshavn, on 7th April, 1990. The cause of fire has not...
1200 “Total Losses” In 10 Years
Insurance companies claim that the sea engulfed a total of 1,271 ships between 2005-2014.
The German insurance group Allianz has recorded the following figures in its annual report.
Overall incidents for the years 2005-2014
Total incidents
24,545
Total losses
1,271
Sunken...
[Watch] The Tow Train Being Crushed By A Vessel
Check out the video featuring a container ship being pulled by the tow train or mule. Accidentally, the ship crushes the tow train. Fortunately, all the workers are reported to be safe.
Disclaimer :...