No Piracy Off Somalia Coast From 2012
The Coast of Somalia, a piracy hot spot, has remained calm for the past three years from 2012. With the pirate activity coming down, there is a great sigh of relief to the consumers...
World Maritime Day Theme Chosen For 2016
IMO Council, at its 28th Extraordinary Session at IMO Headquarters in London, has endorsed a proposal by Secretary-General Koji Sekimizu to adopt “Shipping: indispensable to the world” as the World Maritime Day theme for...
How Long Should you Wait for a Panama Canal Transit?
The wait time to pass through the Panama Canal was more than 10 days last month due to a large number of vessels coming from the U.S. Gulf Coast and larger tankers trying to...
A.P. Møller-Mærsk Issues Eurobonds
A.P. Møller-Mærsk made the most of cheap financing, issuing its first Eurobonds in three years. The Danish shipping giant issued Eurobonds worth EUR600m due in November 2022 with a coupon of 1.5%.
The transaction is...
Cruise Vessels Powered By ABB’s Azipod Propulsion
Electrical power plants and Azipod® XO fuel-saving electric propulsion systems will be supplied for Carnival Corporation´s two new cruise vessels by ABB, the leading power and automation technology group, for a repeat order worth...
Eco Wave Power Installs Generation Systems In Gibraltar
Eco Wave Power (EWP), an Israeli company, has developed a unique form of electricity generation using wave power. The EWP system utilises existing land structures as the attachment point which simplifies the installation and...
Drones Replace Ropes in Oil Tank Inspection
Vehicle inspection of a cargo oil tank is tough. It is usually conducted by rope access technicians who are suspended on ropes to inspect the tank structure, focusing on areas of high stress such...
Profitability of Container Shipping Hinges on Low Cost Bunker Fuel
Bunker prices take a nosedive and the profit curve of containers looks North. The continuous steep fall of bunker prices saved a lot of money for container shipping lines. Drewry Maritime Research, has analysed...
[USCG Alert] Main Engine May Not Attain The Expected Speed When Using ULSFO.
Main Engine May Not Attain The Expected Speed When Using ULSFO.
The US Coast Guard has revised its list of recommendations regarding MARPOL Annex VI emission regulations related to the use of Ultra Low...
The Russian Bunker Fuel Saga Continues.
Last Month, Viswa Lab had published a technical update on Problem Fuels Supplied in Russian Ports. In order to update MFAME readers on this case, we have approached Viswa Lab to know more about...