According to a Reuters report, companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a...

A recent article published in Gard website, briefs about a member’s undeclared excess bunker fuel that lead to the vessel being held at a Turkish port. Undeclared excess bunker fuel  Norwegian maritime insurance company Gard published...

Japanese new ship export orders rose by 12.5 % in June this year on tonnage basis compared to the previous month, says an article published in Steel Orbis. New ship export orders  According to Japan Ship...

MV Kaami, a general cargo vessel salvaged six miles off the northwest coast of Skye, Scotland after running aground in March, has been dismantled and recycled in Kishorn. Built in 1994, the 89.8-meter vessel, owned...

Scientists have got a clue to the mysterious phenomenon beneath the sea’s surface. The strange phenomenon called 'dead water' invisibly slows a ship’s progress. It was first observed in 1893 by Norwegian explorer...

The Safety and Shipping Review 2020 identify loss trends in the maritime sector. AGCS is an annual report which contains shipping loss and incident statistics from the past 10 years. The sector saw...

Cosco Shipping has announced that GP’s first bulk carrier N806 has completed sea trials. The early stages of the pandemic in China impacted the construction of the ship. The application process for inspection...

A recently published news report in Reuters reveals that a Bangladeshi woman whose husband died while dismantling an oil tanker at a ship-breaking yard in 2018 can file a negligence claim against a British company...

The once mighty international tourism industry is among the worst hit of the Covid-19 pandemic. The world’s largest cruise group is selling bonds to international investors in both euros and U.S. dollars, according...

At least seven boats have caught fire at a shipyard in the port of Bushehr in southern Iran, state media report. The head of the local crisis management organisation told Irna news agency...