Aerial Drones Take Flight in Maritime
By Jonathan AtkinPrice Waterhouse Cooper estimates the global commercial drone market at $127 billion. Shipyards, offshore wind-farm developers, cruise lines, blue water cargo agencies, maritime marketing departments, first responders, admiralty lawyers, shore-to-ship package couriers,...
Time to Phase Out Heavy Fuel Oil in the Arctic
On Nov. 28, 2004, the Malaysian flagged cargo vessel Selendang Ayu departed the Port of Seattle on a voyage to Xiamen, China, carrying a cargo of soybeans. Following the North Pacific Great Circle Route,...
Maritime Credit Insight
Shipping bonds issuance momentum continues - October 2017
by DrewryA growing number of shipping companies have taken advantage of the low interest rate environment and tapped the debt capital markets. This comes at a time...
VLGC Market Dipped in Average Third Quarter Earnings
The Executive Committee of EXMAR NV reports its third quarter results 2017.
Highlights of recent developments are:Sale of BELGIBO (insurance brokerage) to Jardine Lloyd Thompson end of August for approximately USD 25.0 million in...
Reduced Margins of Operational Safety Grounded an Ultra-large Container Vessel
Summary
In the early hours of the morning on 22 August 2016, the 399m long ultra-large container vessel CMA CGM Vasco de Gama grounded on the western side of the Thorn Channel whilst approaching the...
New Maritime Safety Rules Sail to EU
New legislation to simplify and improve passenger ship safety rules were adopted by the European Council on October 23.“The adoption of these new safety rules is an important deliverable in our EU maritime year,”...
No Encapsulation! New Gas Valve Unit Increases Engine Efficiency
Shipowners and shipbuilders can increase engine efficiency, save energy and reduce costs with a new gas valve unit.Eltronic FuelTech’s Geminus is also engineered to enables easy accessibility and maintenance.Ryan Nielsen, director at Eltronic FuelTech,...
Where is the Container Shipping Industry Headed?
By Jason ChiangI was invited to speak at a panel on container shipping at the Bloomberg Intelligence Shipping Seminar. Rahul Kapoor, Asia Pacific Transportation Analyst, Bloomberg Intelligence fielded the following questions.Rahul: From billions of dollar...
[Watch] Brave Footage of ‘Water Tornado’ Heading Towards Their Ship
A massive 'water tornado' swirling above the sea was captured in dramatic footage by two brave sailors - as it headed straight towards their ship.Ewen MacKenzie, 37, and Barry Stevenson 31, were on board...
Fire Ants Found at Gwangyang Port
On October 26, around 100 tropical ants were discovered inside a container at Gwangyang Port, South Jeolla Province.
What happened?
The tropical fire ants are suspected to have come from a ship from Jakarta, Indonesia. The...