‘Impossible’ Recovery
Winter in the North Pacific is notorious for bringing extreme weather and heavy seas, and large container ships are traveling at maximum speeds, Clive Reed, founder of Reed Marine Maritime Casualty Management Consultancy, said...
1 Killed in Ambush Attack on Cargo Ship, 15 Kidnapped
A statement said that three crew members are still in the ship and pirates are waiting for negotiations for ransom.
One crew member killed and 15 others kidnapped when pirates stormed a Turkish...
DHT Holdings, Inc. Acquires 2 VLCCs
DHT Holdings, Inc. announces that it has entered into agreement to acquire two VLCCs built in 2016 at DSME (Daewoo) for USD 136 million.
The vessels are scheduled to deliver during the first...
77% of Crew Change Through Charter Flights During Covid 19
As Covid-19 border and travel restrictions decimated commercial aviation flight schedules some 77% of shipping businesses turned to charter flights for crew change.
ATPI Marine Energy conducted a research among participants at the...
LNG Tankers Change Destination, Puzzles Stakeholders
Two liquefied natural gas (LNG) tankers that had initially signalled they would load at Royal Dutch Shell’s Prelude floating LNG facility in Australia have diverted elsewhere.
This comes just a week after Shell...
$14,000 To Ship a Container To the UK, But the Usual Price is $2,500
The founder of start-up Houseof.com, which imports lighting from China, says the rise in shipping costs means she's making a loss on what she sells.
The six-fold increase in shipping costs is hard...
Analyzing Covid 19 & Its Colossal Impact on Various Sectors
The coronavirus pandemic has reached and devastated almost every country in the world.
Its spread has left national economies and businesses counting the costs.
The governments struggle with new lockdown measures to tackle...
Sovcomflot Inks LNG Newbuild Charter Agreement With Total
PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be owned and operated by SCF, with options for up...
Can Shipping Absorb the Cost of Emission On Top of A Technology Levy?
According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for...
Norsepower Installs World’s First Tiltable Rotor Sails
Norsepower has successfully installed two 35-metre tall Rotor Sails for SEA-CARGO.
The installation heralds the world’s first tiltable Rotor Sail.
The system is fully automated and detects whenever the wind is strong enough...