Collision Between ONE Container and Tanker Injures Seafarer
At least one seafarer was injured when the container ship ONE Blue Jay struck the Turkish-flagged product tanker Gunece at Perama (Greece), reports Maritime Executive.
ONE Blue Jay collides with the tanker
The Gunece was anchored...
AIDA Cruises To Get Battery Update by Corvus Energy
German cruise line AIDA Cruises has signed an agreement with Corvus Energy to install lithium-ion battery storage systems onboard the company’s vessels, reports Ship Technology.
Pilot programme
The agreement states that Corvus Energy will install and...
Weekly Tanker Report – Week 39, 2019
The Baltic Briefing has issued the tanker report for the 39th week of this year. The report dated 27th September 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...
Why Shippers Are Driven Towards Water-Cooled Motors?
Electric motors are mission-critical for ship owners and operators.
Their reliability and performance can have a direct impact on the smooth running of the whole vessel.
Switching to water-cooled motors that do not...
Evergreen Places Orders for Ten Mega ULCV’s!
The Taiwanese carrier has placed an order for the 10 mega ULCVs which are to be built at South Korean and Chinese yards at a cost of $140-$160m a unit.
Evergreen has an...
NYK’s Mega Container Ship Strikes Tanker!
According to an article published in Maritime Bulletin, a mega container ship struck a Turkish tanker while proceeding to Greece.
What happened?
On September 26, the mega container ship One Blue Jay struck Turkish tanker Gunece...
Bunker Market Scrambles for Extended Credit Lines As IMO 2020 Looms
About $4 billion/month of extra credit will be needed starting 2020 to cover the rise in demand for LSFO.
This rise has resulted in shipowners and creditors to scrambling for additional credit lines...
Study Claims Digital Maritime Spend To Shift Towards Startups
Inmarsat landmark study identifies critical role for maritime startups, reports Splash247.
Digital maritime space opportunities
A new 60-page report issued today looking into maritime startups conducted for Inmarsat by UK GovTech venture firm and research house,...
As Poseidon Principles Kick in Ship Lenders Change the Credit System
As investors have started adopting the Poseidon Principles, it's proving difficult for shipowners to understand the new dynamics. Keeping this in mind, the Lloyd's Register has released a detailed analysis by two leading bankers...
Amidst LNG Quality Concerns, DNV GL Declares It Best 2030 Fuel
In a major development, Classification society DNV GL remains convinced that the route to the International Maritime Organization’s (IMO) 2050 carbon targets is via LNG as a bridging fuel, says an article published in...