China’s Stricter Ship Emissions Rules a Boon for IMO 2020 Compliance
China has geared up to strengthen their ship emission rules as the world prepares for the 2020 deadline. The tighter rules on shipping emissions along China's coastlines from the start of next year is...
[Watch] Passengers Cling to Side of Stricken Ferry
Passengers of a crashed ferry clung to the vessel overnight as poor weather slowed rescue efforts. The captain ran the vessel into a reef off the island of Sulawesi after it started taking in...
It’s a Cavitation Tunnel
A facility used for propeller cavitation tests. This is a vertical water circuit with large diameter pipes. A parallel inflow is established. With or without a ship model, the propeller, attached to a dynamometer,...
ABB Turbochargers Help China’s Biggest Box Ship Optimize Performance
Delivered last month by China's Jiangnang Shipyard (Group) Co, the 21,000+ TEU COSCO Shipping Universe has broken the record for China's largest containership and is equipped with ABB turbochargers to assure optimal performance and...
Is Hong Kong Destined to be the Major Ship Finance Centre in Asia?
With the shipping industry heavily hit by the overcapacity of ships and insufficient cargo demands that arose after the 2008-09 recession, all eyes are on Asia. This downward pressure on vessel values and earnings...
Long Drought Puts Pressure on Dutch Shipping Sector
The longest drought in decades is drying out rivers in the usually wet Netherlands, hitting cargo traffic and threatening a shortage of bulk supplies ranging from hops for beer brewers to cement for the...
U.S. Refiners From Exxon to Valero Have Edge Ahead of Ship Rule
Tougher shipping rules are impending for quite some time and world’s shipping fleet is preparing for it. Amidst this, the refiners are having an edge with the Exxon Mobil Corp., the Marathon Petroleum Corp.,...
Vessel Carrying 1,000 Cars Runs Aground Off Sweden
On July 24, a cargo vessel carrying 1000 cars ran aground due to navigation issues in Sweden.
What happened?
The Panama-flagged cargo vessel ‘Makassar Highway’ was enroute to the port of Sodertalje, south of Stockholm when...
LR Grants Cyber Security AiP to DSME Smart Ship Solution
Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has received approval in principle (AiP) from LR for the DSME Smart Ship Solution (DS4®), receiving the Cyber SECURE notation, which confirms compliance with LR’s cyber...
IMB Report: Persistent Piracy Risk Off West Africa
A quarterly report released by the ICC International Maritime Bureau (IMB) showed that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in six separate incidents.
Increase in incidents and...