[Watch] US Marine Police Board a Narco-Sub Carrying 17,000 Pounds of Cocaine

The US Coast Guard released a video on Thursday that showed exactly how one might intercept a fast-moving narco-sub on the high seas, netting more than 17,000 pounds of cocaine in the process. The event,...

Diana Shipping Announces Time Charter Contract With Uniper

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels has entered into a time charter, said a press release. Time charter agreement The company announced that, through a separate wholly-owned...

American Club Publishes Synopsis Analyzing Results of PEME Program

Synopsis, distributed by way of Club circular, provides extensive information on conditions of seafarer health encountered in various parts of the world. It also highlights substantial claims cost savings delivered by the program...

Singapore Retains Top Spot As International Shipping Centre!

For the sixth time in a year,  Singapore has topped the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index. Singapore was awarded based on factors such as port throughput and facilities, depth and breadth...

IMO Accelerates Climate Action

MEPC has put forth a number of measures to achieve the objectives set out in the initial IMO strategy on reduction of greenhouse gas (GHG) emissions from ships. The committee has strengthened existing mandatory...

Greece Bags the Maximum Vessel Orders in 2019

Greek shipowners bagged maximum orders across the entire range of tankers and liquefied natural gas carriers.  The total number of dry-bulk carrier newbuild orders was down to 73% in the first half of...

IMO2020 Grade Fuel Launched by Austrian Company

Vienna-listed oil and gas company OMV has developed a very low sulfur fuel oil (VLSFO) with 0.5% sulfur content. VLSFO is in line with the marine fuel standard, ISO 8217:2017, and produced in...

HMM Joins THE Alliance to Secure More Ocean Trade

Hyundai Merchant Marine Co. is joining THE Alliance, gaining access to significant new business. HMM’s move to join the group came after the rival 2M Alliance refused to make HMM a full member...

Guangzhou Shipyard Partners Up With DNV for Heavy Lift Job

GSI has selected DNV as a key partner to classify a pair of innovative large semi-submersible heavy lift newbuildings.  These 50,000 dwt vessels are purpose designed and built for the leading Chinese shipowner...

Tropical Storm Barry Hits New Orleans, Raising Flood Threat

Nervous New Orleans residents prepared to flee as Tropical Storm Barry closed in on Thursday, with forecasts of “extreme rain” and more flooding ahead of the storm’s predicted landfall by early on Saturday as...