[Watch] French Citizenship to ‘Spiderman’! Daredevil Rescue of a Child from Balcony
A daredevil act of rescuing a young child dangling from a balcony has been reported in Paris. As per media reports, the young malian migrant who made the quick ascend to save the child...
IMO Takes First Steps to Address Autonomous Ships
Environmentally sound maritime activity is one of the primary concern for IMO and it’s seeking to address it by ensuring safe, secure and environment-friendly maritime activity which doesn’t harm the shipping industry. For this...
Ship Owners Snap Up Tankers
Tanker sales have accelerated in the recent times owing to a rise in crude and product tonnage dealing. Suddenly everyone is vying for the market. So, this week, we are doing a detailed analysis...
The Mirage of Djibouti’s Economic Success
EXX Africa published a special report on the country’s investment outlook on 24 May 2018. At first sight, Djibouti seems to be an attractive investment destination in an otherwise troubled Horn of Africa region....
Singapore Blocks Wilhelmsen’s Drew Deal
The Competition and Consumer Commission of Singapore has found in a provisional decision the proposed acquisition by Norway’s Wilhelmsen Maritime Services of US rival Drew Marine’s technical solutions to be anti-competitive
Singapore - The Competition...
First Online LNG Cargo Sale by Petronas
Petroliam Nasional Bhd (Petronas) through its subsidiary, Petronas LNG Ltd (PLL) achieved another significant milestone by selling its liquefied natural gas (LNG) cargo for the first time through an online trading platform, GLX.
Physical cargos...
The World’s Dirtiest Fuel will be Banned from Arctic
The World’s dirtiest fuel has been banned from shipping in the Arctic Ocean to sustain the marine environment.
What happened?
This move was announced by the Clean Arctic Alliance, which has banned the use use and...
Barge Sank After Collision with Vessel
On May 26, a barge capsized and sank in the Dordtse Kil after it collided with another vessel.
What happened?
The barge ‘Coxswain’ capsized and sank in the Dordtse Kil, a freeway which connects the Hollands...
[Watch] Shipwreck with Million Dollar Gold After 300 Years Off Florida
More than $1 million worth of gold that has sat on the floor of the Atlantic for nearly 300 years has finally resurfaced, thanks to a team of Florida treasure hunters.
The 60 gold artifacts...
AIS Transmission Failure Led To Bulker Collision
Summary
On 17 May 2017, Gortynia, a fully laden cape size bulk carrier, collided with bulk carrier DZ Qingdao in Singapore Strait. The collision occurred in the East-bound deep water route of the traffic separation...