Freighter Breached in Allision
On April 25, an illegal (breached) freighter after it collide with an anchored vessel off the Isla de Pascua into the bight of Hanga Roa.
What happened?
The barge ‘Rano Aroi II’ of the Sociedad Agrícola...
World’s First AI-Powered Situational Awareness System Aboard Maersk’s Containership
Recently, Maersk has announced that they have partnered with Boston-based Sea Machines Robotics in order to test the world’s first AI-powered situational awareness system aboard one of their newly built ice-class container ships, reports...
The Ceiling on Economies of Scale in Container Vessels
Shipping lines are continuing to order larger vessels in order to take advantage of the economies of scale. With no end in sight to this growth in the size of ships, the question must...
Star Bulk Fleet Expansion: Time To Buy?
By J Mintzmyer
Summary
Star Bulk Carriers is a dry bulk pureplay with the largest publicly-traded fleet, now with 90 vessels.
Last Friday, they announced an acquisition of 16 vessels, funded by the assumption of debt...
Shipping’s Baltic Exchange Turns to Grains, Gas and Even Air Freight
The Baltic Exchange, owned by Singapore Exchange, plans to launch new indexes for grains, gas and potentially air freight in its biggest shake-up in more than a decade, according to executives and two sources...
Amann Shipping Acquires Feedermax Boxship from Heung-A
Brunei-based container shipping operator Amann Shipping has acquired 2002-built feedermax containership Heung-A Venus from South Korean owner Heung-A Shipping for an undisclosed price, Alphaliner reports.
The 1,032 teu vessel, which has been renamed Padian 4,...
[Watch] Moment When a Ship Collides with Dock
Watch the cargo vessel collide with a dock situated on the Parana River causing a slow down of activity at the terminal.
Disclaimer: This video is intended for informational purpose only. This may not be...
Cargo Vessel Arrested for Oil Spil
On April 24, police officials seized a cargo vessel during an investigation involving a fire caused by a pipeline burst.
What happened?
The Panamanian flagged cargo vessel ‘MV Ever Judger 2’ was taken into custody as...
Cargo Ship Collides with Dock in Argentine Grains Hub Rosario
On April 25, a cargo vessel collided with a dock situated on the Parana River causing a slow down of activity at the terminal.
What happened?
The cargo ship ‘Ocean Treasure’ was loaded with 24,000 tons of...
China Bound Cargo Vessel Diverted to Saudi Arabia
On April 24, three cargo consignment bound for China were diverted to Saudi Arabia after being sold to a private buyer.
What happened?
The vessel 'BTG Eiger' loaded with three consignments of sorghum initially bound for...