Abandoned Aframax Tanker Sold Via E-auction
Reports indicate that Shanghai Maritime Court has auctioned off over the web, the 1997-built aframax tanker Amba Bhakti on Taobao.
Varun Shipping reportedly abandoned the vessel and it got detained by the court since 2016 at...
Transpacific Container Rates Under Extra Pressure
As shippers and carriers on the transpacific prepare for the annual contract negotiating season – which kicks off with the Journal of Commerce’s Transpacific Maritime (TPM) convention on Long Beach – industry analysts have...
VIKING Sees a Slight Improvement in Cargo and Offshore
For the second consecutive year, revenue and earnings remained stagnant for 2017 at VIKING Life-Saving Equipment A/S. Two of the largest customer segments, the cargo ship market and offshore industry, remain in turmoil and...
Key Success Strategies by Thome
Gautam Kashyap, Thome’s Vice President for Business Development, outlined the Group’s strategies for success at the 2018 Connecticut Maritime Association shipping conference.
“Ship Management is changing and the right mix of digitalisation, automation and data...
Baltic Dry Bulk Weekly Briefings
Capesize
There were finally reports of increased Brazil activity, but still largely unconfirmed. Vale reportedly took six ships Thursday for 5th April onwards, from Tubarao to Qingdao at $14.90, with three for delivery North West...
Costly Safety Lessons! Ship Crashed
The Marine Accident Investigation Branch (MAIB) has published a report of the investigation into the collision between cargo ship Saga Sky and Stema Barge II.
Summary:
On 20 November 2016 at about 08:50, the general cargo...
[Watch] A Divers Shocking Footage of Plastic Waste
Shocking footage has emerged showing a Bali ocean containing tonnes of plastic waste, showing the damage that humans are doing to the world's ocean.
British Diver Rich Horner captured the images while diving at...
Sink or Sail? – Shipbuilders Face Critical Point for Survival
The nation's shipbuilding industry officials are maintaining a cautious outlook, despite growing expectations about recovery following an increase in the number of orders that shipbuilders have obtained this year.
Although global market conditions seemingly support...
Cargo Ship Saves Stranded Boy
On March 17, a 11 year old boy was rescued by a merchant vessel in Helsinki Vuosaari after the child was stranded on thin ice.
What happened?
The 11 year old boy was walking on the...
Coating Over a Coating Problem
Subsea Industries’ NACE coatings inspector Manuel Hof explains why shipowners can no longer afford to gloss over the marine environment issue.
Today’s ships are expected to demonstrate their environmental credentials in many different areas, including...