Steamship Opts for Dutch Hub

British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in case Britain loses single market access. Balance of trade Britain dominates the...

Panama Seeks to Grow Ship Finance with New Law

After many years in the pipeline, Panama has passed legislation for ship financing, the first of its kind for the country. The Law 50 of 28 June 2017 entered into force on 29 December 2017...

Two Cargo Ships Collide Off Finland

On February 25, two cargo vessels collided in the sea near the Southern city of Porvoo and both the vessels sustained damages. What happened? Two cargo ships collide off of Finland's southern coast, a rear-end collision...

33 Ships, 27 Firms can be Black Listed

The United States is urging the united nations to ban 33 vessels from ports worldwide and blacklist 27 shipping businesses for helping North Korea circumvent sanctions. The US request to a UN sanctions committee, a...

Cruise Ship Brawl Birthday Girl ‘Pushed Down the Stairs’

On February 24, the police were called in to end a terrifying drunken brawl, happening/occurring on a cruise docked at the Sydney's Darling Harbour. What happened? The party was thrown to celebrate Lana Marie Battaglia's 21st...

Oil from Sunken Tanker Reached Japan Shores

The oil from a sunken tanker ‘Sanchi’ has reportedly reached the Japanese shores of the Okinoerabu and Yoron islands in the Amami chain. What happened? On January 14, the oil tanker ‘Sanchi’ reportedly sank after colliding...

Clear View on the Regulation Front

The regulatory wheel keeps turning, so it is important to understand the developments when addressing compliance and making strategic business decisions. DNV GL gives owners and operators a heads-up. 2017 has been a significant year...

[Watch] Strange Submarine Passes Underneath Diver

 THIS is the moment a diver watched a giant submarine emerge from the gloomy ocean depths and cruise straight underneath him. Disclaimer: This video is intended for informational purpose only. This may not be construed...

Race is On to Meet New Pollution Regime for Ships, Wartsila Boss Warns

New pollution control rules will become effective from 1st January, 2020. The new sulfur cap is set to effect the energy industry including the shipping companies. Shipowners are junking ageing vessels and opting...

Hull’s Rolling Shifts Cargo Hold, Vessel Ran Aground

On 7th January 2017, the cargo ship TONG DA was proceeding east-northeast in Genkai-nada, with a master and 13 other crew members onboard, her hull listed to port and she was intentionally run aground....