Shipping’s 2020 Rule Would Cost the Industry Upto $50 Billion for Clean-Fuel Bill
The IMO 2020 regulation shift from heavy oil to low-sulfur might hit vessel operators and cargo owners due to extra cost.
IMO 2020 is a major change in the industry since it moved...
Weekly Maritime Security Report – Week 15, 2019
Protection Vessel International has released the Maritime Security Report for Week 15 of 2019. The report formulated on 24th April 2019 highlights the various security breaches that have happened over the past week.
Nigeria: Robbers board...
Pirate Attack! 6 Crew Kidnapped Off Tanker
According to an article published by ICC-CCS, an anchored tanker was boarded by unauthorized persons who kidnapped six crew and escaped.
What happened?
Six crew members of a Palau-flagged tanker were kidnapped by pirates off Nigeria...
New Swedish Shipping Company Formed – Wallenius Sol
In a recent development, Wallenius Sol, a new shipping company announced that they will transport forestry products and other goods in a network covering the Gulf of Bothnia, the Baltic Sea and the North...
Is IMO’s Focus on Air Pollution Clouding Its Judgement?
According to a Tanker Shipping article, a recent postponement of a critical safety issue for sailors shows IMO straying from its original remit.
IMO's purpose
Craig Jallal emphasized that the original purpose of the United Nations...
Maersk Helping the World’s Largest Ship Breaking Town To Clean Up
According to an article published in Economist, the World's Largest Shipbreaking town Alang in India is under pressure to clean up and shipping giant Maersk is helping it in this process.
About Alang
How do you...
Vale Dam Accident Causing Capesize Rates To Fall
According to a Platts report, the Capesize market looks to be weak again in Q2 as the Vale dam accident and repairs at key ports cut demand for the vessels that typically carry iron...
[Answer] How Does Propeller Technology Reduce Underwater Radiated Noise?
Underwater propeller noise has been a cause of problems for many shipowners. However, no steps could remedy those radiated noise coming from the propellers as they cut through the ocean for the ship to...
World War 2 Warship Sank by a Japanese Submarine Discovered After 77 Years
An Australian second world war freighter has been discovered 77 years after it was sunk in a deadly Japanese submarine attack, reports the Guardian.
The second world warship SS Iron Crown had sunk after it...
ABS and CINS To Develop Recommendations for Dangerous Goods Stowage
ABS has teamed up with industry leaders from the CINS to develop recommendations to help mitigate risks emerging from the stowage of dangerous goods on containerships, says an article published in Ship Technology.
The recommendations...