Maersk Line is Now a Founding Carrier Member of NYSHEX

The New York Shipping Exchange (NYSHEX), the innovator of the first digital forward freight contract for global container shipping, announces the addition of Maersk Line as an investor making them a founding member. This marks...

Bow Thruster Breaks Down the Vessel

The sailing of the "Columbia" were cancelled this week as the vessel remained in Bellingham, Washington, with a broken bow thruster. The damage occurred last week, when the ferry was approaching the dock in...

Capesize Bulk Carrier Arrested in Singapore

The capesize bulk carrier 'Stamatis' has been arrested in Singapore, according to the latest records from the Supreme Court of Singapore. Information from VesselsValue.com indicates that the 2004-built vessel is owned by Greece-based Samos Steamship. The...

[Watch] Cement Tanker Aground on Wester Scheldt

On January 23, a cement tanker reportedly ran aground on Westerschelde at Valkenisse and asked for help to be refloated. What happened? The cement tanker ‘Rozengracht’ reportedly ran aground on the Westerschelde at Valkenisse. The reason...

Guards Repel Pirate Attack on Cement Carrier

On January 19, a cement carrier was reportedly attacked by pirate mother ship and the guards were successfully able to thwart the attack. What happened? The cement carrier ‘NACC Valbella’ was reportedly transiting through south of...

[Watch] PhilaPort Welcomes its Largest Vessel to Date MSC Avni

The largest cargo vessel to ever call the Port of Philadelphia, ocean carrier Mediterranean Shipping Company (MSC)’s 11,000-TEU MSC Avni, arrived at the port on January 14, 2017. Disclaimer: This video is intended for informational...

Denmark is World’s 6th Major Shipping Nation

In a good news, Denmark has moved up a notch and claimed the sixth position with regards to tonnage on the list of the world’s major shipping nations. Operated Tonnage Reports from IHS Markit has...

Main Engine Cylinder Cooling Jacket Failure Led To Grounding

The National Transportation Safety Board (NTSB) issued an investigation report on the Grounding of Bulk ‘Carrier Nenita’ on the Columbia River, in November 2016, as a result of an engine failure combined with inefficient...

Membrane-type Fuel Tanks for Ships Saves Cargo Space

Replace conventional C-type tanks with membrane-type tank. LNG membrane tank solution pays itself back in less than 3 years. Long voyages will become more feasible for LNG carriers. Deltamarin along with Gaztransport &...

Why the U.S. Is Buying Natural Gas From Russia?

For a lesson in how liquefied natural gas is radically reshaping the global energy market, consider the tale of a ship due in Boston on Tuesday. The huge Gaselys tanker is being closely tracked...