ABS Grants AIP to Dalian LNG-Fueled Bulker and Ore Carrier
ABS and DSIC collaborate on LNG as fuel innovation.
DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very Large Ore Carrier (VLOC).
Both designs have Type C LNG...
Oldendorff Takes Delivery of Five Eco-Ships
Oldendorff Carriers has taken delivery of five new eco-ships - 'Jan Oldendorff', 'John Oldendorff', 'Julius Oldendorff', 'Christiane Oldendorff' and 'Kai Oldendorff'.
The vessels are fitted with a fuel-efficient and energy saving duct by Becker, Germany.
The new eco-ships have...
Will General Average (GA) Be Declared on the APL Vancouver?
Container vessel APL Vancouver caught fire with 4,500 containers onboard the vessel, of which 100 were hazardous in nature.
General Average (GA) to be declared on the APL Vancouver, given the potential size of...
Poor Situational Awareness Of The Vessel’s Position Results in Allision
What happened?
At 2213 on February 2, 2016, the tanker Nordbay allided with a dock and water intakes on the Lower Mississippi River in New Orleans, Louisiana. Less than an hour later, as the ship...
Freightos Baltic Container Report – Week 4, 2019
Business in China started winding down in advance of the week-long public holiday next week.
China-West Coast prices dropped by $8 and China-East Coast prices gained $20.
The global index dropped 2% on...
Is the Fuel of the Future a Dense Question?
Six new award categories will feature at the Marine Propulsion Awards 2019.
Some of the Industry’s foremost experts will be part of the judging panel.
Shortlisted 3-4 per category will be listed on...
Navios Reports Financial Results for the Fourth Quarter Ending in December
Revenue
$133.9 million for 2018; $34.4 million for Q4 2018
Cash from operating activities
$47.5 million for 2018; $9.6 million for Q4 2018
Adjusted EBITDA
$69.3 million for 2018; $15.3 million for Q4 2018
$76.1...
Synergy Collects 20,000 Teu Boxship
Imabari Shipyard in Japan has taken the delivery of its newbuild ULCV 'The Ever Gifted'.
The ULVC s powered by a fuel-optimised MAN B&W 11-cylinder G95ME engine.
It is the highest capacity container ship currently...
Eagle Bulk Shipping Acquires One Ultramax, Sells Two Supramaxes
On January 23, Eagle Bulk Shipping has announced that it purchased an Ultramax bulk carrier for a price of $20.4M.
Existing time charter
The company commented that the 'M/V Cape Town Eagle' has been acquired with an...
China to Adopt Global Regulations for Ballast Water Management
Last October, China ratified International Maritime Organization's (IMO) Ballast Water Management (BWM) Convention which came into force in September of 2017. The BWM Convention aims to prevent the spread of harmful and invasive aquatic...