‘Mexican Standoff’ Persists in LNG Spot Shipping Market
In a major development, GasLog Ltd, one of the largest U.S.-listed liquid natural gas (LNG) tanker owners, is confident that today’s weak spot shipping rates are poised to turn, says an article published in...
ADNOC Logistics and Services Selects VIKING for Safety Servicing
Abu Dhabi-based shipping company, ADNOC Logistics & Services entrusts its entire safety equipment servicing to VIKING with a five-year contract, reports Viking News.
What is in the five year tender?
Maritime safety equipment manufacturer and global...
Unchecked After Peak Tank Ballast Line Valves
An investigation report published by the Australian Transport Safety Bureau chronicles the incident of Water ingress into steering gear compartment onboard the bulk carrier Goliath, Bass Strait, Tasmania, on 7 March 2018 and what were...
Banks, Private Sectors Show Sudden Interest in Scrubbers Financing
Last Friday, South Korea's financial regulator announced that they will encourage private banks to increase ship financing, as part of its efforts to improve the financial health of local shipbuilders, reports Yonhap News Agency.
The...
To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG values
Vessel Values has partnered with Oslo based shipping consultancy firm ViaMar to provide Future Market values for each individual vessel in the Tanker, Bulker, Container, and LPG fleet.
Future Market Values are quarterly predictions for...
LNG Shipping Owner GasLog Partners Foresees Spot Rate Recovery
GasLog Partners expects to benefit from a rebound in charter rates and continued demand for shipping from export project developers.
The fall was largely due to a non-cash $12 million decline in derivative valuations,...
Maersk Line’s Asia-Europe Network Reviewed
Maersk has reduced the number of ports they will call at directly with mother vessels in the Mediterranean with their Far East to Europe service.
Maersk Line will continue to operate direct services...
Ten Killed After Carbon Dioxide Leak on a Cargo Ship
Ship’s third officer detained over the accident that took place during repair work at the dock in Shandong province.
Nineteen people needed hospital treatment after a leak from the fire extinguishing system.
Workplace...
Chinese Jinling Shipyard Orders Four MAN 51/60F Engines for RoPax Vessels
China’s Jinling Shipyard has ordered four MAN 51/60DF engines in connection with the building of a 230-meter-long RoPax vessel for TT-Line, the German ferry operator, says an article published in LNG World News.
TT-Line’s ‘Green...
[Watch] How Stabilisers Reduce A Ship’s Roll
Stabilisers are used to reduce the amount of roll experienced by large ships.
In this video, we look at a few different stabilisation techniques. We investigate how different methods work and how successful they are...