IBM, Maersk to Ship Blockchain in Global Joint Venture
Combining the technological expertise and logistics prowess, IBM and Maersk have established a first-of-its-kind joint venture to digitally transform the global supply chain.
What’s inside?
The new company will look to offer a jointly developed global trade...
Sinking Of Towing Vessel
The NTSB has released a Marine Accident Brief on its investigation into the December 2015 sinking of the towing vessel Spence in the Caribbean Sea.
Summary:
On December 14, 2015, about 115 nm north of Cartagena,...
New Canal Route to Ease Bosphorus Shipping, Reveals Turkey
Turkey announced on Monday the route for a planned canal that would reduce shipping traffic on the busy Bosphorus Strait and transform the European half of Istanbul into an island.
Work on the 45-km (28-mile)...
Oil Spill Spreads Noticeably Off China
A major oil slick has happened in the East China Sea, by the sunken Iranian oil tanker. This oil slick is raising the prospect to be considered as the worst environmental damage from what...
[Watch] Ancient Harbour of Corinth Discovered
Underwater excavations at Lechaion, the ancient harbour of Corinth, provides insight into engineering by the Roman Empire.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item...
DNV GL to Test Impact of Biodegradable Lubricants in Stern Tube Bearings
Classification society DNV GL has launched a new joint development project (JDP) in cooperation with marine insurers The Swedish Club, Norwegian Hull Club, Gard and Skuld to test the potential influence of Environmentally Acceptable...
Bunker Industry Faces Crunch Point Over IMO Sulfur Move
The global bunker industry looks set for a pivotal year in 2018 as buyers and sellers come under increasing pressure to decide how to respond to impending emissions limit cuts.
New sulfur limit kicks...
[Watch] Maritime History: Costa Concordia Disaster
On the night of 13 January 2012, during a seven-day cruise, Costa Concordia with 4,229 people onboard, was sailing from Civitavecchia, Italy, to Savona, when she deviated from her planned route at the Isola...
No Market for Unmanned Ships in Tanker Sector
Although the shipping industry is putting greater focus on making remote and autonomous ships a reality, the flurry of developments in this field might not be in the best interest of all shipping markets.
On...
Structural Failure of the Vessel Resulted in Sinking
Summary:
On December 3, 2015, the commercial fishing vessel Orin C sank in the Atlantic Ocean about 13 miles east of Cape Ann, Massachusetts. All three crewmembers abandoned the vessel just prior to the sinking...