Conventional Reefer Vessels Experiences Further Decrease

  The prices have dropped down from some 55% in 2000 and the transport of refrigerated perishables has decreased to 18%. Total seaborne transport of fresh produce has grown by 5% to 116 million tons in...

Scrubbers Installed Vs No Scrubbers Charter Market From IMO 2020

Coming January 2020, vessel owners have to install exhaust gas scrubbers or to burn low sulphur or alternative fuels. The cost implications are difficult to predict and to overcome this hassle, the Swedish Club...

Fast ferries: Why Boom Times Are Here To Stay?

The passenger ship industry is facing a surge in newbuilds after suffering a setback in recent years. It is further strengthened and cushioned against the effects of the 2020 low sulphur cap due...

Maersk Mega Container Ship Cut in Half

According to Arabian Industry, a mega container belonging to Maersk that was badly damaged by a fire at sea has been cut in half. What happened? In March 2018, the Maersk mega container ship Honam that...

ONE Breaks World Record for the Largest Amount of Stowed Cargo

  Ocean Network Express and Navis have partnered to provide on-premise and collaborative stowage planning solutions. MOL Tribute created a record by carrying over 19,100 TEU aboard utilizing Navis’ StowMan vessel stowage planning software. StowMan solution...

Revealed! The Most Luxurious Cruise Ship Cabins on the High Seas

According to Daily Mail, the most luxurious cruise ships on the high seas boast of butler service, crystal chandeliers, marble bathrooms, and grand pianos. Adam Coulter, the managing editor of Cruise Critic, has revealed the...

Hunt for Cargo Ship Stellar Daisy Begins

  Ocean Infinity has launched its vessel Seabed Constructor to search for the lost Stellar Daisy. Stellar Daisy sank which resulted in the tragic loss of 22 of its 24 crew in March 2017. Ocean Infinity will use AUVs...

Researchers Discover Wreck that Could Finally be Amelia Earhart Plane

The disappearance of famous pilot Amelia Earhart as she tried to circumnavigate the world in 1937 has obsessed many for years, with theories ranging from Earhart and her navigator dying on an island after...

Greenland Ice Melt Reaching ‘Tipping Point’

According to new study done in Greenland’s southwest region climate change is causing its ice sheets to melt much faster than previously thought. The findings could have dire implications for the planet's low...

Scorpio Bulkers Assuming $250 Per Tonne Fuel Spread for Scrubbers

Scorpio Bulkers is assuming a price spread of $250 per tonne between high and low sulphur fuel once the IMO 2020 limit is in force. It plans to install scrubbers on all the...