Diana Containerships Ties Post-Panamax With Wan Hai Lines
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte...
Japanese Govt to Regulate Large-ship Scrappers
The Japanese government is mulling to formulate a new law to regulate large-ship scrappers, in order to enter into an international treaty on the safe recycling of ships.
Regulate business laws:
The government finds it unnecessary...
Ferry Detained Following RoRo Ramp Damage
On December 2, a ferry was reportedly damaged after its roro ramp broke when the ferry was scheduled to leave the port.
What happened?
The ferry ‘Alkinoos’ reportedly suffered damages when a wire of the starboard...
13 Dead, Two Missing After Collision Off Incheon
On December 3, thirteen people were reportedly dead and two missing after a fishing vessel and a bunker collided with each other.
What happened?
The fishing boat ‘Seonchang-1’ reportedly collided with a bunker ‘Myeongjin-15’ in the...
Cargo Ship Operators Ordered to Pay Millions in Lawsuit
A US District Judge ordered the owners of a cargo vessel to pay a fine of $3.3 million for failing to provide medical treatment to one of its crew member.
What happened?
The 56 year old...
Pilot’s Rudder Order Went Wrong, Results in Collision
Summary
The Ocean Freedom arrived at an offshore anchorage outside Aransas Pass, Texas, in October 24 from its last port of call in Rugao, China, with a cargo of about 200 tons of steel piping....
[Watch] Tanker in Bad Weather at Pacific Ocean
Watch the tanker in storm, bad weather at Pacific Ocean.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult...
Baltic Exchange Shipping Insights
TANKERS
VLCC
The market in the Middle East Gulf remained under downward pressure, with China discharge fixed at WS 57.5. SPC fixed to Singapore at WS 56.5 and 2001 built tonnage agreed WS 48 to South...
Maersk to Set Sail with 200 Techies in Digitisation Drive
The A.P. Moller-Maersk has decided to hire around 200 engineers at its new Centre of Excellence in Bengaluru, India to help the company towards digital transformation.
Engineers to work on AI and Big Data:
The Copenhagen-based...
MAN L23/L30 Passes TAT! The Dual Fuel Variant
MAN Diesel & Turbo’s dual-fuel MAN L23/30DF engine successfully passed its Type Approval Test (TAT) on November 2nd 2017 at CSSC Marine Power (CMP) in Zhenjiang in front of the industry’s main classification societies. The...