Peter Bertelsen knows MR tankers like the back of his hand. So far, he has supervised the building of 13 of 19 MR newbuildings Maersk Tankers has on order in China. Indeed, since joining...

On September 2, a Chinese cargo vessel successfully sailed out to the Arctic Circle to complete its maiden voyage through the ‘Polar Silk Road’. What happened? The COSCO SHIPPING Specialized Carriers Co owned Chinese cargo vessel...

On September 1, a crew member was grievously injured after he was injured during a work accident onboard a cargo vessel. What happened? A crew member onboard the vessel ‘Key Fighter’ was severely injured during a...

The last moments on a sinking ships can be quite daunting, for that can only be seen from the ones who are directly experiencing it. This story is about a Royal Navy ship that...

MAN Energy Solutions first ME-LGIP (–Liquid Gas Injection Propane) engine has been launched in Copenhagen Research Centre It has different modes and in the gas mode, it operates with only 3% of the...

Despite the benefits of this design, there are some challenges in achieving them. The most important one was the issue on determining how to connect the composite panels to the supporting steel structure. Also a...

China - US peak season shipping is in full swing. China vs West Coast prices were just one dollar less than the previous year, at about $1,210/FEU. They’ve risen 73% since then and...

LNG carriers spot rate on high tide No disruptions from fuel prices Demand for spot charter rise Old vessels not economical for modern transit LNG spot charter rates have touched the highest mark since...

The severe tanker market conditions of last week is likely to prevail this week. However, despite the looming crisis BIMCO experts foresee a possibility of tanker fleet growth. Owners are digging deep into the...

Capesize A turnaround in fortunes for the big ships, with a few slower days in the market. A build-up of tonnage and a lack of Brazil cargoes resulted in a slide in rates. The active...