Re-Financing of Chemical Tankers
The Board of Directors (the “Board”) of FSL Trust Management Pte. Ltd., as trustee-manager (the “Trustee-Manager”) of First Ship Lease Trust (“FSL Trust” or the “Trust”), wishes to announce that the Trust has been...
Volcanic Eruption Disrupts Vessel Traffic to Big Island
On May 15, a volcanic eruption has resulted in the disruption of cruises to Big Island leaving passengers stranded at Sea.
What happened?
Since two weeks, around 20 fissures have opened since the Kilauea volcano started...
Vroon Wins Multi-ship Contract from BP
Vroon Offshore Services (VOS) Aberdeen has been awarded a long-term contract with BP Exploration & Production.
Emergency and rescue support
Under this contract, VOS will provide emergency response and rescue vessels (ERRVs) supporting BP’s on-going and...
Tugs Assist Stranded Container Ships
On May 13, a container ship required tow assistance after it suffered an engine failure and starting running adrift.
What happened?
The container ship ‘Kubilai Khan’ ran into engine failure and started drifting towards north of...
Massive Tankship Collides with a Vessel Off Long Island
On May 12, a massive tankship collided with a commercial fishing vessel off Long Island and the Coast Guard has initiated an investigation regarding this incident.
What happened?
The tankship ‘Tofteviken’ and the fishing vessel ‘Polaris’...
[Watch] Biggest Ever Massive Vessel to Cross the Panama Canal
A 168,028-ton Norwegian Cruise Line ship traveled through the Panama Canal Monday, becoming the largest-ever passenger vessel to traverse the narrow waterway.
The Norwegian Bliss traveled through the recently expanded Panama Canal on its way...
Largest Wooden Sailing Ship Being Built in Truro
A traditional wooden sailing ship is being built using old photographs of a 19th Century vessel, reports BBC.
Being Built from photos
The 68ft (21m) pilot cutter is being created by a team of shipwrights in...
Can You Name this Ship Part?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here.
If you have any picture based or text based challenge...
New Standard with Revised Bunker Contract
CROSS INDUSTRY GROUP SETS NEW STANDARD WITH REVISED BUNKER CONTRACT
Overview
BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on May 2. The BIMCO Bunker...
Tipping the Balance – Container Ship Subsidies
In light of the recent comment made by Maersk’s CEO Soren Skou regarding container ship subsidies let us approach the scenario in depth. While Maersk advices for a more competitive approach which rakes of...