Denmark Maersk Receives Advanced Subsea Vessel
China's Dalian Zhongyuan Shipping Engineering Co handed over its first self-developed deep-sea engineered vessel to Denmark's Maersk Line at Dalian, Northeast China's Liaoning Province on Monday, a sign of China's advanced marine manufacturing ability...
Varun Aframax Finally Finds a Buyer
Creditors have sold another ship that used to belong to crisis hit Varun Shipping. The 11-year-old Ocean Mare, an aframax tanker built at Hyundai Samho, has been sold at auction in Singapore, fetching $13.5m...
Japan, Indonesia to Study Ship-based Power Generation
The Japanese and Indonesian governments will research a plan to provide power to Indonesian islands through ships that generate electricity using liquefied natural gas (LNG).
The LNG power-generating ships are advantageous in that they can...
Batteries Cut Fuel Needs on Board Norwegian Supply Ship
Wärtsilä has completed installation of a hybrid energy system on board the Norwegian supply vessel Viking Princess.
This is said to be the first offshore supply vessel to feature batteries that reduce the number of...
Cargo Ship Hits Rock and Sank Off Taiwan Strait
On October 16, a cargo reportedly sank at sea after hitting underwater rocks.
What happened?
The cargo ship ‘QUAN HAI 88’ sank after hitting underwater rocks in Quanzhou prefecture waters, Fujian Province, Taiwan Strait. The vessel...
Ship Loaded with Scrap Detained at Sea
On October 15, a cargo was reportedly detained after it was found carrying hazardous cargo.
What happened?
The cargo ship ‘Seven Star’ was detained after it arrived Salerno, Italy. The ship, built in 1982, has a...
Moody’s Revises CMA CGM’s Outlook to Positive
The corporate family rating of French shipping major CMA CGM has been affirmed at B1, the probability of default rating at B1-PD and the rating of CMA CGM’s senior unsecured notes at B3, Moody’s...
Ship Trials in the Virtual World with CFD Simulation Technology
Today, we have several different options for assessing hydrodynamic performance. Empirical benchmarking, by searching databases for vessels with similar principle parameters, can be a quick and inexpensive way to assess a design. But the...
Collective Response on Low-sulphur Regulation Required
A collective response by stakeholders in the container shipping value chain was required to effectively address the critical challenge of meeting the new emissions reduction regulation set to take effect in just over three...
Failure To Pass Alert Patches Buoy Results in Damages
Summary
On 15 March, shortly after 23:00, Navios Northern Star was transiting the Prince of Wales Channel, Torres Strait, on an easterly heading towards the waypoint north of OG Rock. The coastal pilot’s cue for...