Reduce Ship Accidents with STM in ECDIS
The ECDIS validation project created by EU part-funded STM (Sea Traffic Management) aims to reduce the workload for crew members and also decreases the risk of accidents.
System features
The Baltic Navigational Warning Service system sends...
Cargo Vessel Detained on Court Order
On April 9, a cargo vessel was detained at a port in India for misappropriate finance in business transactions.
What happened?
The cargo vessel ‘MV Theometor’ was detained at the Paradip port following orders issued by...
Gold Galleon Hackers Target Maritime Shipping Industry
Researchers have found that Nigerian hacking ring, targets on maritime shipping firms to try and steal millions of dollars on an annual basis, reports ZDNET.
E- Threats
On Wednesday, security experts from the Secureworks Counter Threat...
Huge Disruptions Coming with 2020 Low-sulfur Shipping Rule – IEA
The shipping industry and oil refineries are not doing enough to prepare for new rules cutting the amount of sulfur that vessels can emit from 2020, according to the head of the International Energy...
[Watch] 2.5 Million Bricks Makes The World’s Largest LEGO Ship
In recent Guinness World Record News, a Hong Kong tourism company has made its mark by making a large scale LEGO replica ship, celebrating its newly built 18-deck, 151,695-ton cruise ship.
The result was the...
Lukoil Plans to Produce up to 480,000 mt/year of 0.5% Sulfur Bunker Fuel
According to a news report published in Platts, the Russian oil company Lukoil is planning to produce 30,000-40,000 mt/month, or 360,000-480,000 mt/year, of 0.5% sulfur bunker fuel after sulfur emission limits for the shipping...
Diana’s Time Charter Contract
Diana Shipping Inc has agreed to extend their present time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Santa Barbara, through a separate wholly-owned subsidiary,...
Baltic Dry Indices: Week 15 Technical Commentary
HANDYSIZE
For Week 15 the Handysize Index gave us a gap down and a 10-point fall to close at 628. Being firmly into our support ideas of 625 - 630, we're watching this area for some...
16 Sailors Stranded Off UAE for Over a Year
Fifteen Indian sailors and one Pakistani seafarer are stranded onboard a tanker 15 miles off the UAE due to a legal dispute involving the ship owners.
What happened?
The sailors are stranded onboard the vessel ‘MT...
Lifeline Ship to Return as Anti-piracy Armory
The RMS St. Helena, deemed as Britain’s last working postal ship for nearly three decades has been provided with a new leash of life.
The vessel is scheduled to serve as a floating armory, packed...