Scorpio Acquires Six Dry Bulk Ultramax Vessels
Scorpio Bulkers Inc. announced that it has entered into an agreement with an unaffiliated third party to acquire six Ultramax dry bulk vessels for $142.5 million in the aggregate, which will be funded by cash...
Damen Tanker 8000 Shallow Draft Launched
On 20 September 2017, the first DAMEN Tanker 8000 Shallow Draft (DT8000 SD) was launched at DAMEN Shipyards Yichang, China.
In direct response to the market, this tanker is built on stock and will be...
Dry Bulk Recovery – Focus on Iron Ore
By James Catlin
Summary:
2017 can be seen as the beginning of a much awaited dry bulk recovery.
Capesize rates have surged over the past couple months, and are now well above average industry breakevens.
This...
Seagull’s Guide to Ballast Water Management
On the 8th September 2017, the International Convention of the Control and Management of Ship’s Ballast Water and Sediments (BWM Convention) entered into force. With a few exceptions, it will apply to all ships...
Greece to Step up Tanker Checks
The Greek government is promising urgent inspections of small coastal tankers, 11 days after an oil spill from a shipwreck left beaches on Athens' coastline polluted and off bounds to swimmers.
Unscheduled checks:
The Merchant Marine...
Drones Inspect Ship Tanks and Holds – MPA Singapore
In the latest issue of the Singapore Registry of Ships (SRS) E-Bulletin, the Maritime and Port Authority of Singapore (MPA) revealed that it conducted a trial for the inspection of ship tanks and holds using drones.
The inspection...
[Watch] Poor Tow Line on Severe Weather Leads to Grounding
UK MAIB issued an investigation report on the grounding of the semi-submersible rig Transocean Winner, on the Isle of Lewis, following the loss of tow from its tug, due to inclement weather. The report...
Mesmerising Video! A 12,000 Tonne Ship Docks in Grimsby
This is the amazing footage of a 12,000 tonne ship being guided into the heart of Grimsby docks like a thread on the eye of a needle.
Disclaimer: This video is intended for informational purpose...
Stowaways Hidden Inside Ship’s Refrigerator
On September 25, two stowaways who were found hiding inside the ship’s refrigerator for 13 hours were airlifted to hospital.
What happened?
The Kingsbridge Police received a distress all from a commercial passenger vessel situated off...
‘World’s Biggest, Most Powerful’ Nuclear Icebreaker Ship
Russia has floated out the world’s largest nuclear-powered icebreaker ship as the country moves to reinforce its leadership in the Arctic.
Crowds gathered to watch as the Sibir, designed to transport cargo along the Northern...