Houston Fuels De-bunkered in Singapore Showing up in Singapore Bunker Supply Chain?

Technical Update 2018/7/26 Viswa Lab has received four cases of machinery problems with heavy fuel that were bunkered in Singapore in late May and June. There were two suppliers who supplied these fuels. The vessels experienced...

Virtual Ship Visits using VR from MOL

A new vessel View VR, a virtual reality system that allows for virtual ship visits, based on technology developed by NURVE was introduced by The TOKYO -Mitsui O.S.K. Lines, Ltd. In addition, a vessel's structure...

Global Shipping Charter Rates and Asset Values Continue to Strengthen

Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced today its unaudited results for the three months and six months ending on June 30, 2018. Second Quarter and Year To Date Highlights Reported operating...

West Africa: Cargo Fines

Bulk vessel that are trading in West African countries, especially in countries such as Benin, Togo and the Ivory Coast are increasing custom fines due to discrepancy between quantities manifested and the final stevedores’...

Australian Bank Used Blockchain to Ship 17,000 Kilos of Almonds to Germany

The Commonwealth Bank of Australia announced it has successfully completed a new blockchain-powered trade experiment at a global scale, as spotted by CoinDesk. The bank confirmed it tracked a batch of 17,000 kilograms (approximately 37,000...

Panama Canal Reaches 4,000 Neopanamax Transits

The Panama Canal which was inaugurated just over two years ago and at a cost of at least 5,600 million dollars has reached a new milestone of facilitating 4,000 neopanamax transits. The Canal expansion started...

‘Back to Normal’ After Ransomware Attack

The Chinese shipping giant Cosco has gotten back on track after it was affected by a ransomware cyber attack that left its North American operations crippled. Fully recovered A customer advisory issued by Cosco stated that...

Fuel Cells to Replace Shore Power for Ships

ABB (ASEA Brown Boveri) and Ballard Power Systems have entered into a collaboration will build zero emission fuel cell modules that can eliminate the need for costly shore power installations for ships at ports...

8 Containers Fall Off Cargo Ship, 3 Sink Near Virginia Port

On July 29, around eight containers fell into the sea from a cargo vessel during an offloading operation carried out at the Port of Virginia. What happened? The cargo vessel ‘APL Antwerp’ was docked near the...

[Watch] LNG Neopanamax Transit Through Panama Canal

The Panama Canal registered the transit of its 4,000th Neopanamax vessel through the Expanded Canal. The LNG tanker Maria Energy completed the transit on July 29 traveling southbound from the Atlantic to the Pacific Ocean. Disclaimer:...