Panama Canal Reaches 103 Years Since its Opening
Construction of the Panama Canal at the beginning of the XX century.
The Panama Canal has contributed to the National Treasury more than $11.6 billion since it was returned to Panama in 1999.
The Canal celebrated...
Maritime Industry is Growing, But the Workforce is Aging
The owner of a private maritime-training school in Edmonds sees a lot of opportunity opening up in the industry for young people.
“What we’re finding in our industry is that we have too many people...
Tracking System Probably Switched Off, Says Expert
A state of the art warship like USS John S. McCain turns off the Automatic Identification System (AIS), such that no crucial information such as its identity will be known to merchant ships in...
Tanker Broke in Two, Two Ships Pushed Aground Off Hongkong
As of August 23, typhoon ‘Hato’ has been wreaking havoc on a number of ships in the Hong Kong waters.
What happened?
The typhoon ‘Hato’ as now now affected 4 vessel and resulted in the breaking...
Take Cyber Security Seriously or Face Regulation USCG Warns Shipping
As shipping moves towards innovations such as autonomous vessels the US Coast Guard (USCG) warns that the industry needs to take cyber security seriously to avoid regulation.
In the keynote at the Safety@Sea conference in...
Maersk Tankers Invests in CargoMetrics
Maersk Tankers said on Wednesday it has entered into an equity agreement with U.S. hedge fund CargoMetrics, giving it access to analytical models and algorithms to better manage its tanker operations.
Maersk Tankers, a unit...
Pilot’s Intention To Apply Ahead Propulsion Results in Girting
Summary:
The tug Domingue girted and capsized while assisting the container ship departing from the port of Tulear, Madagascar. As a result of the accident two of Domingue’s five crew died.
Domingue had been connected to...
IBM to Set a Trial Blockchain Network in Singapore
Extending its efforts to bring distributed-ledger technology to shipping industries, IBM Corp. announced Tuesday a trial blockchain network in Singapore for supply chain management.
The trial is with Singapore-based shipping company Pacific International Lines Pte...
Rotterdam to Singapore VLCC Freight Jumps on Fuel Oil Fixture
The Rotterdam to Singapore freight rate for VLCCs jumped Monday to a lump sum of $2.55 million on a fuel oil fixture East, from a rate of $2.4 million last week.
The As Suwayq was...
LNG Tankers Heading to Britain, Belgium and the Netherlands
The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the coming weeks. The vessels carry gas to Europe’s most active markets and include cargoes delivering...