Wärtsilä’s 31DF Engine to Power a Polar Ice-class Cruise Ship

Wärtsilä LNG solutions featured on an environmentally advanced cruise ship which makes it much more efficient with minimal emissions. Pioneering Luxury Cruise Vessel The technology group Wärtsilä’s 31DF dual-fuel engine, emphasizes outstanding efficiency, extremely economical fuel...

Pacific Basin Rides Dry Bulk Recovery, Foresees Better Days Ahead

The Handysize and Supramax freight market indices in the year to date have followed a similar seasonal pattern as in recent years, although at a higher level as the demand-supply balance remains favourable. A...

Prosafe Wins £14 Million Clair Ridge Contract for BP

BP has awarded Prosafe a £14.3million contract to charter the Safe Zephyrus accommodation vessel at the Clair Ridge platform, saya a press release of Prosafe. The five-month contract will begin in May next year, with...

Bumi Armada Sends VLCC for Conversion

Malaysian FPSO specialist Bumi Armada has reportedly acquired a Very Large Crude Carrier from Ship Finance International says a news report. Buyer disclosed The sale of the VLCC was announced on October 1 by the owner...

Spot Market for Nordic Tankers Trebled

In a major development, Nordic American Tankers Limited New suezmax vessel was delivered to NAT today - impacting earnings and dividend capacity positively. Spot Market Tripled Recently, the tanker industry has suffered from deteriorating earnings, lower...

Bunker Surcharge Alert! OOCL Plan on Floating Bunker Formula

Over the years, the industry has seen an increasing amount of attention given to the environmental impact from the global supply chain, resulting in regulations on emissions control and environmental protection becoming more stringent...

Containership Allides in India

On October 13, a containership allided with the pier located at the Jawaharlal Nehru Port outside Mumbai. What happened? The CMA CGM containership identified as 'CMA CGM Mumbai' allided with pier located at the Jawaharlal Nehru Port outside...

[Watch] Container Ship Hits Pier in Mumbai

Navi Mumbai: A container ship hit the jetty at Jawaharlal Nehru Port (JNPT) today causing damage to a portion of the jetty, no major damage was caused. For more information, please visit here Disclaimer: This video...

Cargo Ship Sinks in Black Sea

On October 13, a vessel carrying metal scrap and flying under the Panama flag sunk in the Black Sea while its crew members were safely rescued. What happened? The Panama flagged vessel loaded with scrap metal...

Magnetic Compass Fails the Autopilot Resulting in Grounding

Summary On 10 April 2018, the 45.5 m landing craft Lauren Hansen was preparing for sea at Hudson’s Creek, Darwin, Northern Territory. The ship’s operator, Shorebarge, had chartered the ship for a voyage to Elcho...