Bunker Fuel Contamination of Cargo
The UK P&I Club informed about a bunker fuel contamination incident onboard a general cargo ship, during loading a bulk cargo, providing a description of what happened and important lessons learned, to prevent similar accidents...
Hanjin Assets Won’t Satisfy Creditors
South Korea’s Hanjin Shipping, which faces credit claims totaling around $10.5 billion, has raised only a fraction of that amount from asset sales since its bankruptcy last August.
The company, formerly one of the world’s...
China’s Oil Imports a Boon for Tanker Owners
The emergence of China as a leading global force in trade has seen shipping among the leading beneficiary industries. So far, this effect was more pronounced in the dry bulk trades, but lately, it’s...
Idle Fleet Sticks Despite Strong Cargo Demand
The idle container ship fleet has crept slightly higher even as strong cargo demand across all liner trade lanes continues to spur activity in the charter market, according to industry analyst Alphaliner.
First-half container volumes...
Billionaire Paul Allen Finds Wreckage of World War II Naval Ship in the Pacific
The wreckage of U.S. Navy cruiser, lost during World War II, was found Friday by billionaire philanthropist Paul Allen and a team of researchers.
The vessel, the USS Indianapolis, was destroyed by a Japanese submarine on July...
Upcoming Technologies – Is it a Friend or Foe for Shipping?
Maritime business, though pivotal in running the world economy, is surprisingly late and slow in implementing and adapting to technological advancements. The current trend is not expected to be the same. As technological advancement...
Emissions at Historic Lows with Cargos at Historic High
The Port of Los Angeles achieved record clean air gains while moving more cargo than ever, according to the Port’s 2016 Inventory of Air Emissions. Released the annual report also shows the Port surpassed...
Burning Freight Ship to be Brought Under Control
The freight ship that caught fire last week is still out of control and is currently adrift at Sea.
What happened?
The freight ship ‘MV Cheshire’ reportedly caught fire last week with 42,000 tonnes of fertilizer...
Three Dead, Six Missing in East China Ship Collision
On August 19, 3 people were reported dead and 6 missing after two cargo ships were involved in collision in China.
What happened?
The accident occurred in the early hours of Saturday, the cargo ship "ANDASHENG"...
EAL Lube’s: A Myth or A Fact
Effective 19th December 2013, Vessel General Permit (VGP) had released a circular stating that only EAL type oils need to be used in all the Oil-Water interface systems which includes Stern Tube, Bow Thruster,...