Maersk Tankers Tests Wind Power to Fuel Ships
Wind power to cut fuel consumption by up to 10%
30-metre tall metal cylinders installed to work as mechanical sails
Yearly savings of as much as $365,000 per vessel that sails 250 days/year...
‘Ghost’ Container Ship Runs Aground in Gulf of Martaban
On August 28, in an eerie incident, a ghost container ship with no crew members ran aground near the Gulf of Martaban.
What happened?
The ghost container ship ‘Sam Ratulangi’ ran aground near the mouth of...
Oil Seen Getting $4 a Barrel Boost on Tough New Ship-Fuel Rules
New regulations to curb pollution from the world’s shipping fleet could lift crude prices by $4 a barrel when the measures come into effect in 2020, according to a Bloomberg survey of 13 oil...
Scrubber – An Incomplete Solution
Scrubbers releases soot, un-burnt oil and metals
920,000 tons of sulfur and 90,000 tons of soot from the air to water
Princess Slug deposits at port
Officials avoid disclosure of the incident
The...
Star Bulk to Acquire Seven Dry Bulk Vessels
Star Bulk Carriers Corp. has entered a definitive agreement with E.R. Capital Holding GmbH & Cie. The global shipping company focusing on the transportation of dry bulk cargoes, will acquire three (3) firm operating...
Lloyd’s of London Makes Quiet Entrance Into Crypto Insurance Market
Lloyd's of London, the centuries-old insurance marketplace, is quietly providing cover against the theft of cryptocurrencies.
Announced Tuesday, Kingdom Trust, a qualified custodian of some 30 cryptocurrencies and tokens, is enhancing its safe-keeping services with...
Confessions of a Superyacht Stewardess
Summertime is the time for business for most luxurious superyachts as all of them will throng the harbors of the Dalmatian Coast, French Riviera and Amalfi Coast. In times like these, you would want...
Cargo Onboard Sinks the Ships
On average, ten “solid bulk cargo” carriers have been lost at sea each year in the last decade.
Cargo contents
Solid bulk cargoes – defined as granular materials loaded directly into a ship’s hold – can...
IMO Sep 1 Deadline! Submit Data Collection Plan
Verifavia, a leading emissions verification company for the transport sector (aviation and shipping), has urged ship owners and operators to submit their data collection plans to verifiers by the recommended IMO deadline of September...
42 Ton Port Anchor Slipped into the Sea
On August 29, Indian navy assisted a Norwegian ship in distress, stuck in piracy infested waters of the Gulf of Aden.
What happened?
The Indian Navy helped a Norwegian ship manned by an all Indian crew,...