First Test Area for Autonomous Ships Opened in Finland
The first test area for projects related to autonomous shipping has been opened in Finland.
As informed, the test area is the first one in the world to be globally open to anyone wishing...
World’s First Rigid Sail and Solar Power System to Prepare for Sea Trials
Eco Marine Power (EMP) announced in late July it has begun preparing for sea trials of its Aquarius Marine Renewable Energy (MRE) solution in co-operation with strategic partners and ship owner Hisafuku Kisen K.K....
How Hackers are Targeting the Shipping Industry
When staff at CyberKeel investigated email activity at a medium-sized shipping firm, they made a shocking discovery.
"Someone had hacked into the systems of the company and planted a small virus," explains co-founder Lars Jensen....
Global Shipping Industry Bouncing Back from Worst-ever Crisis
The hulking container ships that transport sneakers, bananas and barbie dolls around the world keep getting bigger. So are the companies that own them.
A massive consolidation is underway in the US$500 billion global industry...
Tanker Aground on Volga-Don Canal
On August 17, a tanker reportedly ran aground in the Russian inner waterways.
What happened?
A product tanker ‘VALAAMS’ reportedly ran aground in the Russian Inner waterways. The incident occurred on Volga-Don Canal in Varvarskoye Basin....
Tanker Grounding, River Thames
On August 16, a product tanker reportedly ran aground on the banks of river Thames.
What happened?
On the evening of August 16, the product tanker ‘Arsland’ reportedly ran aground on River Thames, United Kingdom.
The grounding...
Freight Rates in Americas Surge as Cargoes Met by Thin Tonnage
When charterers in the Americas brought several cargoes onto the market at once Wednesday, they were met by an extremely short position list and freight rates jumped to a four-month high as a result.
For...
AP Moller – Maersk to Lose $200-300m from Cyber-attack
AP Moller-Maersk Group is expecting to take a $200-300m hit for its full year earnings in 2017 due mainly to lost revenue in July as a result of a crippling cyber-attack.
The negative results will...
LR Joins Project to Build World’s Biggest Sailing Cargo Ship
LR has joined the Quadriga sustainable shipping project – an initiative from Hamburg-based Sailing Cargo, which aims to build the world’s biggest sailing cargo ship.
The project outlines a plan to build a 170-meter...
Crew Airlifted After Ship Catches Fire, Remains Adrift at Sea
On August 13, a fire reportedly erupted in the cargo hold of a bulk carrier and remains adrift off Las Palmas in the Canary Islands, Atlantic Ocean.
What happened?
The bulk carrier ‘Cheshire’ was enroute from...