Spliethoff’s Six Ships to Get Scrubber and BWTS
A contract has been signed between BLRT Grupp and the Dutch shipping company Spliethoff's Bevrachtingskantoor for modernization of F-type ships with a deadweight up to 12,500 tons.
Key Points of the agreement
The highlights of the...
The Quiet King of Japanese Shipbuilding Expands its Empire
It buys more steel than any other Japanese company except Toyota Motor, and its shipbuilding dominance is such that rivals Mistui and Mitsubishi group are now turning to it for help.
Yet the inner workings of...
Greek Vessel Owner Pays $166,000 as Pay Arrears to Crew Members
Over the weekend, a greek owner was ordered to pay $166,000 as pay arrears to crew members over non-payment of salary.
What happened?
In a case of neglect, the Ukrainian crew members of car carrier ‘Sea...
Leaky Lubricant Distributor Disables Engine Off Fair Isle
On February 17, a cargo vessel was reportedly stranded at Sea after it suffered an engine failure, resulting it to be towed to safety.
What happened?
The cargo vessel ‘Kristine Bonnevie’ was enroute from Hanstholm with...
Walk on Tipping Doors Turns Fatal, Man Overboard
Summary:
On 23 June 2016, Scott Rennie, a deckhand on the scallop dredger King Challenger (Figure 1), fell overboard from a scallop tipping door. He was not wearing a lifejacket. The vessel was 12 nautical...
China’s New Tool in Becoming a Global Maritime Power
China began 2018 by making important strategic moves in the shipping industry. On January 10, COSCO Shipping Development, COSCO Shipping’s leasing finance arm announced a plan to establish a shipping fund with state-controlled China Cinda Asset...
Bulk Carriers Held Up in Burnie Port
Up to five merchant ships were seen anchored near Burnie Port on Sunday as they made way for the Norwegian Jewel cruise ship.
The bulk carriers included those used for logs, woodchips and fertiliser.
The Norwegian...
Hedge Funds Make Bets on Shipping Stocks Grappling for Recovery
Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675-million on signs of renewed buoyancy in the industry.
Hedge funds made initial forays...
Moving as ONE (Ocean Network Express)
ONE, an unified ocean network system seeks to combine the strengths of 3 Japanese shipping giants.
It’s designed to meet the customers’ needs by innovative out of the box thinking.
This strategic integration...
Rescue of 1,200 Tonne Cargo Ship Off Skye
The 65m long cargo ship, CEG universe carrying 1200 tonnes of cargo was rescued by lifeboats down the coast of Skye.
What happened?
The vessel carrying 1200 tonnes of road salt to Gairloch, was heading through...