The International Transport Workers’ Federation has welcomed wholeheartedly the outcome of the third meeting of the Special Tripartite Committee of the International Labour Organization held in Geneva. New amendment They have all agreed upon a new...

An letter of intent has been signed by Hurtigruten in association with Rolls-Royce to upgrade its nine cruise ships with a gas hybrid system. Environmental upgrade The Norwegian cruise ferry operator Hurtigruten and Rolls-Royce have signed...

On April 29, a container ran into a thermal oil system failure in its main engine and required assistance. What happened? The container ‘Max Producer’ loaded with 1991 metric tonnes of containers was enroute from Piraeus...

A massive cruise ship ran into a storm — and it turned into a nightmare for the poor passengers of Caribbean Cruise. Disclaimer: This video is intended for informational purpose only. This may not be...

A ferry owned by Norwegian operator Norled is the first in the world to experiment with autodocking technology. Equipped with Wärtsilä’s innovative autodocking system, the 83-meter ferry Folgefonn concluded three months of testing with harbor...

With the ongoing debacle with the ballast water management convention delayed even further after 14 years of haggling at the IMO, some shipowners might think that implementation of the 0.5% global sulphur cap might...

IBIA sets up new standard for suppliers to help better develop an IMO guidance. Following its participation in the IMO’s efforts, the first edition of IBIA’s, “Best practice guidance for suppliers for assuring the...

A slow demand in the marine market has led to the formation of a new bond between Wartsila and Rolls-Royce. The Finnish ship technology and power plant maker Wartsila missed its first-quarter earnings expectations on...

Last week proved to be disappointing for those who had expected a rally and had resulted in firming rates for VLCCs when we embarked on the MEG and West Africa May programme. Rates were at...

Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street...