France and Italy in Row Over Shipyard
The French and Italian governments remain at odds over the ownership of France's biggest shipyard.
Last week, the French government nationalised the STX France shipyard at Saint-Nazaire on the Atlantic coast to prevent a majority...
[Watch] Cruise Ship is Slammed by Monster Waves
CRUISE ships are built for extreme weather but one worker was scared the boat would ‘tip over’ when it was hit by monster waves.
Disclaimer: This video is intended for informational purpose only. This may...
NTSB Issues 2016 Safer Seas Report
Fatigue, distraction and underestimating strong currents are among the top hazards for workboats cited in the National Transportation Safety Board’s Safer Seas 2016 report released on 27th July 2017.
The annual review of major maritime accidents looks back at...
MOL Hails Intensive Chartering Activity in the Dry Bulk
In the global economy during the fiscal year under review, overall, there has been increased vibrancy over the second half of 2016, notably in the U.S. and China. The U.S. economy maintained a trend...
Batteries with Twice the Life
BATTERIES WITH TWICE THE LIFE AND HALF THE CHARGING TIME – TOYOTA FILES PATENTS
In a breakthrough in research, Toyota claims it can sell cars equipped with solid state batteries which will run much longer...
With More Ships in the Arctic, Fears of Disaster Rise
When the Crystal Serenity, a 1,000-passenger luxury liner, sails in August on a monthlong Arctic cruise through the Northwest Passage, it will have a far more utilitarian escort: a British supply ship.
The Ernest Shackleton, which normally...
Deepening Recession! 62% of Shipyards Worldwide Shut Down
With domestic shipbuilders suspending the operation of their docks due to ongoing sluggish demand, six out of 10 dockyards worldwide have shut down in the past nine years.
According to a report from U.K.-based shipping...
Owners of Modern VLCCs Could See Rates Blip in Market
Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but freight rates, especially for older and newly delivered ships, will remain under pressure, brokers...
Dry Bulk Market: Confidence is Growing Among Ship Owners
Things are shaking up in the dry bulk market of late. In its latest weekly report, shipbroker Intermodal said that “after an admittedly challenging 2016, the Dry Bulk market kicked off this year on...
Titanic Secret: Wooden ‘Life Raft’ That Saved Kate Winslet
A fragment of wood panelling from the Titanic, inspiration for the life raft that saved Kate Winslet in the Oscar-winning film, is to go on display in Britain for the first time.
Debate has raged for...