IBM to Set a Trial Blockchain Network in Singapore
Extending its efforts to bring distributed-ledger technology to shipping industries, IBM Corp. announced Tuesday a trial blockchain network in Singapore for supply chain management.
The trial is with Singapore-based shipping company Pacific International Lines Pte...
Rotterdam to Singapore VLCC Freight Jumps on Fuel Oil Fixture
The Rotterdam to Singapore freight rate for VLCCs jumped Monday to a lump sum of $2.55 million on a fuel oil fixture East, from a rate of $2.4 million last week.
The As Suwayq was...
LNG Tankers Heading to Britain, Belgium and the Netherlands
The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the coming weeks. The vessels carry gas to Europe’s most active markets and include cargoes delivering...
ABB’s Onboard DC Grid Enables Integration of Energy Storage
ABB will optimize the safety and environmental credentials of a new Louis Dreyfus Armateurs wind farm Service Operation Vessel (SOV) by installing Onboard DC Grid power distribution to enable the cost-efficient integration of batteries....
Digital Solution at Port of LA to Cover Terminals, Carriers
The Port of Los Angeles and GE Transportation are expanding their digital solution program, designed to keep cargo flowing efficiently, to include all container terminals and shipping lines at the port.
The parties have agreed...
Why are so Many Navy Ships Crashing?
The US Navy is facing difficult questions about the health of its fleet in the aftermath of the USS John S. McCain's collision with an oil tanker east of Singapore on Monday, the latest...
Potential for Container Shipping Profitability in Danger
Having been dormant for over 18 months the containership orderbook could be about to jolt back to life as CMA CGM is reportedly on the verge of signing an order for nine 22,000 TEU...
Record Panama Canal Transit by CMA CGM Theodore Roosevelt
The Panama Canal welcomed the largest capacity vessel to ever transit the Expanded Locks on Tuesday, the CMA CGM Theodore Roosevelt. The neo-Panamax container ship, which began its voyage from Asia, will be making...
Seafarers’ Plight Overlooked
Seafarer welfare charity Apostleship of the Sea says that the CSCL Jupiter became a tourist attraction when it ran aground in Antwerp on August 15. Local press reported onlookers climbing onto the sand bank...
Container Ship Catches Fire, Loses Engine Power
On August 21, a container ship reportedly caught fire after an explosion and lost its engine power.
What happened?
In the late hours of August 21, the Container ship ‘Maersk Pembroke’ caught fire after suffering from...