Class Societies Home in on Fuel Cells and Methanol
Class societies’ work with alternative fuels, from LNG to methanol and fuel cells, will boost their use within the cruise ship and ferry sector
Class societies are focusing on the use of new alternative power...
Hovensa Restart a Bet on Marine Diesel Demand
The company ArcLight Capital is contemplating on betting based on a brief surge in sour crude margins as it will recoup a $1.4bn investment in an idled Caribbean refinery.
The investment firm's pitch this month...
[Watch] Cargo Ship Sinks Off Permatang Damar Laut
On July 26, a fishing vessel sank in the waters of Permatang Damar Laut after it collided with the remains of another vessel.
What happened?
The fishing vessel ‘Xin Yi Yi’ with six crew members were...
Three Port Workers Died Poisoned by Gas in Cargo Hold
On July 24, three port workers died and one worker was hospitalized after they inhaled toxic gas in a cargo hold.
What happened?
The vessel ‘Sepetiba Bay’ was docked at the Portocel port for unloading wood....
Eagle Bulk Acquires Ultramax Vessel
The 2014 built SDARI-64 ultramax bulk carrier has been purchased at a price of US$21.2 million.by Eagle Bulk Shipping Inc., theUS-based operator of dry bulk vessels, reports the DryBulkMagazine.
The vessel, which will be...
Diana Completes Sale of a Post-Panamax Container Vessel
NASDAQ reports that Diana Containerships Inc has completed the sale of its Post Panamax vessel the m/v Hamburg. The company announced on Tuesday that it has completed the previously announced sale of one of...
Dual Fuel Ships for COSCO
On Wednesday, the Global Technology company Wartsila said that China’s COSCO Shipping Energy and COSCO Shipping Bulk have ordered new builds with engines that allow for conversion to dual-fuel operation to prepare for upcoming...
Drewry: Current State of Ocean Shipping
As the 2M Transpacific partners begin cutting back on service, “overcapacity” is again to blame, but some prominent ocean shipping analysts take issue with this contention. Philip Damas, head of Drewry’s Supply Chain Advisors, notes in...
Merchant Marine Story Widely Misunderstood
Norman Palmer is correct regarding the song of the Merchant Marine not being played at the concert and the facts about the USMM’s role in WWII. They did have the highest casualty rate of...
Scrubber Advisory Update for Global Sulfur Cap Compliance
The ABS scrubber advisory board has updated the ABS Advisory on Exhaust Gas Scrubber Systems (Scrubber Advisory) by providing deeper insights into installation and operational considerations for existing vessels.
Global Sulfur compliance
ABS Senior Vice President...