Tankers – A New Diesel Fuel Storage Option

Traders report that Vitol – The oil giant has booked two 90,000 tonne tankers off the coast of Britain to stock diesel volumes for extended periods of time.  Also, the Royal Dutch Shell is...

Iran Plans To Expand Its Fleet

Mohammad Saeidi, the head of the Islamic Republic of Iran Shipping Lines (IRISL), says that Iran will go for a fleet expansion campaign in a big way as soon as the sanctions engineered by...

ULCS Al Muraykh Reaches Zeebrugge in Its Maiden Voyage

The United Arab Shipping Company is currently the world’s 15th-largest shipping line, with a fleet of 56 vessels representing an overall capacity of 482,617 TEUs. In its ambitious program of expansion, it has ordered...

Toxic Pesticides Sprayed on Edibles Onboard Vessels

Fumigation of cargo, especially edible cargo with pesticides such as with methyl bromide could have disastrous health repercussions warns the West of England P&I Club.The IMO recommendations on the use of methyl bromide:   MSC.1/Circ.1358 Recommendations...

Exxon Exonerated From Additional Damages

The tanker Exxon Valdez, spilled 260,000 barrels of crude in Prince William Sound in 1989 which was the largest in U.S. waters and one of the worst environmental disasters caused by shipping.  Still there...

The US to Clean Up the Spanish Accidental Debris

US promises to clean up Spanish nuke accident after several decades.The U.S. and Spain have decided to remediate the coastal region of Spain.  The U.S. Secretary of State John Kerry has signed a “statement...

The Steel Industry Giant Axes 1200 Jobs in UK

Tata Steel is set to announce 1,200 job cuts at its plants in Scunthorpe and Lanarkshire after a series of job cuts in UK steel sector.Highlights:The steel price collapse filling the cheap Chinese imports. This...

[Largest] Watch The Shiplift in Action

https://www.youtube.com/watch?v=fW0_MmEO7o4&feature=youtu.be A shiplift is a modern alternative for a slipway, a floating dry dock or a graving dry dock. Watch the above video features the biggest shiplift that is in action.  It is supposed to be Krasnoyarsk...

APM Terminal Acquires 100% Shares of Grup Maritim TCB

APM Terminals – a part of the Maersk group, that operates in Shipping, Terminals, Energy, Tankers, Container Manufacturing and Supply Chain Solutions amongst others.  They provide port and inland services to 58 countries worldwide...

Canal Blocked – Vessel Grounded due to Loss of Propulsion

Accident : Vessel groundingDate : 19 October 2015Vessel Involved : Jo SpiritLocation : St. Lawrence Seaway near KahnawakePollution : NilOn Monday morning, the vessel ran aground blocking the South Shore Canal at St. Lawrence Seaway.  The report says that...