London Metal Exchange Propose to Buyout Baltic Exchange
The LME has approached the Baltic Exchange for a takeover bid.The Baltic Exchange is the world's only independent source of maritime market information for the trading and settlement of physical and derivative shipping contracts....
World’s First Guide For SOx Scrubber Ready Vessels
Classification society ABS has come up with the world’s first guide for SOx scrubber ready vessels. This comes at a time when more emphasis is laid on greener or zero emission technologies in the...
Most Modern Icebreaker To Use Wärtsilä 31 Engines
Guinness World Records have acknowledged Wärtsilä 31 engine as the world’s most efficient 4-stroke diesel engine. It will power a state-of-the-art new generation icebreaker being built on behalf of FSUE Atomflot, of ROSATOM, the...
Sprinkler Pipe Leak Puts Ferry Out of Service
Finnish ferry was forced out of service after water from a faulty sprinkler pipe damaged around 90 of the vessel’s cabins.October 10, Finnish ferry M/S Mariella operated by Viking Line faced a sprinkler pipe...
[Video] Madison Maersk Sets Record With 17,152 TEUs Onboard
https://www.youtube.com/watch?v=fW0_MmEO7o4&feature=youtu.be
The Maersk Triple E containers comprise a family of Very Large Containerships. Recently,
Madison Maersk, a Triple E class vessel, has set a record load of 17,152 Teus onboard the ship at the Port of...
Philippine Vessel Crew Prevents Piracy Attempt
Incident
: Piracy AttemptVessel
: M/V CeciliaDate
: October 10, 2015En route
: Davao to Santos CityThe crew members onboard the Philippine-flagged vessel, which was travelling off the Davao del Sur province, thwarted a piracy attempt.At the Scene:Eight men on...
US Navy(1775-2015) Celebrates 240 Years of Excellence
https://www.youtube.com/watch?v=fW0_MmEO7o4&feature=youtu.be13th October marked the 240th birthday of US NavyFrom everyday small feats to undeniably heroic efforts, the accomplishments and achievements of America’s Navy are vast and significant.
This same day in 1775 the Continental...
A New Raft Of Regulations For Cyber Safety
The 170 million GT, ‘A’ rated North P&I Club has warned its members to be prepared for a new raft of regulations for cyber security.
Apart from compromising the vessel’s safety, non-compliance will attract a...
The Fourth Container Terminal in Mumbai
Jawaharlal Nehru Port is India's largest and premier container gateway. The foundation stone for fourth container terminal was laid in Mumbai.
The Ceremony was attended by:Honourable Shri Narendra Modi, the Prime Minister of India...
[Shocking] Speed Thrill Killed Two
Two Young men died as they smashed into a church wall in Crowborough, East Sussex.Kyle Careford, 20, died along with friend Michael Owen, 21, as he drove Renault Clio and smashed into a church...