US Freighter Knocked Down Dutch Freighter’s Antenna, Kiel
General cargo vessel Ocean Freedom allided with already docked at Kiel-Holtenau Lock general cargo vessel Emma in the evening June 25.
What happened?
Ocean Freedom’s stern crane contacted with antenna on Emma’s upper bridge, knocking...
Pirates Tie Up Captain and Escape with 1.5 Million Litres of Diesel Oil
Armed pirates struck a Thai tanker ship last Friday in the waters off the Malaysian state of Pahang last Friday and escaped with 1.5 million litres of diesel oil.
What happened?
The loot was part of...
Freeing the Seafarers from Unending Paperwork – Frank Coles
A message from Frank Coles, CEO of Transas on the International Day of the Seafarer
On this day of recognition, I would like to celebrate the women and men who commit their careers and...
A Future View of Large Tankers
By Cmdr E. Platt
By then, the largest ships were around 230,000 dwt, but it was thought conceivable that future supertankers could reach the 1 million dwt mark, which would mean a length of 1,640ft,...
The Crooks Are Smarter Than We Are
By John Lohr
Summary
Bernie didn't invent securities fraud. There is a lot of history before him (and after him). Let's look at a brief history of securities fraud.
I can start in 300 A.D. and stop today,...
Asia Tankers-VLCC Rates Supported by Floating Storage
by Keith Wallis
Trafigura hires five VLCCs to store oil; short-term storage a profitable play.
Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for floating storage and crude...
Missing Cruise Ship Nanny ‘Had Sex With Man in Front of Female Lover’
Newly emerged police notes claim missing cruise ship worker Rebecca Coriam had sex with a male crew member in front of her on-board female lover.
Controversy surrounds the disappearance of the 24-year-old who vanished off...
Ballast Water Management: Is the Cure Worse than the Disease?
By Marco Monteverde
The 8 September 2017, the Ballast Water Management Entry Into Force, is fast approaching. While it defines a new approach to solve the current situation, it seems to create a new problem.
Ballast water...
World’s First Remote-controlled Commercial Ship Demonstrated
A captain from the global towage operater Svitzer was able to steer a 28 metre-long tug through Copenhagen Harbour, dock and undock at a quay, and turn the ship 360 degrees – without moving from the...
Finding Calm in the Storm: The Best Time to Adjust Strategy
OVERVIEW
There are ups and there are downs. Cyclical industries are characterized by factors sometimes out of their control.
Take energy: the industry was riding high on $110 a barrel oil in 2014. Less than a...