Diana Enters Time Charter Contract for Capesize Vessel
As per media reports, Diana Shipping Inc. has signed a time charter contract with the Singapore based Koch Shipping Pte. Ltd for their capesize dry bulk vessels, the m/v Baltimore. The company which specializes...
Asia LR2 Freight Rate Above LR1
After a hiatus of almost three months, the East of Suez Long Range II or LR2, were commanding upon Worldscale points, a puny premium rate over the Long Range I or LR1, as tight...
DNV GL to Take Hull Performance Beyond ISO 19030
PPG, a global leader in protective and marine coatings, and the global quality assurance and risk management company DNV GL, have signed a collaboration agreement focused on operational data analysis using DNV GL’s next-generation...
HMM Opts for Scrubber Ready Mega Containerships
The shipping company HMM has planned to order 12 containerships of 20,000 TEU and 8 containerships of 14,000 TEU capacity to be deployed in the Asia-North Europe and US East coast.
The company has embarked...
Greece Aims to be Marine LNG Hub
The Maritime giant Greece is planning to conquer the much coveted position of being the regional marine bunkering and distribution hub for liquefied natural gas (LNG) in the Eastern Mediterranean through the European Union...
DNV GL Announces New Scrubber Notation
ER class notation - a natural complement to DNV GL’s Scrubber ready notation
Released in 2016, helps new buildings for scrubber installs
Allows for a smooth and cost-efficient scrubber retrofit
The shipping industries push...
Improper Digital Chart Leads Vessel To Run Aground
Summary:
On 13 May 2017, the Maltese registered bulk carrier Universal Durban, while on passage from Bell Bay, Tasmania to Bintulu, Malaysia, ran aground on a shoal at 12 knots, South of the island of...
A New Safety Issue for Ships?
There has been a rise in recent years in the number of hybrid and full-electric vessels in the maritime industry. Estimates suggest that almost all commercial vessels will soon house some form of electric...
Boat Drones Propel One of China’s Hottest Startups
One of China’s emerging startup ‘Oceanalpha’ has proposed to build the World’s first autonomous cargo ship.
Project Cloudrift
The proposal to build an autonomous cargo ship by company has already set the ball rolling to create...
Problem Bunkers in Netherlands Antilles Similar to Houston Bunkers
In the last two days we have received reports of fuel pump seizure from two vessels which received bunkers in the Netherlands Antilles (Aruba and Wilemstad). Both supplies were from a single supplier. Additional tests...