ClassNK e-Certificate: World’s First Electronic Certificate Service

Leading classification society ClassNK will commence operation of the world’s first comprehensive electronic certificate service for classification and statutory certificates from 15 June 2017. The service, ClassNK e-Certificate, will first be made available to...

Is Container Shipping on the Mend?

A new report from Drewry’s investment research arm, Drewry Financial Research Services Ltd., examines the financial health of the global container shipping industry. Independent assessment: In the report, Container Shipping - A Financial Health Check -...

Marine Pilots Shortage May Affect Ship Movement in Major Ports

Shortage of marine pilots is likely to impact ship movements in major ports, unless the Shipping Ministry steps up efforts to strengthen the marine services commensurate with the growth in ports. Poaching of pilots by...

Bolts Holding Mooring Ropes Sheared Off Resulting in Fatality

Transport Malta has issued safety investigation report into the mooring equipment failure and subsequent fatality of a shipyard worker on board the Cyprus registered ro-ro passenger GALAXY in Valletta, Malta on 18 January 2016. The...

Bulk Carrier Loaded with Soy Stuck at Santos Port

On Monday, a ship reportedly got stuck in the seabed at a port. What happened? A ship carrying at least 30,000 tonnes of soybeans got stuck on the seabed when loading the grain at the Santos...

Manslaughter Charge! Second Officer Controlled the Ship

The documents seized from Amber L, the vessel that hit an Indian fishing boat off the city coast, killing two fishermen, has revealed that the second officer was controlling the ship at the time...

Maersk’ Offshore Ship Radioactive Hazard

Partially dismantled offshore processing ship North Sea Producer at Bangladesh ship breaking yard was found to be radioactive and possibly dangerous for workers. Radioactive substance found: Radioactive substances were found in inside pipes, with radioactive level above...

Amid Signs of Life in Global Shipping, Some Stocks Score Big Gains

The shipping industry, which has ailed for years, is finally showing signs of recovery. The sector has struggled with overcapacity, price wars and freight rates far below break-even levels. Now, thanks to the improving global...

Bracewell: Private Equity Investors Buy the Dip!!

The recent dip in oil prices may give private equity investors a window to acquire assets as publicly listed companies take a pause after a flurry of activity earlier this year. Austin Lee, an...

SITC Adds One More and Cements Top 20 Liner Position

China’s SITC continues its rapid fleet build up, cementing its position as the nation’s largest private boxline. With the acquisition of the 1,043 teu from Germany’s Harmstorf, SITC, an intra-Asia specialist, is now a...