3D Printing Could Decimate Container Shipping
3D printing is the future of the shipping industry and it's going to take up the shipping sector by a storm, reports Ships & Ports.
The coming decade will witness 3D printing decimating the...
Can You Name this Ship Part?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here.
If you have any picture based or text based challenge that...
Overview of the Contamination Incident from Bunker Fuels in Houston Area
We had earlier reported that we had subjected the scrapings from seized fuel pumps of vessels using the Houston area bunkers to FTIR analysis. We noted the presence of large quantities of acids and...
The New ConTex – a Benchmark for the Container Market
The ConTex (Container Ship Time Charter Assessment Index) has been published by the Hamburg Shipbrokers’ Association (VHSS) since October 2007. In May 2010 the Index has been expanded and renamed to New ConTex.
The...
Deutsche Bank to Divest $1 billion Shipping Loan Portfolio
The Deutsche Bank a major portion of its non-performing ship loan portfolio, with face value of $1 billion to Oak Hill Advisors and Varde investors, reports Reuters.
Return to transport lending
Over the years, the bank...
NYK-operated Ship Recognized for Contribution to Marine Weather Forecasts
NYK-operated Taharoa Destiny, a vessel dedicated to the transport of ironsand slurry,* was recently awarded the Meteorological Agency’s Director-General Award for the contribution the ship has made to meteorological business development by observing marine...
The Struggle to Make Diesel-Guzzling Cargo Ships Greener
Unlike vehicles and power plants, cargo ships remain conveniently out of sight to most of us. Yet shipping is the linchpin of our modern economy, moving about 90 percent of all globally traded goods,...
Earthquake Rocks Osaka! Bunkering Not Affected
On June 18, Osaka was rocked by a strong earthquake that hit the western coast of Japan but bunkering operations at the port were not affected.
What happened?
In the early hours of June 18, Osaka...
On the Waterfront: Rogue Wave Survivor Renamed
A cargo vessel which was deemed as a rogue wave survivor has been renamed and is tasked with loading logs for China.
What happened?
In early 2012, a 610 foot long cargo ship earlier known as...
Generator Fire on Freighter
On June 18, a bulk carrier freighter caught fire due to a generator fire which erupted onboard the vessel.
What happened?
The 1,013 foot bulk carrier freighter ‘Paul R. Tregurtha’ was ablaze due to a generator...