Tanker Slams into Lock Gate, Catches Fire
On June 12, 2017, past 6 a.m. the "Kraichgau II", slammed into the collision shelter of the Schwabenheim lock on the Neckar.
What happened?
The ship was unable to stop in time due to an...
30,000-ton Chemical Tanker Runs Aground
The chemical tanker Chemroad Journey ran aground in South China Sea on 28 nautical miles south off Phu Quy island in Vietnam.
What happened?
The vessel was en route from Saudi Arabia to China, carrying...
Has the Panama Canal Expansion Lived Up to the Hype?
As the expanded Panama Canal nears its first anniversary, more East Coast ports are receiving record-breaking containerships. However, there are concerns a lack of resources in Panama has resulted in fewer of the larger...
New Environmental Regulations to Impact Maritime Industry
Recently, President Donald Trump announced to the world his decision to pull the U.S. from the Paris climate accord, but a little-discussed change in the sulphur content of marine fuel oil is likely to...
Big Data, Big Shipping Benefits
Shipowners are seeing the benefits of IT investment and big data analytics in lower fuel bills and improving operational uptime of their ships.
News from Nor-Shipping shows that ship managers and operators are improving their...
Hapag-Lloyd, UASC Shipping Merger Weathers Qatar Row
Hapag-Lloyd's merger with United Arab Shipping Company (UASC), which is owned by six Gulf states, will proceed as planned, despite the diplomatic rift between Qatar and its neighbours, according to a report.
No indication of...
World’s Only Engineless Sailing Cargo Ship Leaves River Tyne
The Tres Hombres, which became stranded off Whitey Bay last Sunday and was helped to safety by RNLI crews, left North Shields after a six-day stay.
This is the moment the world’s only engineless sailing...
Sliding Container Ship Charter Rates Signal Capacity Restraint
Container ship charter rates are sliding or stalling, depending on the size of vessel, as the robust rally that began in February fizzles out, signaling that container lines are continuing their efforts to keep...
IMO Frames Autonomous Ship Rules
IMO’s Maritime Safety Committee (MSC) has launched meetings to discuss a wide array of rules targeting enhanced maritime safety, among them rules for safety regarding autonomous ships.
IMO Secretary-General Kitack Lim opened MSC’s 98th session...
Bank Ship Finance into Greek Shipping has Contracted
Bank Ship financing Retreats As Owners Turn to Other Forms of Finance
Bank ship finance into Greek shipping has contracted by 8.77% during 2016. This is the biggest contraction since 2009. This should be seen...