Global Shipping’s $231 Billion CAPEX Needs
The global newbuild ship orderbook has fallen to a historical low of 10% but the global shipping industry’s US$231 Billion CAPEX requirements remain enormous and far exceeds the combined US$191 Billion market capitalisation of all the world’s listed shipping...
ABB Adds 20 Years’ Service Life to Icebreakers
The modernization of CCGS Pierre Radisson has been successfully completed in an upgrade program that will ultimately cover 10 ships in the Canadian Coast Guard fleet.
ABB has successfully concluded the first modernization on a...
Containership Trio Highlight Upturn in Activity at Gibdock
Gibdock’s success in attracting German shipowners to its facilities for shiprepair work continues to grow, with three German containerships docking at the Gibraltar yard within a six-week period during the last quarter of 2017....
Marine Surveyance
A marine surveyor is “a person who conducts inspections, surveys or examinations of marine vessels to assess, monitor and report on their condition and the products on them, as well as inspects damage caused...
The Greek Shipowning Strategy – Buy Before the Market Goes Up
The Greek business owners believe in the saying that buy before the market conditions go up.
This was stressed further on in the “Invest in Greece” Forum held last week in New York.
Key points highlighted:
The...
The Absolute Worst Cruises You Shouldn’t Waste Your Money On
Cruises are expensive, especially if the whole family is coming along. You want to make sure you’re picking the best cruise within your price range and really getting a lot for your money. These are...
[Watch] Why a Giant Crack in Antarctica is Growing so Fast?
There's a giant crack in Antarctica's Larsen C ice shelf that's growing at an alarming rate. Now, scientists think they have the answer, and it points to a much bigger problem.
Before 2014, the giant...
Fatal Recreational Drug and Cold Water Shock
The UK MAIB has issued report regarding the loss of a crewman overboard from the fishing vessel Our Sarah Jane (NN710) in the English Channel on 9 June 2016. His body was not recovered.
The...
Reduce the Risk of Ship Detentions
As a part of ECDIS compliance by national hydrographic office and chart producer, the ship owners can now reduce the risk of vessels being detained.
Revised edition:
The United Kingdom Hydrographic Office (UKHO) has currently published...
Seafarer Exploitation Exposed
The International Transport Workers’ Federation (ITF) has found a Flag-of-Convenience (FOC) vessel reportedly underpaying its crew members by exploiting them.
What happened?
The Bahamas-registered Flag-of-Convenience (FOC) vessel ‘Diana’ was inspected by International Transport Workers’ Federation (ITF)...