Every day, dozens of oil tankers -- some as long as five football fields are set sail for ports around the world carrying millions of barrels of crude and a piece of paper that...

Over the course of 2017, VLCC tanker values exhibited price depreciation for the second consecutive year, as the market fundamentals put pressure on earnings. Newbuilding contracts averaged US $82.8 million (basis Korea/Japan), a decline...

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, broke a six-day winning streak on Tuesday, fell below average lower rates for capesize vessels. Index Factors The overall index, which...

By David Foxwell Every week seems to bring news of another new potential application of unmanned aerial vehicles or drones. The last couple of weeks were no exception. Until now, most of the attention is focus...

The IMO NCSR Sub-Committee has approved the Danish Maritime Authority’s proposal for new ships’ routeing measures, thereby bringing new routes in the Skagerrak and the Kattegat one step closer and enhancing safety of navigation. Because...

A shipping company based in Monaco was fined more than $2 million and one of its employee was convicted on charges of causing pollution by a tanker. What happened? The company Sea World Management & Trading...

On February 28, one person was killed and another was injured, when a cargo ship exploded in Turkey. What happened? A Liberian flagged dry cargo vessel ‘Mümtaz Amca’ was four miles off the Coast of Sinop,...

The adoption of predictive analytics for port operations is proving increasingly popular, as the technology can help ports achieve better unloading and offloading times and less truck idling. But despite successful case studies in...

Helicopter Underwater Egress Training or HUET is a safety course that will train you to safely exit the aircraft in the event of an emergency. Disclaimer: This video is intended for informational purpose only. This...

By James Catlin Overview An oversupply of container vessels has plagued the market over the past couple years. But late 2016 through the first half of 2017 saw robust demand for these ships as the global economy...