Why Printers Add Secret Tracking Dots?

On 3 June, FBI agents arrived at the house of government contractor Reality Leigh Winner in Augusta, Georgia. They had spent the last two days investigating a top secret classified document that had allegedly...

Big Advantages Claimed for First Rectangular Scrubber

Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have jointly developed a large-scale rectangular marine scrubber that efficiently removes sulfur oxides (SOx) from the exhaust gases emitted by marine diesel...

Advisory for Indian Nationals in Qatar

On 5th June 2017, Saudi Arabia, UAE, Bahrain and Egypt announced that they were cutting diplomatic relations with the State of Qatar, along with closure of air/sea/land travel links with the State of Qatar....

Plug and Play Fleet Performance Monitoring

NAPA, a world leading maritime software, services and data analysis provider, recently launched a new concept of ship performance monitoring. The new web service, NAPA Fleet Intelligence, will offer quick and easy access to...

Qatar Blockade May Boost Aframax and Suezmax Demand

The Saudi-led blockade against Qatar has raised concerns about multi-port loadings of Doha’s crude oil grades on very large crude carriers, with charterer interest diverted to smaller tankers such as aframaxes and suezmaxes, ship...

Shell Launches Next Generation Trunk Piston Engine Oils

Shell Marine has unveiled next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market, confirming the success of a two-year quest to meet simultaneous market challenges posed to ship...

Ship Leaking Methane is Evacuated in San Pedro

A 40-foot tank being loaded onto a ship developed a small methane leak Wednesday in San Pedro, prompting evacuation of the ship. What happened? The incident was reported at 4:14 a.m. at the West Basin Container...

Tons of Heroin Seized on Board Ship

Turkish police and coast guards have seized more than a ton of heroin in a raid on a Congo-flagged ship in international waters. What happened? Anadolu Agency said Wednesday the heroin was one of the largest...

Greek Ship Owners Clash with Schäuble Over Taxation

The inability of German maritime policy to successfully support its domestic shipping industry is the motivation behind Wolfgang Schäuble’s pressure on the Greek government to tax shipping firms, Greek ship owners said in a...

Weekly Vessel Valuations Report, June 06 2017

Tanker: Tanker values have remained stable this week. The VLCC Irene SL (319,200 DWT, Oct 2004, Hyundai Samho HI) sold to Sinokor Merchant Marine for USD 30 mil vs VV USD 29.59 mil. The VLCC Gener8 Poseidon...