Angelicoussis Largest Greek Shipowner in Both Fleet Value and Tonnage

A Greek ship owner has topped in terms of value and tonnage of the fleet owned by an individual. Mr. John Angelicoussis has bagged the top position by owning a fleet worth $7.6 billion. Greece...

Fire on Tank Barge

On June 2, a fire broke out in the engine room of a tank barge which was loaded with phosphoric acid. What happened? The tank barge ‘Stolt Mosel’ was sailing upstream on the Rhine river at...

NYK Joins Internet of Ships Open Platform Consortium

Nippon Yusen Kabushiki Kaisha (NYK) has become a core member of an Internet of Ships Open Platform (IoS-OP) consortium to provide common and individual rules to stakeholders concerning the equitable distribution of IoS data. The...

Ship Captain Goes Missing After Fall in Sea Port

On June 4, a ship captain was reported missing after he fell from the vessel into the sea at the Chittagong sea port. What happened? The Captain of the Cyprus flagged ship ‘MV Erina’ went missing...

What has Occurred in Shipping and Logistics in the Past Week

A review of some smaller items regarding freight and logistics this week starts with the news that the International Air Transport Association (IATA) has been raising awareness regarding the safety of Unit Load Devices...

Subsea 7 Subsidiary Adds Vessel in Three-year Agreement

Subsea has added a new vessel to its i-Tech Services, one of its subsidiaries. In an announcement made on 31st May, 2018, Subsea announced signing a 3-year charter agreement with MMA Offshore for acquiring...

IMO Approves Joint US-Russia Bering Strait Ship Routes

The International Maritime Organization approves a safe shipping route in Bering Strait. Coming into effect from December this year, the route is jointly proposed by Russia and the US. It’s a voluntary shipping...

Abandon Ship: Oil Tanker Scrappage to Hit Multi-year High as Earnings Sink

More and more oil tanker scrapping has made this year, the year of scrap selling. It’s the largest scrap selling year the industry has seen in the past 5 years. Scrap steel prices...

Whale Dies After Eating More than 17 lbs of Plastic

In an unfortunate turn of events, a whale died after eating more than 17 lbs of plastic in in Southern Thailand. What happened? The authorities have confirmed that the shortfin male pilot whale died in Southern...

Samsung Wins $364.8mn Deal for 4 Shuttle Tankers

  On June 1, an order worth 92.3 billion won ($364.8 million) has been secured by South Korea’s Samsung Heavy Industries Co. from the Singaporean firm AET to construct four shuttle tankers. Shuttle transport oil The shuttle...