Beijing Looks to Stamp Out Cryptocurrency Trading with Block

China plans to stamp out all remaining cryptocurrency trading in the mainland by blocking access to overseas-based websites and removing related applications from app stores. The moves were outlined in a report by Financial News,...

Naval Dome’s Cyber Attack Demonstration

Ships are vulnerable to cyber attacks and this vulnerability was further highlighted when live attacks were carried out. Live demo The demonstration was carried out by Naval Dome’s engineering tean who carried out a series of...

How a Deck Steam Drain Valve Caused Main Engine Start Failure

EXPERIENCE SHARING- CASE STUDY Around mid 1980s, we experienced an engine failure on a 18 year old crude oil carrier. This vessel was then recently taken over by a new management company. The owner transferred...

[Watch] Breathtaking Sea Ride

Enjoy in 12min, ship in heavy sea video compilation. Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any sort. Please consult the...

Air Pollution from UK Shipping is Four Times Higher than Previously Thought

Toxic nitrogen dioxide emissions around major ports and sea routes in the UK are four times higher than previously suggested, according to a report for the Government. Levels of sulphur dioxide, another harmful pollutant, are...

MAN, Hyundai to Develop LPG Dual-fuel Engines

MAN Diesel & Turbo said it has signed a memorandum of understanding (MoU) with Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD) for the development and production of MAN B&W ME-LGIP dual-fuel engines. Upon...

Dorian LPG Agrees to Sale and Leaseback for Concorde

Owner and operator of modern very large gas carriers Dorian LPG has reached a sale and bareboat charter arrangement for its 84,000 cbm carrier Concorde. The company entered into the USD 70 million deal that...

Diana Announces Time Charter Contract With Hapag-Lloyd

Diana extends its time charter contract with Hapag-Lloyd. The gross charter rate of this contract is 8,400 US dollars, per day. The charter containing the “Sagitta” vessel will commence on February 15, 2018....

VLCCs Struggle! Yet Another Week of Low Activity

Yet another week of low activity was recorded in the VLCC market, ex MEG, as the ‘free-volumes’ struggled to find their way into the market Most Chinese cargoes were shipped on domestic hulls, meaning there...

Japan Container Line Merger ONE Starts Taking Bookings

Japanese container line merger, Ocean Network Express (ONE), has started to accept bookings, a two month ahead of their joint venture’s launch. ONE, a joint venture of the container lines NYK, Mitsui OSK Lines, and...