Is China Really a Threat to Maritime Trade?
Western media commonly claims that more than US$5 trillion in trade passes through the South China Sea annually. This figure appears to originate from a 2011 press release by US Navy admiral Robert F....
Shipping Bodies to Form ‘Task Force’ for Seafarers
Representatives of various Indian shipping associations have come forward to form a ‘task force’ to work towards increasing the global share of Indian seafarers, Maritime Association of Shipowners Shipmanagers and Agents (MASSA) has said.
The...
Asia Tankers – VLCC Rates to Hold Steady
Freight rates for very large crude carriers (VLCCs) are set to hold around the current levels ahead of a possible bounce later this month on renewed crude buying from China, and more interest from...
[Watch] The Pasha Bulker Storm: The Day the Ship Hit the Sand
Mother nature is in one of her moods - cranky and showing no respect. For hours, she has furiously lashed out with 110kmh winds from deep in the southern Tasman Sea to buffet the...
DMCA Makes its Mark at Norshipping 2017
Dubai’s growing role as a global hub for the maritime sector was a key message communicated to visitors to Norshipping 2017 in Norway, as a result of Dubai Maritime City Authority’s (DMCA’s) participation in...
Greece Seeks to Lure U.K. – Based Shipowners, Brokers on Brexit
The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc.
“We’re in contact with five large...
[Watch] Insane Basketball Shot onto Ship!
The most insane thing we've ever seen. And that's saying something. Great times in Istanbul!
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice...
Freighter Disabled in Kiel Canal
On June 4, 2017 a freighter reportedly got disabled in a Canal and required the assistance of rugs to rescue it.
What happened?
Enroute from Aviles to Szczecin the "Seabee" was disabled during the transit of...
Cargo Ship Lost Engine and Her Launch Broken Down
An RNLI lifeboat crew has carried out what it describes as "one of its most unusual rescues".
What happened?
Volunteers from the Tynemouth Station were called earlier to manoeuvre the Tres Hombres - a Brigantine-type sailing...
Maersk Ventures into Trade Finance
To make overseas exports easier for Indian companies, especially SMEs, Denmark-based AP Moller – Maersk, one of the largest container shipping companies globally, has set up a new business vertical, Maersk Trade Finance.
In a...