Owners Need to Scrap Larger Dry Bulk Vessels for Sustained Recovery
DRY bulk vessel owners will have to start scrapping more vessels of higher deadweight tonnage in order to alleviate the overcapacity problem.
Lloyd's List Intelligence managing director of maritime insight Christopher Palsson told Lloyd's List...
Oil Tankers to Cruise Ships Fueled by LNG Offer Hope on Glut
When Russia’s biggest tanker operator launches four new vessels next year, they won’t just be carrying oil to northern Europe but the hopes of the liquefied natural gas industry.
Sovcomflot’s Aframax ships, capable of shifting...
[Watch] Azure will be Maersk’s “Preferred Cloud”
Score one for Microsoft Azure in its battle for big, industrial cloud customers. Maersk, the world's largest shipping company, says it will use Azure cloud services to fuel its IT modernization efforts.
Such projects typically...
How are Monitoring Reporting Solutions Impacted by MRV?
One of the highlights of HullPIC 2.0, the hull performance and insight conference in March 2017, is the contribution by Torsten Büssow and Jarle Blomhoff about how monitoring reporting solutions are impacted by MRV.
The...
More Water Required for Panama Canal for Fourth Set of Locks
The Panama Canal Authorities are currently focused on securing more water resources for the artificial 77 km waterway dug through the Isthmus of Panama, in order to support a grander plan in future on...
[Watch] Singapore is World’s Top Maritime Capital
Singapore has emerged as the world's top maritime capital in a report launched Wednesday, by Norwegian consulting firm Menon Economics.
The annually report, "Leading Maritime Capitals of the World," described the Southeast Asian city state...
Somali Pirate Gets Life in Prison for Attack on US Ship
A Somali pirate has been sentenced to life in prison for his role in attacking a U.S. Navy ship.
What happened?
On Wednesday, Federal prosecutors said that 31-year-old Mohamed Farah was among seven pirates who tried to...
[Update] Explosion in Bulker’s Storeroom Kills Two
Authorities reported that two crew members injured in an explosion aboard a ship in the Atlantic Ocean have been flown to Portugal’s Azores Islands for further treatment.
What happened?
An explosion occurred when the ship was...
Are Your Ship’s Hatch Covers Weathertight? – UK P&I Club
The UK P&I Club’s Loss Prevention Department, in conjunction with the IMCS Training Academy, advises on the importance of hatch cover maintenance: Whether a ship’s hatch covers are weathertight is a seemingly simple question...
Master’s Failure To Check Propulsion Engine Led To Bulk Carrier Allision
The US National Transportation Safety Board (NTSB) issued an investigation report, concerning the allision of the bulk carrier “Star of Abu Dhabi” with the Louisiana Sugar Refinery unloading dock, on the Lower Mississippi River,...