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...

Rotterdam and IBM Plan to Create ‘World’s Smartest Port’ with IoT

The Port of Rotterdam and IBM have announced a multi-year initiative that will harness the power of IoT technologies to transform the port’s operational environment and prepare for the smart ships of the future....

Lack of Due Diligence Now Could Prove an Expensive Mistake

Many ship operators require a far better understanding of ballast water treatment technologies and their shortcomings in real-life applications, Coldharbour Marine Chief Executive, Andrew Marshall, has warned. Inadequate due diligence now could result in...

Oil Tanker with 22 Indian Crewmen Missing Off Benin

On thursday, an oil tanker went missing in the Gulf of Guinea, off the Benin in West Africa, with a crew of 22 indian nationals. What happened? The situation came to limelight when the Panama-registered Marine...

Cargo Ship Grounded by Storm in Istanbul

On the evening of 3rd February, a cargo ship was pushed ashore by severe storms in Istanbul’s Zeytinburnu coast, Doğan News Agency reported. What happened? The ship, named “Tallas Phnompenh” carrying a Cambodian flag, was in...

[Watch] How AR Can Improve Ship Safety

Augmented reality can improve navigation safety and help prevent maritime accidents. This technology provides seafarers with additional information on bridge systems that assists them in avoiding hazards during voyages. AR is one of 10 technologies...

Install Scrubber to Stay Insured Before 2020

As the International Maritime Organization's 2020 0.5% global sulfur cap draws ever nearer there are plenty of questions that remain unanswered, one of which is the impact on insurance policies. The implications of the IMO...

Treat Stair Trunks as Enclosed Spaces! Two Collapsed Inside the Stair Trunk

Summary: A fatal accident happened on a Hong Kong registered general cargo ship that two stevedores and one bulldozer operator were killed inside the stair trunk, after they entered the enclosed stair trunk without following...