6 Ways for Shipowners to Reduce Bunker Costs
Shipping industry is going through a tough time and owners need to do everything they can to help the bottom line. Bunker port news reports, that the industry has been rife with consolidations, bankruptcies,...
Bimco Shipping KPI Standard Version 3.0 Activated
The updated version of the BIMCO Shipping KPI standard (v3.0) is now active in the first quarter of 2018 which is now open for data submitting.
What's new with v3.0?
Updated definitions: Expert group...
[Watch] Wilhelmsen, KONGSBERG Establish Autonomous Shipping Company
Wilhelmsen and KONGSBERG are joining forces to offer a complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations.
The new joint venture company Massterly will be...
COSCO Shipping Development Reports Higher Revenue
The performance of China-based ship leasing and transportation businesses company COSCO Shipping Development have developed over the time. The company’s 2017 performance shows a revenue of RMB 16.34bln (USD 2.59bln), which is 2.4% up...
America’s Gas Exports Keep Booming But a Dearth of Tankers Looms
The Monaco based tanker owner GasLog Ltd predicts a 30- to 40-vessel gap by 2020 as the number of export terminals worldwide continues to rise. Although the tanker purchase has gained momentum in the...
[Watch] ‘They’ve Been Crushed’ Footage Shows Live Export Horror
A 60 minute video footage has shocked the export industry. The footage shows hundreds of live Australian sheep, cramped together and dying aboard a squalid export ship.
What happened?
The shipping sector has been pressured to...
Turning the Capsized Vessel Upright Again
On April 7, a vessel which had reportedly capsized was successfully refloated and schedule for dismantling.
What happened?
The vessel ‘Britannica Hav’ was moored in the bottom up position at the Osaka Quay in Le Havre...
Two Cargo Ships Collide
On April 7, a cargo vessel sank at sea after it collided into another cargo vessel in south China's Zhujiang River.
What happened?
An unnamed cargo vessel loaded with cement sank at sea after it collided...
Tanker Crashes into Historic Mansion
On April 7, a tanker crashed into Istanbul’s historic mansion located on the shores of Istanbul’s Bosphorus.
What happened?
The Maltese flagged tanker ‘Vitaspirit’ crashed into the historic ‘Hekimbasi Salih Efendi Mansion’ after its steering equipment...
The Migration of the Supertankers
by Charles Q. Choi
Ships can now have a devastating effect on ecosystems and economies, says Ian Davidson. By reimagining tankers, bulk carriers, cruise ships, and other vessels as different kinds of migratory animals, he offers...