Plant Investment Readies Evoqua For First Wave of Ballast Water Treatment Orders
Evoqua Water Technologies is upgrading its SeaCURE® system production facility in Caldicot, Wales, to meet market demand for ballast water treatment systems, as shipowners look to comply with the entry into force of the...
Rotterdam Bunker and Lubricant Reports Decline in Sale by 8.2%
Authorities at the Port of Rotterdam said that bunker and lubricant sales at the port dropped by 8.2 percent year on year to 2.48 million cubic metres (cbm) during this year's Q1.
Decline in fuel...
Tanker Freight Rates Tank on China’s Proposed Consumption Tax
China’s plan to impose a consumption tax on mixed aromatics, light cycle oil and bitumen blend has shaken up everyone from the oil industry to the shipping industry. If implemented, the proposed tax will...
FY17- Alang Ship Breaking Activity Shrinks Almost by 50%
Rising competition from Pakistan and Bangladesh has led to ship breaking activity at Alang in Gujarat declining by almost 50 per cent during the fourth quarter of 2016-17.
Limited vessels delivered:
Only 64 ships have been...
Port of Antwerp Greenlights Hydrex Expansion
Antwerp Port Authority has supported Hydrex Underwater Technologies’ plan to expand its existing 5000m² site on Asiadok on the River Scheldt with new workshops and offices.
As part of its expansion, the result of...
Tanker Market on Mixed Fortunes
Tanker Market on Mixed Fortunes During March
According to the latest monthly report from OPEC, in March, the tanker market showed mixed patterns with VLCCs seeing a decline in spot freight rates on its various...
[Watch] Daewoo Shipbuilding’s Bailout Plan Cleared
Daewoo Shipbuilding's Bailout Plan Cleared by Pension Fund
Daewoo Shipbuilding & Marine Engineering Co., the world’s largest shipbuilder, won a reprieve from major bondholder National Pension Service and other lenders, helping avert a payment crisis...
Shipping Industry Much Better Positioned
Shipping Industry Much Better Positioned than a Year Ago
Esben Poulsson, President of the Singapore Shipping Association (SSA), speaking at a media briefing for Singapore Maritime Week (SMW) 2017, suggested that the shipping industry is...
Maritime Expert Explains Rise in Sea Piracy, Says Notorious Pirate ‘Could be in Jail’
Somali media has reported that a notorious Somali pirate leader is missing after an attempt last Saturday to hijack a cargo ship.
What happened?
Abdikarim Salah "Aw Koombe" and two other pirates were last seen on...
The Fall of the TITANIC
The following represents the best estimations science and history can currently make as to what happened in the moments immediately before and after the Titanic disappeared beneath the surface.
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