The Swedish Club Delivers a Discount of 4% to P&I Members

The Swedish Club maintains its members’ interest at the heart of the business and has made the decision to offer a discount of 4%, to all P&I members 2017/2018. “We respect our shipowners and the...

Box Ship Industry Cargo Could See 2-4% Growth in 2017

Maersk Exec: Box Ship Industry Cargo Could See 2-4% Growth in 2017 Rene Piil Pedersen, Maersk Group's Representative for Asia Pacific, says container vessels' cargo volumes have been projected to grow by 2 to 4...

Giant Container Ship Service to Start in May

The biggest container ship to ever dock along the East Coast will be stopping at the Virginia International Gateway in Portsmouth. The Virginian-Pilot reports the COSCO Development will arrive May 8. The ship is about 1,200...

Why Investors are Paying Attention to the Baltic Dry Index Again?

Is it time to believe in the Baltic Dry Index again? Once viewed as among the most reliable guides to near-term global economic growth, it lost some appeal in the aftermath of the financial...

[Watch] Cargo Ship Collision Caught on Video

Above video shows the collision between a general cargo ship and smaller passenger vessel on the Escondido River. For more information, please visit here Disclaimer: This video is intended for informational purpose only.  This may not...

Can a Coin Dropped from the Empire State Building Kill You?

From tumbling air conditioners to defective sidewalk grates to deli salad-bar tuna, there’s a random death potentially waiting around every corner in New York City. Who could blame locals for having a morbid curiosity about...

ABB and Presserv Team up to Provide Preservation Programs for Idle O&G Vessels

ABB’s marine and ports business will partner with Presserv to offer maintenance packages for vessels that serve the oil and gas industry that are laid-up for prolonged periods. The two companies will combine specialized...

IMO Concludes GloBallast Project to Address Marine Bio-invasions

The International Maritime Organisation (IMO) has successfully completed the execution of the GloBallast project, which assists developing countries in reducing the transfer of harmful aquatic organisms and pathogens in ships' ballast water, as well...

Flags of Convenience Disagree on Gross Tonnage and Merchant Vessel Statistics

A recent claim by the Marshall Islands to have overtaken Liberia has not gone well with Liberian Registry. Difference of claims: As mentioned recently about the Marshall Islands claim to have overtaken Liberia as the world’s...

US Cruise Ship Captain Convicted of Using a Stolen Identity

In a shocking case of identity fraud, a 53 year old ship captain has pleaded guilty to identity theft, after using a stolen birth certificate to obtain mariner licences and other documentation. What happened? Cynthia Lyerla,...