Global Marine Engine Market will Reach USD 10.56 Billion by 2022
Zion Market Research has published a new report titled "Marine Engine Market (By Fuel: Intermediate Fuel, Marine Diesel, Heavy Fuel, Marine Gas Oil; For Commercial Vessels, Offshore Support Vessels, and Inland Waterways Vessels Applications):...
Baltic Dry Index Just Points Away From 2017 High
The Baltic Dry Index added 36 points on Friday to reach 1332, just a few points of its 2017 peak which was reached last spring.
With the BDI now trading at its highest level in...
Rickmers to Continue Ship Management Under New Owners
On September 7, German shipping group Rickmers conveyed that its management unit has obtained clearance to continue business after it was purchased by Bremen-based Zeaborn Group and owner Bertram Rickmers. The company had filed...
[Watch] Cargo Ship Enters New York Port
A multi-billion dollar project to raise the Bayonne Bridge has opened the Port of New York and New Jersey to larger cargo ships like the Theodore Roosevelt. On Thursday, the largest container ship to...
[Watch] Biggest Cargo Ship Yet Passes Under Bayonne Bridge
It took seven years and $1.6 billion to raise the Bayonne Bridge to allow the world's largest ships to pass under the bridge and into the East Coast's biggest port, and all of that...
VLCC Floating Storage Nearing its End
VLCC floating storage has been an important feature of our industry in recent years. However, in these past few months, it seems that the market dynamics don’t seem to favor this development. In its...
Small Tanker Goes Down in Saronic Gulf Carrying Fuel
On September 10, the officials are hurrying efforts to contain an oil spill after a tanker reportedly when it took water in and sank off the Atalanti coast.
What happened?
On September 9, the oil tanker...
Missing Caribbean Cargo Ship Beats Irma and is Safe
The cargo ship which was deemed to be a victim of hurricane Irma has been found and safely anchored.
What happened?
The cargo ship ‘Princess Samiah’ was deemed missing during hurricane Irma was subsequently found on...
Women in Shipping: Positive Effects on Board
The shipping sector is at a crossroads. While both the world fleet and seaborne shipments register healthy year-on-year growth, pressure is mounting due to a shortage of qualified seafarers and officers worldwide.
A mix between...
MaK VM 46 DF; Dual Fuels Lower Emissions
The emissions output of large marine-diesel engines has been under scrutiny in recent years. These massive engines are expected to be more efficient and pollute less, which is not an easy task for a...