Top 4 Hook Awareness Checks to Avert Disasters
What Happened:
A routine operation was carried out to transfer a bulk hose between a platform and a PSV, with the help of the platform crane.
As the hose landed on the vessel deck, one of...
Will Scrap Yards Solve the Crude Tanker Glut?
Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact is that break-even rates for these massive ships range between...
Wisdom Marine Books Two More Bulkers in Japan
Taiwanese shipping company Wisdom Marine is investing USD 68 million in two new NOx Tier III bulk carriers.
The company said that the two 82,400 dwt bulkers would be ordered from Japan Marine United Corporation...
Ship Benchmarking System Relaunched
Overview
BIMCO relaunches ship benchmarking system, a Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their fleet.
Shipping KPIs
Shipping KPI is based on self-reporting by 300 companies...
A Tool to Visualize the Sounds of Vessel’s Engine
NYK and MTI Co. Ltd. have jointly developed a diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant. The tool is one of the group’s big data initiatives...
Chemical Tanker Stops Pirate Attack
A chemical tanker has been successful in thwarting a pirate attack carried out by suspected Somali pirates.
What happened?
The chemical tanker ‘MT Leopard Sun’ was located nearly 160 nautical miles off the central coast of...
Fire in the Galley Aboard a Container Vessel
On February 25, a fire reportedly broke out in the galley of a vessel on the Danube and the crew members were having a hard time bringing it under control.
What happened?
The vessel ‘Rossini’ was...
Salvage of Damaged Lock Gate may Take Time
The lock gates of Kiel-Holtenau which was reportedly demolished after a cargo vessel rammed into its gates is likely to take weeks to be repaired.
What happened?
Last week it was reported that the lock gates...
Giant Oil Ships From the U.S. to Cut Time, Money and Traders
Crude closed at a three-week high as booming stock markets stoked optimism about economic growth that drives energy demand.
Crude futures rose 0.6 percent in New York on Monday. Blue-chip stocks reached a level not...
Refiners Tease Plans for 2020 0.5% Sulfur Bunker Fuels
As the shipping and bunker industries await the new 0.5% global marine fuel sulfur limit in less than two years, this week refiners have started to reveal some of their plans on fuel choices...