Tow Vessel to Help Troubled Vessel Get Back into Water
On March 11, two tow vessels were dispatched to provide assistance to a passenger ferry which had been out of action since 2017.
What happened?
The passenger ferry ‘MV Gallipoli’ has been out of service since...
[Watch] Dramatic Footage of a Huge Wave Attack
The dramatic video has gone viral online after being posted on social media site Reddit, leaving viewers speechless.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...
Top 7 Checks to Keep Stowaways Away
Loss Prevention
The Association wishes to remind Members of the potential for an increase in stowaways trying to gain access to vessels in South African ports during the holiday period. It is understood that illegal...
Maersk Says Singapore will Remain World’s Top Bunkering Hub Post 2020
Singapore will continue to be the world's largest ship refueling destination going into 2020 and beyond, Maersk’s regional trading head, Peter Beekhuis said on Friday at the S&P Global Platts Asian Refining Summit in...
Fuel Pipe Broke and Sets Engine Room on Fire
A fire alarm was suddenly sounded on the bridge. The master was on the bridge and acknowledged the alarm. It was evening and the 2nd officer was the OOW, and was asked by the...
Relief For Shipowners, Market Rejuvenates in the East
Some relief for owners as the week closed out with the market finding a floor in the East. Rates on the key West Australia/China run looked close to slipping under $6.00. But after a...
Panamax Spot Market Profitable than Time Charter
The most prolific question that haunts shipowners is the dilemma of employing a ship on time charter or spot market. As the dynamics of the traded is dependent on this decision hence it is...
Chinese Shipping Firms Expands Fleet
The chinese shipping market is witnessing a sudden growth.
After a downturn of 7 years, the industry is recovering.
This optimism has lead to an increase in ship purchase by the companies.
Zhongchang...
Noble Group Sells Ship For $24 Million
A report published in the asia.nikkei.com highlights how the Singapore-listed commodities trader Noble Group's unit Core Integrity has agreed to sell to Bianca Corp, a Kamsarmax dry bulk carrier for $24 million in cash.
The...
Is Your Vessel Set to Report the Mandatory Fuel Oil Consumption Data?
The mandatory fuel consumption data collection system for international shipping, adopted by the International Maritime Organization (IMO) in October 2018, has entered into force as of 1 March, 2018, reports IBIA.
Under this regulation, ships...