Environmental Regulations to Shape Tanker Market
Over the next five years, international environmental regulations will have a major impact on the tanker market, according to a recent report by marine transport advisors McQuilling Services, LLC.
In its latest Tankers Industry Note,...
A Long Winter for Shipping
As the landlubbers in the Northern hemisphere struggle to cope with extreme weather conditions, shipowners continue to deal with unprofitable markets in most sectors.
The excess supply of ships continues to face no growth in...
DryShips: The Beginning of a Shipping Recovery?
By Short Only
Summary
DryShips' business strategy depends on buying ships at distressed prices to bet on an eventual shipping recovery.
The Baltic Dry Index as been on a ten day recovery, but shipping-based equities...
UK Maritime Wages: Exploitative or Reasonable?
"We need to stop this exploitation,” says Paul Keenan, an inspector with the International Transport Workers' Federation (ITF). “There are people coming here on £2-3 an hour, which is outrageous.”
His upset is driven by...
[Watch] Norovirus is Contagious: Easy to Catch but Hard to Get Rid of
Norovirus outbreaks are still increasing nationwide. The contagious disease - also known as the stomach bug, stomach "flu" or winter vomiting disease - is bringing suffering to millions of families and even obliging some...
[Watch] Car Carrier Fire and Rescue
UK Coastguard is coordinating an incident involving a fire on a car carrier in the English Channel.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item...
Fire on Car Carrier, UK Coastguard Involved in Coordination Efforts
The UK coast guard has been actively involved in coordinating a fire incident onboard a car carrier since early morning in the English Channel.
What happened?
UK Coastguard was notified of a fire on board the...
More Ship Traffic Warrants Channel Improvements
Experts: More ship traffic warrants channel improvements
Millions of dollars in cargo chugs its way through the Port of Corpus Christi’s waters on any given day.
From petroleum to textiles, from wind turbine parts to grain,...
Container Ship Sinks Partly Off Guayaquil
On 23rd Feb, the cargo ship Isla Bartolomé reportedly ran aground at coast of Isla Puna Island in Ecuador. After going aground she took on a severe list to starboard.
The vessel was headed outbound for...
Top 10 Maritime Nations
Top 10 Maritime Nations: Ranked by Value
The March 2017 edition of Maritime Reporter & Engineering News focuses on SINGAPORE, as this maritime powerhouse struggles to maintain balance and influence through the offshore oil and gas...