Asia Tankers-VLCC Rates to Slide Further as Cargoes Dry up
Asia Tankers-VLCC rates to slide further as cargoes dry up on Asia refinery work
Freight rates for very large crude carriers (VLCCs), which fell to multi-week lows this past week, could slip further as refinery...
Vessel Losses: Is Shipping Resuscitating its Record?
Safety at sea has improved significantly in the past twenty years, with losses of large merchant vessels becoming a relatively rare event. Whilst casualties appear to be more common among older and smaller vessels,...
The End of Swiss Federal State Guarantee for Cargo Vessels
The end of the Swiss federal state guarantee for cargo vessels – a trigger for the tonnage tax?
The Swiss Federal Council decided to terminate the well-established funding instrument to facilitate the financing of Swiss...
The Swedish Club Delivers on a Firm Foundation
At the closure of the renewal season The Swedish Club is pleased to report performance in line with expectations and consistent with its strategy of balanced growth on a firm foundation.
Gross tonnage is anticipated...
[Watch] NASSCO Sea Trials Third SEACOR ECO Tanker
On February 20, NASSCO shipbuilders took the Eco tanker Liberty to sea for the very first time for tests and trials. Designed for increased fuel efficiency and optimized performance, once delivered the Jones Act...
How to Deal With Motion Sickness
Motion sickness — an inner ear disorder that causes nausea, dizziness and even vomiting — is an unpleasant but common occurrence on car, boat and plane trips, says Dr. Jennifer Derebery, a physician at...
IBIA: Low Sulfur Regulations Workable?
IMO Low-Sulfur Fuel Proposals; Association says 2020 decision may be based on overly optimistic fuel availability forecast.
The 2020 deadline of IMO’s MEPC 70 proposals on marine fuel sulfur cap have attracted severe criticism from...
Merchant Marines Remembered with Flag
A new flag for unsung heroes in World War II has joined the hall of military flags at the Washington County Municipal Center.
The Merchant Marines flag is now flying from a stand amid the...
General Cargo Ship Damaged After Grounding Off Norway
A general cargo ship ran aground in Norway after it blacked out being stuck on the reefs.
What happened?
The general cargo ship Bulk Viking ran aground off Offersoya in Norway. The vessel was en route...
Easing Counter Measures May See Rise in Piracy
Easing counter measures may see rise in piracy off Somalia coast, warns Secretary General, Mission to Seafarers
Piracy off the coast of Somalia, which has been in a subdued state due to strong counter measures,...