3 Sailors have returned after being captured in February. What happened? Three Russian sailors captured by pirates in early February near Nigeria have returned to Russia, Director of Briese Shipping crewing agency’s St. Petersburg office Pavel Fedulov said. "The...

Ship Seized by Military Released A ship seized by Libyan military was released Tuesday after being held captive. What happened? A South Korean ship with 24 crew members and some 5,000 cars was released Tuesday after being...

The International Chamber of Shipping (ICS) has published its latest Flag State Performance Table which can be downloaded free of charge via the ICS website.  See www.ics- shipping.org/docs/flag-state-performance-table The ICS Table provides an annual overview...

ABS, a leading provider of classification and technical services to the marine and offshore industries, has issued its first notation for the ABS Guide for Cybersecurity Implementation for the Marine and Offshore Industries. “The focus...

It was a cataclysmic loss among many during World War I. On the foggy early morning of Feb. 21, 1917, in the channel between Britain and France, a British steamship accidentally rammed the smaller...

Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship...

Mitsubishi Heavy Industries Marine Machinery & Engine Co (MHI-MME) has completed retrofit work on boilers onboard 80 gas carriers as owners prepare for regulations limiting fuel sulphur content. From 2020 a global sulphur cap, limiting...

BY LOUISE VOGDRUP-SCHMIDT Several prominent family-owned shipping companies, mainly with Norwegian roots, have invested in new company Maritime Asset Partners, which will offer alternative financing for shipping and offshore companies. "We are an upstart company...

By James Catlin Summary Dry bulk shipping has been caught in a perfect storm for the past three years. A massive oversupply of vessels paved the way for this historic bear market. But this situation...

Rate reductions of up to 5% are starting point for many negotiations, with fewer fleets on the move. Battles over premium reductions and a turf war between insurance brokers have been as notable a feature...