ClassNK Receives EU MRV Accreditation from UKAS
After undergoing extensive assessments, leading classification society ClassNK has become one of the world’s first classification societies to receive accreditation from the UK-based national accreditation body UKAS (United Kingdom Accreditation Service) as an EU...
Low Sulfur MGO Fuel Testing Guidance
Marshall Islands Issues Low Sulfur MGO Fuel Testing Guidance
The Republic of the Marshall Islands (RMI) Maritime Administrator has issued a Marine Safety Advisory, which provides guidance on the testing of Low Sulfur Marine Gas...
Common Safety Errors on Lifeboat Systems
Andrew Lemmis, SeaSafe notes that lifeboat systems fatally injure more people than they save. In the following article, Mr Lemmis explains the number of factors which may result in accidents onboards due to lifeboat...
Giant Tanker that Caused a Splash on Clyde’s South Bank
It looks as though this boat is about to burst out over the yard wall into Govan.
Sometimes we think of shipbuilding in Glasgow being mainly a pre-war activity, but this is the Linthouse yard...
BIMCO Ventures into Ship Finance
BIMCO SHIPTERM: BIMCO ventures into ship finance
On 9 January 2017, BIMCO published its first ship finance related form – "SHIPTERM". BIMCO describes SHIPTERM as a simple, short form, non-binding, bi-lateral term sheet which is...
Why a Vessel Worth $60m was Sold as Scrap?
Shipping slump: Why a vessel worth $60m was sold as scrap
In January 2010, the container ship Hammonia Grenada was delivered from a Chinese yard to its new owners, reportedly priced at about $60m (about...
Bulker Values on the Rebound From “Rock Bottom” Levels
Dry Bulk Back From The Brink
Bulker Values in the last 12 months have hit rock bottom and are now looking to show considerable promise. 5-year-old handysize values are up by over 40%; as are...
Palau-flagged Ship Arrested
Court orders arrest of Palau-flagged ship
The Madras high court, India has ordered the arrest of a Palau-flagged ship, anchored at V O Chidambaranar Port at Tuticorin, for non-payment of dues running to more than...
Oceangoing Fully Autonomous Ships in Next 15 Years
‘Oceangoing fully autonomous ships in next 15 years,’ says Rolls Royce
The technology revolution taking place on land with the advent of driverless vehicles also looks set to transform sea transport. In the near future,...
Crew of Cargo Ship Found with Gun Arrested
A man who had just come off a cargo ship owned by TOTE Services was arrested Monday for having a gun at the Blount Island port.
What happened?
U.S. Customs was inspecting the Isabella when crew...