Will This Box Ship Scrapping Rate End the Current Capacity Surplus?
Drewry: Box Ship Scrapping rate should be higher
Over 150 container vessels are expected to be scrapped in 2016.
Demolitions are expected to reach 450,000 twenty-foot equivalent units this year.
Maersk Line...
Shipwreck Uncovered in Tasmanian Storms Revealed to be 160-year-old Canadian Vessel
A Maritime heritage expert has confirmed the identity of a 160-year-old ship uncovered on a Tasmanian beach during last month’s storms.
Tasmanian Parks and Wildlife Service maritime heritage officer Mike Nash identified the wreck, revealed...
Gard Alert: US Marine Casualty Reporting
The US Coast Guard has amended its CG-2692 forms in an effort to ease the burden of reporting in connection with marine casualties.
On 1 July 2016, the US Coast Guard (USCG) released a new...
[Watch] Coast Guard 2692 Form Introduction
Bulker Aground in Lake Superior
Overview of the new CG-2692 form, Report of Marine Casualty, Commercial Diving Casualty or Outer Continental Shelf-related casualty. U.S. Coast Guard video.
Please read the Mfame article Gard Alert: US Marine...
Aftermarket or OEM?
Aftermarket or OEM?
This million dollar question has invited answers from experts from varying fields and their answers had mixed reaction. Here is an attempt by MFAME to debunk some popular myth when it...
[Watch] An Amazing Time Lapse Video of Loading a Cargo Ship
Bulker Aground in Lake Superior
Departure is in sight with a busy day loading the cargo ship, the Norfolk Guardian, with various equipment such as bait, timber and even helicopters.
Disclaimer: This video is intended...
Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less
One of the worst kept secrets is that the average raise of an employee is very less every year. An employee continuing in the same company for more than 2 years earns 50% less...
Ship Emissions Raise Mortality in China
Certainly, there was a boom in the shipping industry, especially in China and many other countries in East Asia. However, this has aggravated the extent of air pollution in these countries. Scientists informed that...
Japanese Ships are to be Detectable from a Distance
Enhanced Requirement of Anti-collision Devices in More Japanese Ships
Certain ships may have to be equipped with anti-collision machinery that the federal government believe may be useful in thwarting terrorism. As per the Maritime Transportation...
Draught Increase Boosts Ship’s Income
During the life cycle of a vessel a need for increasing the earning capacity of a vessel may arise. This could be achieved by increasing the maximum summer draught, which in many cases is...