Where Are Bunker Fuel Prices Heading?
Global Bunker Fuel Market to Exhibit 3.1% CAGR Despite Sulphur Cap Challenges
The International Maritime Organization has imposed a stricter global 0.5% sulfur cap on bunker fuel from 2020. This restriction would present the shipping...
“We Need 70,000 New Merchant Mariners!”
U.S. Facing Looming Shortage of Merchant Mariners
By 2022, the United States will need “70,000 new people” for the nation’s maritime fleet, but the Merchant Marine Academy at Kings Point, N.Y., and the six state...
Does Shale Glow At Nights?
The dry, sleepy shrubland of Cotulla is transformed into a busy mainland by Eagle Ford Shale.
Eagle Ford Shale is one of several gas and oil plays in North America that has taken on new...
Battle Of The Baltic Exchange – A Bidding War For the Historic London Shipping...
Chinese and Singaporean rivals in bidding war for historic London shipping institution.
One of London’s oldest shipping institutions is ready for at least £70million worth takeover for which a fierce bidding war is going. The...
Container Weighing: Do Costs Outweigh Benefits?
Cowen and Co. reveals that the time and complications from the new Ocean Container Weight Rule may boost operating costs from Los Angeles to Shanghai by 14%.
Cowen and Co., a New York City-based financial...
[Watch] Spectacular Launch of LNG-Powered Dry Cargo Ship
Spectacular Launch of LNG-Powered Dry Cargo Ship at Ferus Smit
The cement carrier - MV Ireland was launched sideways by the Dutch shipbuilder Ferus Smit on 19th March 2016. This is the second...
All You Need To Know About The MRV Regulations!
Monitoring – Review – Verification Process (MRV) – (EU Regulation 2015/757)
Maritime transport is currently the only industry sector not addressed either through the EU Emissions Trading Scheme (ETS) or the EU’s Effort Sharing Decision...
Grounded Cargo Ship Hits The Sea Bed
Accident
Sinking of a vessel
Date
22nd March 2016
Vessel Type
General cargo ship
Location
North of Sulawesi Island, Indonesia
Casualties/Pollution
Nil
A general cargo ship, carrying 2000 tons of bagged cement, ran aground after hitting a reef and sank alongside a pier in...
€55,000 Compensation For The Injured Worker!
Philip Vassallo was working on a vessel in the Freeport in 2012 when he fell a height of two metres and sustained grievous injuries. Hence the court has ordered the prot to pay a...
What Happened at the Condition Based Maintenance Conference – Day 2?
What has Happened at the Condition Based Maintenance Conference - Day 2?
IMarEST - organized a condition based maintenance conference at Holiday Inn Singapore Atrium - the event sponsored by
Rolls Royce
Pruftechnik
Info Marine
UE Systems
Though it was...