Swedish Club Warns Of Worrying Trend In Expensive Vessel Claims

Accidents are generally caused by human error and often occur in conjunction with technical or equipment failure.  Injuries and cargo claims usually occur because the crew did not follow SMS procedures.  Alternatively, procedures were...

Pirates Ploy From Nigeria To Singapore

The fall in crude oil prices have changed the tactics handled by pirates. Pirates operating off the Nigerian coast can lead to a revenue loss of close to $7bn annually, with the bulk of costs...

Million Dollar Luxury Yacht Went Up in Flames

  The 77ft vessel, Positive Energy, was engulfed in a dramatic blaze on the Caribbean island yesterday afternoon.  Reports say that the locals spotted it ablaze while moored in Charlotte Amalie harbour and called...

Cloud Based Trackable Smart Containers

How Importers and Exporters Benefit from Smart Containers from TRAXENS?   Cargo container got smarter and are more visible during its journey with Traxens smart container system.  In its newly released video the company outlines...

Christian Bonfils To Lead Newly Established “BW Dry Cargo”

BW today announced that it has appointed Christian Bonfils as Head of BW Dry Cargo effective from 1 April 2016.  Says Carsten Mortensen, BW Group CEO, “Christian brings with him many years of experience...

Lifetime Achievement Award Goes To Mr. Kishore Rajvanshy

‘Sailor Today’ Honours Mr. Kishore Rajvanshy With Lifetime Achievement Award   Sailor Today – an International shipping journal for seafarers - lauded Mr. Kishore Rajvanshy, Managing Director at Fleet Management Limited with a Lifetime Achievement...

BSM And Optimum Launches New Joint Venture Company

Bernhard Schulte Shipmanagement (BSM) and Optimum Ship Management (Optimum) today announced the launch of a new joint venture company to provide comprehensive, world class passenger vessel management services. BSM, the leading maritime solutions provider, has...

MS Estonia Sank In Baltic Sea Killing 852

MS Estonia was a cruise ferry built in 1979 at the German shipyard Meyer Werft in Papenburg. On 28th September 1994, the ship was crossing the Baltic Sea, en route from Tallinn, Estonia, to Stockholm,...

What Could Have Caused Such A High Turbocharger Lube Oil Consumption?

Vessel Containership Machinery Turbocharger on Main Engine Damage/Problem High Lube oil Consumption Main Engine 12 L 90 GFCA Turbocharger Retrofitted from ABB to MAN Technical Background: The main engine had four turbochargers and all these turbochargers have been overhauled recently.  It was later observed that...

How Did Crude Tanker Stocks Perform?

The BDTI (Baltic Dirty Tanker Index) tracks the crude tanker rates.  The index proves that crude tankers are still siling at solid rates holding the prices of its stocks in a favorable position. Analyst updates: Here...