Hapag-Lloyd Profit Warning Drags Down Shipping Sector Stocks
The German shipping line Hapag-Lloyd AG has recently cut down its profit forecast for the year owing to an overcapacity in the industry coupled...
BP Holds Millions of Barrels of Oil Off China as Demand Falters
As the demand for oil from the energy major BP slowed down, the company held up four of its supertankers off China’s east coast...
Diana Completes Sale and Delivery of Post-Panamax Container Vessel
Diana Containerships Inc. , a global shipping company specializing in the ownership of containerships, announced that today it has completed the previously announced sale...
Drydock Company Sees Jump in Scrubber Retrofit Work
The shipowners are required to respond to new environmental rules in international shipping, Oman Drydock Company is seeing increasing inquiries atits yard for both...
‘We Help Stranded Ship Crew Out of Humanity’
Increasing number of abandoned vessel are flocking to UAE’s territorial waters since they offer help to abandoned ships.
What happened?
Mr.Al Nuaimi stressed that the ship...
New Labor Protection for Seafarers
The world’s mariners are protected by what may be the only minimum wage established across an entire global industry. Now, labor advocates are mobilizing...
IMO on Board
Lifeboat inspection, fire drills, emergency generator training, keeping watch, new friendships, ports, building professional networks, and working far away from home and family.
Life at...
Failing To Maintain Proper Lookout Resulted in Collision
Summary
On 12 August 2017, the fishing vessel Mako departed San Remo, Victoria, bound for fishing grounds about 3 hours away. Once clear of Cape...
Containers Hardest Hit in Trade War
The US-China trade row is taking a toll on the container shipping industry as global trades slow down.
Even before the new tariffs...
The Great Scrubber Conundrum
Andreas Hilides, Maritime Analyst for S&P Platts was skeptical about the way IMO 2020 is about to be implemented. Also, he is uncertain about...
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APLICATIONS
FueLNG’s 2nd LNG Bunker Vessel Debuts at HMD
Singapore-based LNG bunker supplier FueLNG revealed that its second LNG bunkering vessel was launched at Hyundai Mipo Dockyard Co. Ltd., Korea, reports Offshore Energy.
Largest...
