Cargo Vessel Detained on Court Order

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On April 9, a cargo vessel was detained at a port in India for misappropriate finance in business transactions. What happened? The cargo vessel ‘MV Theometor’...

Gold Galleon Hackers Target Maritime Shipping Industry

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Researchers have found that Nigerian hacking ring, targets on maritime shipping firms to try and steal millions of dollars on an annual basis, reports...

Huge Disruptions Coming with 2020 Low-sulfur Shipping Rule – IEA

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The shipping industry and oil refineries are not doing enough to prepare for new rules cutting the amount of sulfur that vessels can emit...

[Watch] 2.5 Million Bricks Makes The World’s Largest LEGO Ship

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In recent Guinness World Record News, a Hong Kong tourism company has made its mark by making a large scale LEGO replica ship, celebrating...

Lukoil Plans to Produce up to 480,000 mt/year of 0.5% Sulfur Bunker Fuel

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According to a news report published in Platts, the Russian oil company Lukoil is planning to produce 30,000-40,000 mt/month, or 360,000-480,000 mt/year, of 0.5%...

Diana’s Time Charter Contract

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Diana Shipping Inc has agreed to extend their present time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk...

Baltic Dry Indices: Week 15 Technical Commentary

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HANDYSIZE For Week 15 the Handysize Index gave us a gap down and a 10-point fall to close at 628. Being firmly into our support ideas...

16 Sailors Stranded Off UAE for Over a Year

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Fifteen Indian sailors and one Pakistani seafarer are stranded onboard a tanker 15 miles off the UAE due to a legal dispute involving the...

Lifeline Ship to Return as Anti-piracy Armory

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The RMS St. Helena, deemed as Britain’s last working postal ship for nearly three decades has been provided with a new leash of life. The...

Ship with Drunken Master Detained in Great Belt

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On April 17, a cargo vessel was detained when it was approaching the Great Belt, Denmark. What happened? The general cargo ship ‘Rix Partner’ was detained...
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