Wilhelmsen Maritime’s Drew Marines Acquition Plan Runs Aground
Wilhelmsen plans to acquire Drew Marine could reportedly run aground after it was found that the deal could violate antitrust laws.
What happened?
It has been...
Europe Takes First Steps in Electrifying World’s Shipping Fleets
Since early 2015, a mid-sized car ferry, the MS Ampere, has been traversing the Sognefjord in western Norway from early morning to evening, seven days...
[Watch] CHILLING Footage of a Cargo Vessel Caught in Ocean Swells
CHILLING footage shows a huge cargo boat caught in spine-chilling ocean swells as the giant vessel is helplessly tossed around during a storm.
Disclaimer: This...
How do Alliances Affect My Rates and Service Contract with a Carrier
An alliance is a group of ocean carriers joining forces to operate ships on some trade routes. Only the vessels and its operations are...
[Watch] 5 Key Questions to Consider in the Maritime Security Sector
Maritime security is one of the 17 major subjects for NATO, particularly with reference to the Mediterranean and the passage of immigrants and terrorists.
Increasing...
Top 4 Hook Awareness Checks to Avert Disasters
What Happened:
A routine operation was carried out to transfer a bulk hose between a platform and a PSV, with the help of the platform...
Will Scrap Yards Solve the Crude Tanker Glut?
Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact...
Wisdom Marine Books Two More Bulkers in Japan
Taiwanese shipping company Wisdom Marine is investing USD 68 million in two new NOx Tier III bulk carriers.
The company said that the two 82,400...
Ship Benchmarking System Relaunched
Overview
BIMCO relaunches ship benchmarking system, a Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their...
A Tool to Visualize the Sounds of Vessel’s Engine
NYK and MTI Co. Ltd. have jointly developed a diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant....