WTO Outlook Indicator: Global Trade Growth to Stay Above-trend
Global trade in goods will continue growing above trend during the second quarter, the World Trade Organization’s quarterly outlook indicator showed on Monday.
The indicator,...
Evergreen: More Ship Newbuilds for Fleet Renewal
Evergreen Marine Corp. (EMC) has revealed where the remaining 12 of its 20 11,000-TEU containership newbuilds will come from, after entering into an agreement...
Ship Detentions at Chinese Ports Soar
China comprises of many busy ports where greater numbers of ships call upon them on a daily basis.
What happened?
Recently, more ships are being inspected...
11 Men Arrested for Illegal Sale of Marine Gas Oil
For the second time within a month, eleven crew members were arrested for their suspected involvement in an illegal transaction of Marine Gas Oil...
Engine Failure on Danube
On February 11, a cargo vessel reportedly ran into engine troubles when it was transiting through the Danube.
What happened?
The cargo vessel ‘Rhein 1 SL’...
Zhuhai to be Test Bed for Autonomous Ship
Southern Chinese city Zhuhai has begun building the world’s largest test area for unmanned ships as it looks to trial Asia’s first autonomous vessel.
New...
[Watch] Horror at Sea! Monster Wave Toss Ship
STOMACH-CHURNING footage shows a rescue boat attempting to navigate stormy ocean – almost capsizing more than once.
Disclaimer: This video is intended for informational purpose...
World’s First Ballast-free LNG Bunkering Vessel with HMD
Hyundai Mipo Dockyard is developing the first ballast free LNG vessel in the world.
The German company, Bernhard Schulte Ship management ordered it...
3D Printing: DNV GL Establishes Global Additive Manufacturing Centre
The Singapore Economic Development Board (EDB), will focus on developing competence including qualification, certification and training for additive manufacturing (AM), also known as 3D...
Pontoon Swings Dangerously and Entraps the Crew’s Head
Summary:
Sultan Bey was on a voyage from Alexandroupoli, Greece to Marseilles, France. She was laden with 5,003 mt of wheat in bulk.
At about 1500...
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PSA Mulls Exit from CK Hutchison Ports Stake
CK Hutchison’s $14.2B Port Deal Sparks Global Reactions.
PSA’s Sale Decision Tied to BlackRock Deal Outcome.
Deal Excludes Hong Kong and China Ports.
Singapore-based...
