Tug Got Pinned to Freighter’s Bulbous Bow
On Dec 21, around 9 a.m. the general cargo ship "BBC Kibo" collided with a tug when entering Porto Alegro, Brazil.
The disabled tug...
Maritime Industry’s Nightmare Security Scenario
Cyber Penetration Tests Underscore Maritime Industry's Nightmare Security Scenario
Naval Dome has demonstrated the maritime industry’s nightmare security scenario with a series of cyber penetration...
Ferry Capsize with 251 on Board
A ferry with 251 people on board capsized in rough seas off the Philippines on Thursday (Dec 21), with reports of an unspecified number...
Asia Dry Bulk-Capesize Rates to Fall
Freight rates dip in Asian routes as the holiday season kick in.
Ease of congestion in the Australia-China route have added to the...
Portugal’s Galp Offers LNG Ship Refueling Off Islands
A Portuguese company has reportedly offered LNG ship refueling off islands and mainland.
The Galp Energy, Portugal based company has planned to expand its marine...
Not Your Grandma’s Cruise Ship Anymore
This is not your grandma’s cruise anymore.
The cruising industry is at the cusp of a technological revolution that, for the most part, spells good...
Proper Cylinder Oil Blending On-board for Greek Shipowners
Greek shipping remains a powerhouse, boasting the world’s largest fleet with some 4,585 ships (over 1,000 grt) representing 342.75 million dwt. Like the rest...
Cheap as Ships: Second-hand Ship Sales Reach 10-year High
Sales of second-hand ships reached a 10-year high on cautious optimism that one of the shipping industry’s worst ever downturns is nearing an end.
An...
Global Shipping’s $231 Billion CAPEX Needs
The global newbuild ship orderbook has fallen to a historical low of 10% but the global shipping industry’s US$231 Billion CAPEX requirements remain enormous and far exceeds the combined...
ABB Adds 20 Years’ Service Life to Icebreakers
The modernization of CCGS Pierre Radisson has been successfully completed in an upgrade program that will ultimately cover 10 ships in the Canadian Coast...
- Advertisement -
APLICATIONS
Drewry’s World Container Index Dip 2% to $2,157 This Week
Drewry’s World Container Index decreased 2% to $2,157 per 40ft container this week.
Detailed assessment for Thursday, 24 April 2025
The Drewry WCI composite index...
