Rope Failure Causes Injury During Loading Operation

What happened? On July 8, 2015, at 0857 local time, the bulk carrier Asia Zircon II was offloading a cargo of wind turbine towers in...

Samsung Heavy Lands $189 Million LNG Carrier Deal

On 31 December 2018, Samsung Heavy Industries clinched a $189 million deal to build a Liquefied Natural Gas carrier.  $189 million contract The company has clinched the deal...

NYK’s First Methanol-Fueled Chemical Tanker Using Green Loan

Japanese shipping giant NYK will receive 2 billion yen from Taiyo Life Insurance Company as a green loan to exclusively finance the building of...

Sulphur Cap to Have ‘Crucial Bearing’ on Shipping: MOL Chief

MOL chief conveyed that 2020 regulation is expected to have a crucial bearing on the success The move is expected raises the major cost and...

Bunker Industry Welcomes MSC Move on Fuel Safety

The International Bunker Industry Association decided to support fuel safety concerns at the 100th session of MSC in early December 2018. A proposal...

Platts’ New 0.5% Marine Fuel Price Assessment Hits $366.18/mt in Singapore

S&P Global Platts has pegged 0.5% sulfur marine fuel delivered in Singapore at US$366.18/tonne. The price is based on the notional bids, offers...

Carnival Unveils the World’s First Cruise Ship with a Roller Coaster

In what came as a huge surprise to cruisers and thrill-seekers, there's a cruise ship with a Roller Coaster in it, writes Emma Featherstone...

Environmental Crisis! Toxic Peroxide Found on Dutch Beach

Toxic Peroxide Found on Dutch Beach After Cargo Ship Loses 277 Containers says The New York Times. Authorities deployed to attend The Dutch authorities were struggling...

Ship Shortage Threatens Asian LNG Market Growth

Shortage of supply vessels threaten LNG market in Asia High charter rates have been attributed to a surge in gas demand from China ...

LNG to be a Major Source of Marine Fuel for the United States

United States is increasingly dependent on LNG as a major viable fuel source Shell Global, Q-LNG, VT Halter Marine and Wärtsilä began working...