MHI to Split Shipbuilding Business into Two

Mitsubishi Heavy Industries, Ltd. (MHI) will establish two new wholly-owned companies in conjunction with reorganization of its shipbuilding business. Mitsubishi Shipbuilding Co., Ltd. will...

Diana Containerships Ties Post-Panamax With Wan Hai Lines

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into...

Japanese Govt to Regulate Large-ship Scrappers

The Japanese government is mulling to formulate a new law to regulate large-ship scrappers, in order to enter into an international treaty on the...

Ferry Detained Following RoRo Ramp Damage

On December 2, a ferry was reportedly damaged after its roro ramp broke when the ferry was scheduled to leave the port. What happened? The ferry...

13 Dead, Two Missing After Collision Off Incheon

On December 3, thirteen people were reportedly dead and two missing after a fishing vessel and a bunker collided with each other. What happened? The fishing...

Cargo Ship Operators Ordered to Pay Millions in Lawsuit

A US District Judge ordered the owners of a cargo vessel to pay a fine of $3.3 million for failing to provide medical treatment...

Pilot’s Rudder Order Went Wrong, Results in Collision

Summary The Ocean Freedom arrived at an offshore anchorage outside Aransas Pass, Texas, in October 24 from its last port of call in Rugao, China,...

[Watch] Tanker in Bad Weather at Pacific Ocean

Watch the tanker in storm, bad weather at Pacific Ocean. Disclaimer: This video is intended for informational purpose only. This may not be construed as...

Baltic Exchange Shipping Insights

TANKERS VLCC The market in the Middle East Gulf remained under downward pressure, with China discharge fixed at WS 57.5. SPC fixed to Singapore at WS...

Maersk to Set Sail with 200 Techies in Digitisation Drive

The A.P. Moller-Maersk has decided to hire around 200 engineers at its new Centre of Excellence in Bengaluru, India to help the company towards...