Launch Finally Takes Place for Arklow Newbuild
On October 31, the Arklow Venus constructed by Dutch yard Royal Bodewes was finally given the customary welcome.
Geared for its maiden voyage:
The vessel was...
Bulk Carrier Broke Loose from its Moorings and Ran Aground
On November 1, 2017, a bulk carrier “Nautical Runa” reportedly broke loose from its moorings at the silos of the J. Müller company and...
Cargo Ship with 10 Crew Sinks in Black Sea
On October 1, a cargo ship with ten crew members onboard the vessel reportedly sank in the Black Sea.
What happened?
The turkish cargo ship ‘Bilal...
Two Fatal Navy Ship Collisions Were Avoidable, Reports Conclude
Two collisions between Navy destroyers and commercial vessels in the Western Pacific earlier this year were “avoidable” and the result of a string of...
Drug Hidden in Maersk Ship’s Hull
On October 1, $20 million worth of cocaine was hauled aboard a cargo vessel and four people were arrested in connection to the incident.
What...
China to Ban High-sulfur Diesel Used by Ships from November 1
In an effort to clear up its emission, China has decided to ban the use of high-sulfur diesel used by ships from November.
Sales to...
Autonomous Vessels and Crewless Ships Could be Coming Soon
With human error behind 75% of marine liability losses, there are hopes that autonomous vessels and crewless ships can improve shipping safety.
Rolls-Royce, which is...
Ship Glut Clouds Long-Awaited Recovery
Container shipping is emerging from a painful six-year slump, but a glut of tonnage that will hit the water over the next two years...
Inadequate Safety Equipment Leads to Fatality Onboard
Summary
On 20 October 2016, MV Samsun was navigating the Caribbean Sea, en route to Coronel, Chile. The maintenance works on the crane grab, stowed...
U.S. Oil Exports Boom, Putting Infrastructure to the Test
Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling U.S. oil export...
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APLICATIONS
Will Sliding Frieght Rates Continue or Just A Blip?
Container spot rates are falling below long-term contract rates.
Shippers will look to reopen negotiations with carriers if short-term rates further decline materially.
A...
