Cargo Ship Sank, Crew Rescued
On October 30, a cargo vessel loaded with coal reportedly sunk due to rough seas.
What happened?
The cargo vessel ‘Hongh An 69’ reportedly sunk in...
Pirates Arrested After Attempted Hijack of Cargo Ship
On October 30, five pirates were arrested after trying to hijack a cargo ship coming in from Bangladesh.
What happened?
The pirates had attempted to hijack...
Sheep Ship Involved in Horror Middle East Voyage Banned
An export vessel transporting live sheep has been banned from operating until further investigation.
What happened?
The live export vessel was reportedly involved in a disastrous...
[Watch] The World’s Biggest Cruise Ship is Meant for Thrill Seekers
The Harmony of the Seas is the Royal Caribbean's newest ship.
Disclaimer: This video is intended for informational purpose only. This may not be construed...
Ship Repairs and Maintenance Costs to Rise
According to a survey conducted by shipping consultant Moore Stephens the vessel operating costs are expected to rise through 2017 and 2018.
Maintenance charges to...
Brexit’s Hard Now? Wait Until Trade Comes Up
Brexit negotiators may still be deadlocked over phase 1 of their divorce, but both sides are already positioning themselves for the next clash —...
Aerial Drones Take Flight in Maritime
By Jonathan Atkin
Price Waterhouse Cooper estimates the global commercial drone market at $127 billion. Shipyards, offshore wind-farm developers, cruise lines, blue water cargo agencies,...
Time to Phase Out Heavy Fuel Oil in the Arctic
On Nov. 28, 2004, the Malaysian flagged cargo vessel Selendang Ayu departed the Port of Seattle on a voyage to Xiamen, China, carrying a...
Maritime Credit Insight
Shipping bonds issuance momentum continues - October 2017
by Drewry
A growing number of shipping companies have taken advantage of the low interest rate environment and...
VLGC Market Dipped in Average Third Quarter Earnings
The Executive Committee of EXMAR NV reports its third quarter results 2017.
Highlights of recent developments are:
Sale of BELGIBO (insurance brokerage) to Jardine Lloyd...
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APLICATIONS
US-EU Trade War Escalates as Freight Markets Slide
Global Trade Faces New Shocks from US Tariffs, EU Retaliation, and Freight Decline.
Tariffs, Port Fees, and Geopolitical Tensions Shake Global Shipping.
Freight...
