Container Line Rate Discipline Dying – Alphaliner
The period of rate stability in container shipping that followed the bankruptcy of Hanjin Shipping is coming to an end according to report.
Hanjin Shipping...
Catastrophic Structural Failure of Flexible Coupling
Summary
The vessel sought medical assistance from the Swedish Rescue Centre and the injured crew member was lifted ashore by helicopter.
The Marine Safety Investigation Unit...
Managing Finances For Employees Working Abroad
Brightwell Payments, a leading maritime payments and technology company, announced the launch of the Brightwell Navigator Mobile App, providing commercial and cruise ship employees...
Shipping 2030 Asia: The Innovation Imperative
By Danielle Hrin Kuek
Key highlights
Lack of global standardized regulations makes it expensive to innovate services and enjoy scalability.
Building drones technically might be...
Weekly Vessel Valuations Report
Weekly Vessel Valuations Report, September 12 2017
Tanker: It has been a quiet week in the Tanker sector with values remaining stable.
VLCC Nichinori (298,400 DWT, Nov...
Which Sector Should We Invest in Drybulk Shipping, Kamsarmax?
By Eddie Youn
Sentiment in dry sales & purchase market have been a bit improved recently and more dry bulkers physically has been under new...
Five Sailors Missing After Ship Collision Off Singapore
On September 13, five sailors were reported missing after two ships collided with each other off Singapore waters.
What happened?
The Indonesian-registered tanker reportedly collided with...
138 Workers Evacuated from Burning Tanker
On September 9, 138 workers were rescued from a tanker which reportedly caught fire due a fault in the engine room.
What happened?
The tanker ‘Randgrid’...
Cargo Ship Runs Aground to Avoid Sinking
On September 12, an Inland cargo ship reportedly ran into trouble after running into rough seas. It reportedly ran aground when it was on...
Korean Destroyer Rescues Cargo Ship, Crew and Passengers
On September 2, a Korean destroyer rescued a merchant ship which was drifting for the past three days due to a damaged fuel tank.
What...