Star Bulk Pioneers Green Loan to Retrofit 50 Scrubbers
The Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes has announced its entry into a $310...
Stop Skipping Waste Deliveries! Polluter Pays Say European Parliament
The Transport Committee of the European Parliament adopted today the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur...
[Watch] Fuel Spill After Two Cargo Ships Collide in Mediterranean Sea
Two cargo ships collided in the Mediterranean Sea, north of Corsica, France. One ship pierced a hole in the hull of the other which...
[Watch] Cruise Ship Being Battered by Rough Waters
Passengers on board the Royal Caribbean's Empress of the Seas ship filmed the destructive force of Hurricane Michael on Monday night.
Footage showed the cruise...
Shipping Industry Stares Down New Fuel Restrictions
The shipping industry comprises of multitudes of cargo ships, tankers, container ships, and cruise liners that belch noxious sulfuric gases and fine particles that...
ENSCO & Rowan Merge to Make $8.38 bn MODU Fleet
The firms ENSCO and Rowan have completed a merger to develop a total fleet valuing worth USD 8.4 Billion.
Ensco claims top spot
This acquisition makes Ensco...
Value of Vessels Predicted with Tankers Favoured as an Investment
The online site, VesselsValue has released its analysis of worthwhile investments in the tanker market which provides promising overall investment.
As most large crude tankers...
It’s a Pressure-vacuum Valve (P/V Valve)
A valve which keeps the tank over pressure or under pressure within approved, limits. P/V valve provides for the flow of the small volumes...
Japanese Shipbuilding Orders Double
Japan Ship Exporters Association data released recently showed, Japanese shipbuilders first year-on-year rise since May. They received export orders for a total 1.53 million...
Baltic Dry Index is Down to 1,530 Points
On 8 October 2018, the Baltic Dry Index fell to 1,530 points, down 6 points (-0.39%) versus the level of October 5.
BDI is a...
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