Are Shipowners Ready for Higher Interest Rates?
Shipping is a capital-intensive industry, which is heavily dependent on debt financing. LIBOR (the primary benchmark for short-term interest rates globally) has started to...
[Watch] Oil and Wreck Removal JBB Derong 19
Salvage of the 108-meter long Chinese trailing suction hopper dredger JBB Derong 19. The vessel had capsized in a busy shipping lane but had...
Where Do Old Cruise Ships Go to Die?
Cruise ships generally have a lifespan of 30 years, the time required for their depreciation.
Most of them are well past their prime...
[Watch] Who’s Responsible for Container Ship Losses?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here....
See Where Your Ship is Calling – Posidonia 2018 Goes Digital
There are plans to establish live port calls on huge interactive screens for visitors coming to Posidonia 2018.
Posidonia 2018
It is a global event held...
Dangers of Marine Bollard Failure! A Coast Guard Alert
The USCG has issued a new circular on the potential dangers and risks to ship owners and operators of marine bollard failure. The circular...
Angelicoussis Largest Greek Shipowner in Both Fleet Value and Tonnage
A Greek ship owner has topped in terms of value and tonnage of the fleet owned by an individual. Mr. John Angelicoussis has bagged...
Fire on Tank Barge
On June 2, a fire broke out in the engine room of a tank barge which was loaded with phosphoric acid.
What happened?
The tank barge...
NYK Joins Internet of Ships Open Platform Consortium
Nippon Yusen Kabushiki Kaisha (NYK) has become a core member of an Internet of Ships Open Platform (IoS-OP) consortium to provide common and individual...
Ship Captain Goes Missing After Fall in Sea Port
On June 4, a ship captain was reported missing after he fell from the vessel into the sea at the Chittagong sea port.
What happened?
The...
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APLICATIONS
Conspiracy Theorists Predict End of World in September 2015!
An asteroid may collide with our earth and our world will end at some point between September 22-28th, 2015. which will then usher in...
