Deepening Recession! 62% of Shipyards Worldwide Shut Down

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With domestic shipbuilders suspending the operation of their docks due to ongoing sluggish demand, six out of 10 dockyards worldwide have shut down in...

Owners of Modern VLCCs Could See Rates Blip in Market

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Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but freight rates, especially for...

Dry Bulk Market: Confidence is Growing Among Ship Owners

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Things are shaking up in the dry bulk market of late. In its latest weekly report, shipbroker Intermodal said that “after an admittedly challenging...

Titanic Secret: Wooden ‘Life Raft’ That Saved Kate Winslet

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A fragment of wood panelling from the Titanic, inspiration for the life raft that saved Kate Winslet in the Oscar-winning film, is to go on...

Wärtsilä to Supply Scrubber Systems for New NYK BP Vessels

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Wärtsilä has secured a contract to provide exhaust gas cleaning systems for two new Handymax bulk carriers to be owned by Nippon Yusen Kabushiki...

V.Group Announces New Leadership Team

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V.Group is pleased to announce the appointment of Ian El-Mokadem as Chief Executive Officer and Martin Gaard Christiansen as Chief Commercial Officer. Both will...

Critical Risks with Shipping Crude in Canadian Waters

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By Dave Poole Preamble A common definition of risk is “a deviation from a desired outcome that can be either positive or negative”. As basic as...

Captain Condemned by Crew for Failing to Act

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On July 30, an engineer reportedly died onboard a vessel after the Captain of the ship refused to hear his plea for help. What happened? The...

Hand Injury Whilst Using Pillar Drill

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The Marine Safety Forum (MSF) published an alert in which someone was injured whilst using a pillar drill. What Happened / Narrative: An experienced engineer was...

[Watch] Brother of Captain of Gujarat Vessel Carrying 1500kg Heroin

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A ship was taken into custody by the Indian Coast Guard officials after it was found in possession of 1500kg of heroin. What happened? The Panama...
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