New Standard with Revised Bunker Contract

CROSS INDUSTRY GROUP SETS NEW STANDARD WITH REVISED BUNKER CONTRACT Overview BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry...

Tipping the Balance – Container Ship Subsidies

In light of the recent comment made by Maersk’s CEO Soren Skou regarding container ship subsidies let us approach the scenario in depth. While...

The Basics of the Tanker Shipping Market

This is a special report focussing on the key drivers and influences of the crude tanker market, aiming to provide some basic market background...

Diesel Tankers Turn to New York After Stocks Drop

Tankers carrying diesel from Asia and Europe, including a giant 200,000 tonne cargo, are sailing towards New York where fuel supplies have dropped to...

Vessel Steering Gear with New Sensing Capability and Big Data Analysis

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it has reached an agreement with Kawasaki Heavy Industries, Ltd. (KHI; President:...

Container Barge Allided with Railway Bridge

On May 13, 2018, at 6.52 p.m. the "Gouwenaar II", 1937 ts, allided with the Gouda-Waddinxveen-railway bridge at Alphen on the Rhine. What happened? The...

Two Ferries Crashed into Berths in Amsterdam

On May 13, two ferries sustained damages and passengers were injured after they crashed into berths located in Amsterdam. What happened? On May 13, the Dutch...

Shell Marine Expands its Distribution Network

As part of its continuous review of its marine lubricants logistics offering, Shell Marine has expanded its distribution network into New Zealand, also adding...

TMG Flies Flag for Palau International Ship Registry

Palau International Ship Registry (PISR) has expanded its global reach by linking up with a leading maritime consultancy. PISR has appointed The Maritime Group (International)...

Dwindling Merchant Marine Fleet Crimps U.S. Ability to Wage War

The once-mighty U.S. Merchant Marine fleet has nearly collapsed under the weight of high labor costs, zigzagging federal policies and intense competition from abroad,...