Cargo Vessel Loaded with Sand Capsizes
A cargo vessel loaded with sand sank 50 meters away from the shoreline of Barangay Montañeza, Malabuyoc, Cebu earlier this week.
According to the Malabuyoc...
Dry Bulk Market Fundamentals Point Towards a Viable Recovery
The dry bulk market has dug itself out of the hole it’s been for a large part of the past few years. In fact...
Carriers See Europe-Asia Demand Surge as Box Lines Feel a Capacity Pinch
A surge in airfreight demand on the Europe-Asia trade has seen IAG Cargo suggest that a capacity crunch in ocean shipping is forcing shippers...
Spain to Lose Cargo to Europe Temporarily
Over the last few weeks, Spanish businessmen’s concern has increased over the fact Spanish ports are becoming less effective due to the stevedore’s work-to-rule....
Who Wins from the New Bunker Fuel Spec?
US Gulf Coast refiners look well positioned to cash in on the earlier than expected 2020 deadline for ship operators to start using lower...
Marine Engine Market Growing
The marine engines market is projected to reach USD 13.53 billion by 2021, growing at a CAGR of 3.85% from 2016 to 2021. Increased...
Militants take Two Sailors Captives
On Thursday, Philippine militants took two crew members captive from a cargo ship, only hours after soldiers rescued two Malaysians held for about eight...
Cargo Crew Mistaken for Illegal Immigrants
A supposed language barrier proved to be a major hurdle for crew members onboard a cargo ship; they were mistaken as illegal immigrants.
What happened?
On...
LEK Lubrication Systems Scoops Mersey Maritime Industry Award
Merseyside business LEK Lubrication Systems has scooped the Micro Business of the Year 2017 award at the prestigious Mersey Maritime Industry Awards (MMIAs).
Success in...
The Republic of the Marshall Islands Registry Now World’s Second Largest
The Republic of the Marshall Islands (RMI) fleet now stands at 223,262,177 deadweight tons (DWT), making it the second largest registry in the world...
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APLICATIONS
‘Lifting of Cabotage Policy Spells Doom for Shipping Industry’
Sarawak and Sabah Ship Owners Association (SSSA) president Soon Tin Woo said the Malaysian shipping industry is heading for doomsday once the cabotage policy...
