Greek Ship Owners Clash with Schäuble Over Taxation
The inability of German maritime policy to successfully support its domestic shipping industry is the motivation behind Wolfgang Schäuble’s pressure on the Greek government...
Weekly Vessel Valuations Report, June 06 2017
Tanker:
Tanker values have remained stable this week.
The VLCC Irene SL (319,200 DWT, Oct 2004, Hyundai Samho HI) sold to Sinokor Merchant Marine for USD...
Dry Bulk Ships: To Buy or Not to Buy?
The dry bulk market had a great run from the fall of the last year until March this year when the BDI reached 1,338...
Baltic Sea Campaign: Germany Announces New Patrol Ship
The Baltic Sea harbor porpoise is listed by the IUCN (International Union for Conservation of Nature) as “critically endangered”, with a population estimated to...
Pressurised Fuel Oil Leak Causes Fire in Ship Engine
Summary:
On 27 April 2016, at about 13:30, the staff chief engineer heard one of the crew members shouting in the engine-room. He made his...
Oil Shipping Bears Brunt of Qatar Diplomatic Crisis
In the aftermath of the UAE and Bahrain's decision to cut diplomatic ties with Qatar, their respective port authorities have issued restrictions on movement...
Panama Ship Registry Shifts New York Office to Miami
The Panama Ship Registry is moving its New York Technical Documentation Office of Ships Segumar office that oversees all technical queries and responds to...
CMA CGM Reduces CO2 Emissions by 4% in 2016
The CMA CGM Group intends to reduce its CO2 emissions per transported container by 30% by 2025.
Improved performance:
CMA CGM had already improved its performance...
Mitsubishi Heavy to Combine Design Teams
Mitsubishi Heavy Industries will consolidate shipbuilding design and engineering workforces now scattered around Japan as part of an effort to revive its vessel business.
The...
Car Carrier Cuts Weight Through Diab Solution
By replacing three out of thirteen decks with Divinycell sandwich panels, shipbuilder Uljanik cuts the deck weight of car carrier Siem Cicero by 25%,...
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APLICATIONS
Promoting Mental Health And Wellbeing At Sea
Mental health – while widely acknowledged as a very important element in overall well-being and health – is also one that can be overlooked...
