Diana Shipping Appoints New Deputy CEO
Diana Shipping Inc. (NYSE: DSX) - a global shipping company specializing in the ownership of dry bulk vessels, announced the appointment of Ms. Semiramis...
High Water Conditions Results in Towing Barge-Bulk Carrier Collision
The National Transportation Safety Board (NTSB) reports of a collision between two vessels, Crimson Gem and Yangtze Ambition, with no account of injury or...
APEX Argus Bunker Index Covers Price Risks Associated With Marine Fuel
The Asia Pacific Exchange (APEX) launched the APEX Argus Bunker Index Singapore LSFO 0.5%S futures contract on Friday 18 October, reports a news release...
Standard Club: Business Through Dublin Will Need High Premium As Brexit Nears
UK-based ship insurer Standard Club has written about $140 million (€126 million) of premiums through its new Irish operation since it opened earlier this...
Weekly Tanker Report – Week 43, 2019
The Baltic Briefing has issued the tanker report for the 43rd week of this year. The report dated 25th October 2019 provides a valuable...
Piraeus Container Terminal Emerges As Star Performer for Cosco!
Piraeus container terminal emerged as the star performer for leading ports operators, Cosco.
It is because the Chinese group’s global operation lifted revenue...
IBM Spearheads Mayflower Autonomous Ship Project
IBM has joined an international effort to build an unmanned, fully autonomous transatlantic research vessel.
MAS will use IBM’s AI, servers, cloud, and...
Amidst Lowering Newbuild Orders Shipowners Return To the Dry Bulk Market
According to a market analysis by Nikos Roussanoglou, normal service has been resumed, as ship owners have returned to the S&P market, lowering their...
Boom in Containership Charter Rates Dwindles Due To Slow Season
Average daily charter hire rates had soared by 40% since January, while during the same period SCFI slumped by 25%.
51 container vessels...
Yamal LNG No Longer Under U.S Sanctions After Ownership Change
According to an article published in Reuters, Teekay LNG’s tanker venture, the Yamal LNG Joint Venture, is no longer subject to U.S. sanctions after...
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APLICATIONS
Injuries in Cargo Loading! Crew Entrapped Between Cargo Units
Summary
On 05 November 2016, an able seaman (AB) on board the Maltese registered roll-on roll-off (ro-ro) ship Catherine was severely injured during cargo operations....
