Ship Total Losses Fell in 2018

Allianz reports that in 2018, 46 total losses of vessels were reported worldwide. It was down from 98 losses 12 months earlier, with...

Trade Tensions Worry Ship Operators

Recent weakness in shipping rates sends an ominous signal just as some major economies are starting to stumble and trade tensions are rising. ...

Weekly Tanker Report – Week 23, 2019

The Baltic Briefing has issued the tanker report for the 23rd week of this year. The report dated 7th June 2019 provides a valuable insight into...

Belgium To Spot Check Ships for BWMC Compliance

Belgium has become one of the first European nations to enforce the mandate for IMO Ballast Water Management Convention. The Belgian government has selected...

Carnival Fined $20 Million for Dumping Trash into the Ocean Again

According to an article published in Business Insider, Carnival Corp. will pay $20 million after Princess Cruises, a Carnival subsidiary, admitted to violating the...

Maersk Ukraine Predicts Slowdown Growth of Container Traffic Market in Ukraine

According to the Director General of Maersk Ukraine, Roman Koloianov, Maersk Ukraine expects a slowdown in the growth rate of the container traffic market...

[Watch] Bystanders Run From the Scene As Towering Ship Bears Down on Them

Footage of the incident showed passengers who had been waiting at a wharf in San Basilio-Zattere fleeing for safety as the huge ship, its...

Maritime Cyber Risk Management Forum

The 2019 Maritime Cyber Risk Management Forum is scheduled to be held in London at Norton Rose Fulbright in the London Riverside, on 25th...

Japan To Test IMO-Compliant Bunker Fuel From Refiners on Coastal Ships Soon

A recent report by Platts from Tokyo says that  Japan's transport ministry intends to run a trial soon to use bunker fuel from local...

Argus launches IMO 2020-compliant assessments for Zhoushan, China

According to a PR Newswire article, the global energy and commodity price reporting agency Argus has launched two price assessments for marine fuels delivered...