MPC Eyes Expansion into Wider Markets with Purchase of Bigger Box Ships
Emerging feedership owner MPC Capital has purchased three secondhand Panamax container vessels as it looks to expand into larger box ship markets.
Focus on LCVs
The...
Ship Scarcity Threatens LNG Market Growth More than Tight Supply – IEA
The lack of timely investments in building the LNG carrier fleet threatens market development and security of supply, which could materialize earlier than insufficient...
Ship Operating Costs May Go Up in 2018 and 2019
Cost of drydocking, maintenance and repairing expenditure will increase by 2.3% in 2019.
Lubricants and spare cost in 2019 will increase by 2.1%...
[Watch] Drone Captures Civil War-Era Shipwreck
Incredible drone video shows a clear view of a steamer believed to have been a blockade runner during the Civil War.
Disclaimer: This video is...
Pilot and Bridge Team Mis-communication Grounds Vessel
Summary
At 1137 on 4 May 2017, the UK registered container ship CMA CGM Centaurus made heavy contact with the quay and two shore cranes...
Contaminated Bunkers: Barking Up the Wrong Tree?
An epidemic of ships experiencing fuel-related problems with seemingly on-spec fuels this year, starting in the US Gulf, has led to feverish speculation about...
IMO Adopts Carriage Ban of Non-compliant Fuel Oil
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Maritime Organization...
IBM and Maersk Struggle to Sign Partners to Shipping Blockchain
It's hard enough to get enterprises that compete with each other to work together as a team, but it's especially tricky when one of...
Kidnappers Release Twelve Crew Members of Swiss Bulker
On October 28, the Swiss judicial officials have released the twelve crew members of a Swiss ship reportedly seized off Nigeria coast.
What happened?
On September 22,...
Deals and M&As this week: Verifavia Shipping, Hapag-Lloyd Cruises, Fincantieri
In a recent development,Verifavia Shipping has secured contracts from Walaem Ship Management and Zeaborn Ship Management to offer verification services.
What's in the contract?
Verifavia will...
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