Vessel Looses Stability Due to Heavy Icing
On February 28, a ship lost its stability after it developed a large angle of the list to heavy icing in Hanstholm.
What happened?
The vessel...
Drifting Oil Rig Damages a Container Ship
On February 28, a container vessel was damaged after it was hit by an oil rig after it broke away from its mooring due...
[Watch] Fire Consumes a Moored Ship
On 1st March, a vessel was ravaged by fire when it was moored in the Moskva River in Russia’s capital Moscow.
What happened?
The vessel was...
MISC Takes Delivery of 4th Seri C Class LNG Carrier Newbuilding
Seri Camar joins her sister MOSS-Type newly builds Seri Cenderawasih, Seri Camellia and Seri Cempaka on long-term charter to Petronas, MISC said in a...
New MARPOL Amendments Comes into Force! Is Your Vessel Compliant?
The latest amendments to MARPOL Annex V takes effect on 1 March 2018, and requires cargo vessel to implement changes associated with the handling,...
Oil Buyers Ditch Paper for Blockchain to Track Tanker Sales
Every day, dozens of oil tankers -- some as long as five football fields are set sail for ports around the world carrying millions...
Asset Market Review – VLCC
Over the course of 2017, VLCC tanker values exhibited price depreciation for the second consecutive year, as the market fundamentals put pressure on earnings....
Lower Capesize Rates Weigh on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, broke a six-day winning streak on Tuesday, fell below...
Next Role for Drones Could be Ship-to-rig Transfers
By David Foxwell
Every week seems to bring news of another new potential application of unmanned aerial vehicles or drones. The last couple of weeks...
New Ships’ Routeing Systems
The IMO NCSR Sub-Committee has approved the Danish Maritime Authority’s proposal for new ships’ routeing measures, thereby bringing new routes in the Skagerrak and...
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