How do Alliances Affect My Rates and Service Contract with a Carrier
An alliance is a group of ocean carriers joining forces to operate ships on some trade routes. Only the vessels and its operations are...
[Watch] 5 Key Questions to Consider in the Maritime Security Sector
Maritime security is one of the 17 major subjects for NATO, particularly with reference to the Mediterranean and the passage of immigrants and terrorists.
Increasing...
Top 4 Hook Awareness Checks to Avert Disasters
What Happened:
A routine operation was carried out to transfer a bulk hose between a platform and a PSV, with the help of the platform...
Will Scrap Yards Solve the Crude Tanker Glut?
Depending on when and where one looks, day rates for very large crude carriers (VLCCs) run between $8,000 and around $20,000. The sad fact...
Wisdom Marine Books Two More Bulkers in Japan
Taiwanese shipping company Wisdom Marine is investing USD 68 million in two new NOx Tier III bulk carriers.
The company said that the two 82,400...
Ship Benchmarking System Relaunched
Overview
BIMCO relaunches ship benchmarking system, a Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their...
A Tool to Visualize the Sounds of Vessel’s Engine
NYK and MTI Co. Ltd. have jointly developed a diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant....
Chemical Tanker Stops Pirate Attack
A chemical tanker has been successful in thwarting a pirate attack carried out by suspected Somali pirates.
What happened?
The chemical tanker ‘MT Leopard Sun’ was...
Fire in the Galley Aboard a Container Vessel
On February 25, a fire reportedly broke out in the galley of a vessel on the Danube and the crew members were having a...
Salvage of Damaged Lock Gate may Take Time
The lock gates of Kiel-Holtenau which was reportedly demolished after a cargo vessel rammed into its gates is likely to take weeks to be...
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