China’s New Tool in Becoming a Global Maritime Power
China began 2018 by making important strategic moves in the shipping industry. On January 10, COSCO Shipping Development, COSCO Shipping’s leasing finance arm announced...
Bulk Carriers Held Up in Burnie Port
Up to five merchant ships were seen anchored near Burnie Port on Sunday as they made way for the Norwegian Jewel cruise ship.
The bulk...
Hedge Funds Make Bets on Shipping Stocks Grappling for Recovery
Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675-million on signs...
Moving as ONE (Ocean Network Express)
ONE, an unified ocean network system seeks to combine the strengths of 3 Japanese shipping giants.
It’s designed to meet the customers’ needs...
Rescue of 1,200 Tonne Cargo Ship Off Skye
The 65m long cargo ship, CEG universe carrying 1200 tonnes of cargo was rescued by lifeboats down the coast of Skye.
What happened?
The vessel carrying...
Pirates Driven Using Oil and Boiling Water
A pirate attack on the southern Philippines sea was repelled by the ship’s crew by using a mixture of boiling water and oil purpose.
What...
[Watch] Collision of Vessels Caught on Video
A video footage of a turkish coast guard vessel colliding with a stationary Greek patrol boat, near a pair of Aegean Sea islets, emerged...
Maersk’s CEO Can’t Imagine Self-Sailing Box Ships in His Lifetime
CEO sees limited cost benefits in removing last crew members
Rolls-Royce has put its autonomous marine activities for sale
The chief executive officer of...
[Watch] SMIT Salvage – Wreck Removal of Container Ship
SMIT Salvage successfully removed the wreck of the TS Taipei, offshore Shimen in the north of Taiwan. The container ship ran aground after an...
Plane Crash: All 66 People on Board Feared Dead
Sixty-six people are feared to have been killed in a passenger plane crash in the Zagros mountains in Iran.
The Aseman Airlines plane, en route...
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