Poor Supply Discipline Threatens Shipping Recovery
Demand is poised to outstrip supply in all three segments of the international ocean shipping industry in 2018, but risks of an ill-timed “ordering...
Finding Tanker Finance in a Difficult Funding Environment
New building slots will be available form 2019-2020 in major shipyards.
Funding is difficult in Europe as new banking rules are in force.
...
Port of Salalah Now Offers Ship-to-Ship Transfer Service for Bulk Liquids
The Port of Salalah completed its first ship to ship transfer operation (STST) at Salalah anchorage, recently as part of the port’s expanding service...
Schulte Strengthens LNG Hand with Acquisitions
The Schulte group has obtained the clearance from German Federal Cartel Office to go ahead with its planned acquisition of PRONAV and its fleet...
America’s Supertanker Terminal Set to Export Oil for the First Time
The flood of crude leaving the U.S. could be about to get a major boost: the nation’s top imports terminal is testing one of...
Water Ingress Off Constanta
On February 13, a vessel reportedly suffered water ingress 16 miles off Constanta in the Black Sea.
What happened?
The vessel ‘Delfi’ was loaded with diesel...
Tankers ‘Illegally Cleaning their Holds’ Might have Caused the Spill
On January 26, the people and authorities were shocked to find, that an oil spill had hit the Fujaira coast.
What happened?
After investigation, it was...
We Ship It: An Ode to the Love Between Captains and their Ships
We've spoken at length about our favorite ships, but some of our biggest ships in genre are also just the biggest ships in genre. They're very large—they...
ISO Develops New Standard to Ensure ‘Man Overboard’ Safety
The International Organization for Standardisation (ISO) has developed a new global standard that aims to ensure the safety of people who fall overboard on...
Engine Room Flooded Within 10–20 Minutes of the Grounding
Summary:
On March 6, 2017, about 0009, the uninspected commercial fishing vessel St. Dominick grounded in Pumicestone Bay, Alaska. The engine room flooded within 10–20...
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