Greece Retains The Top Position in 2019 Top 10 Global Fleet Values

The top 10 global fleet values position has been released by Vessel values. Greece has bagged the top position and its fleet has...

Cargo Ship Lost 345 Containers and Still Counting

Freight ship 'MSC Zoe' loses 345 containers at sea. The search party has retrieved most of the containers from the sea bed. Around...

Explorers to Break Through Sea Ice to Endurance, the Shackleton’s Ship

Antarctic explorers are to break their way through 75 miles of sea ice in an effort to reach the final resting place of...

How Do You Ship a 300 Million Year Old Tree Stump?

The fossil of a tree stump at the Museum of Natural History is destined for the Royal Ontario Museum’s new "Dawn of Life"...

Failure to Maintain Proper Lookout Causes Collision of Vessels

  On June 2, 2016, about 0111 local time, the dump scow barge 123 being pushed by the towing vessel Matachin collided with the US...

New is Better in LNG Propulsion : Concludes Major Study

Study shows owners prefer LNG propulsion in newbuilds than retrofit existing ones. Out of 143 vessels of global LNG-fuelled fleet, only 8 are...

Capesize Rates Retreat on Weak Fundamentals

China’s economic slowdown and the softening Panamax market weakened freight rates this week. Capesize 5 time charter average recorded at $14,608, down $998...

Weekly Maritime Security Report – Week 5, 2019

The Weekly maritime security report for the 5th week of this year has been published by the Protection Vessels International. The report dated 5th...

How to Prepare for the Big 6 IMO 2020 Questions Within 11 Months?

Carriers will play a major role in complying with IMO regulations by ensuring their fleets meet the sulfur requirement. Prices for carriers using...

Top 7 Brave New Ideas in Green Shipping

The shipping industry is up for major changes to curtail emissions with much tougher rules awaiting in 2050. Apart from the sulphur regulations...