[Watch] The Way Big Ships are Launched Looks Completely Insane
Getting a new ship into the water is, presumably, the most important part of building a seafaring vessel.
Not all ships are created equal...
Bulk Report – Week 33
Capesize
A week of largely unfulfilled expectations with holidays is again curbing activity. Rates remained essentially healthy, but despite bad weather in China, possibly causing...
Greece Saves the Euro
Greece completes ESM’s €61.9bn (£55bn; $70.8bn) bailout programme.
The economy has grown slowly in the past 3 years and is 25% smaller than...
Gulf Navigation Vessels are 2020 Ready
Gulf Navigation holding has entered two of its petrochemical tankers into the dry dock for the mandatory five-year maintenance. This includes major upgrades to...
Maersk to Spin Off Drilling Business
On August 17, the Danish shipping giant A.P. Moller-Maersk confirmed that it would spin off its offshore drilling operation and list the unit in...
42 Greek Vessels Goes for Bilfinger Scrubbers
The industrial service provider Bilfinger is planning to conquer new markets due to its scrubber technology.
Secured several contacts
The service provider group has secured several...
British Woman Overboard! Spent Ten Hours in the Sea
On August 19, a British woman was rescued from sea after she fell off a cruise ship. The woman had been struggling for ten...
Tanker Feared to be Hijacked
On August 13, a tanker was reported missing in the Gulf of Guinea and efforts on contacting the vessel went in vain.
What happened?
The...
Dynamics of WS Flat Rates and WS Spot Rates on Tonnage in 2020
Weekly Tanker Market Report
The concept of Worldscale is not an easy principle to grasp, particularly for those outside the tanker industry. The task gets...
Virtually Passing Over the Isolated Danger Caused Grounding
Summary
On 12 July 2017, the Maltese registered container ship Kea Trader ran aground and stranded in position 22° 02.28' S 168° 38.25' E (Recif...
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