Moody’s Revises CMA CGM’s Outlook to Positive
The corporate family rating of French shipping major CMA CGM has been affirmed at B1, the probability of default rating at B1-PD and the...
Ship Trials in the Virtual World with CFD Simulation Technology
Today, we have several different options for assessing hydrodynamic performance. Empirical benchmarking, by searching databases for vessels with similar principle parameters, can be a...
Collective Response on Low-sulphur Regulation Required
A collective response by stakeholders in the container shipping value chain was required to effectively address the critical challenge of meeting the new emissions...
Failure To Pass Alert Patches Buoy Results in Damages
Summary
On 15 March, shortly after 23:00, Navios Northern Star was transiting the Prince of Wales Channel, Torres Strait, on an easterly heading towards the...
Charter Market Provides a Boost for Smaller Containerships
Owners of smaller containerships, with limited exposure to the volatile deepsea east-west trades, are enjoying increases in daily hire rates and enquiries for time...
Cruise Ship Secrets Revealed: Do Cruise Liners Have a Prison Onboard?
CRUISE ships are known for being as extensive as some cities with onboard amenities and services, but what do they have a jail for...
Americas Crude Tankers Gain on US Exports
Rapidly rising US crude exports have propelled freight rates for 2mn bl tankers in the Americas to six-month highs, mitigating the impact of surplus...
Hazards in Low Freeboard Pilot Transfers Costs a Life
Summary
On 5 October 2016, a Port of London Authority sea pilot was in the process of boarding the Bahamas registered general cargo vessel Sunmi...
Reduction in Plunger Sticking Claimed with New Anti-sticking Pump Elements
Deposits in the barrel can significantly impede the pump’s operation. Common measures such as the regular cleaning of the pump element are very time-consuming...
Scrubbers Fail to Register in Global Orderbook
Ships with scrubbers, the exhaust abatement technology which removes sulfur from ships' emissions, represent a tiny part of the overall orderbook for new ships...
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