Hydrodynamic Forces Affect Overtaking Maneuvers Resulting in Collision
Still image extracted from video on board the Monte Alegre, showing the Chembulk Houston’s starboard-side bow and anchor in contact with the Monte Alegre’s...
Solid Demand Growth Reduces Spot Rate Volatility
Demand
As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight...
Baltic Dry Index Could Take a Breather from Recent Gains
The Baltic Dry Index may experience a quiet week, with activity calming ahead of a long weekend in many countries. The upcoming weekend is...
Strong Demand Improves Market as it Exceeds High Fleet Growth
A critical work of balance has been going on in the dry bulk market for quite some time. In its latest short-term outlook of...
Bio-fouling, Ballast Water and the Barnacle Bill
It was some 45 years ago that marine biologists working in the South of England commented on new species of seaweed which were appearing...
Newbuilding Activity Set for a Pick Up
Newbuilding orders are bound for a quick pick up of pace over the next few weeks, as buying interest from ship owners is more...
Here’s How Many Barrels of Oil Lost to Harvey
It is estimated that Hurricane Harvey may have claimed millions of oil barrels out of the U.S energy market.
Oil production takes a hit:
Due to...
Greek Tanker Arrested for Smuggling Oil
On 28 August, the Libyan coast guard detained an oil tanker on suspicions of smuggling oil out of the country.
What happened?
The Libyan coast...
[Watch] Drone Footage of Symphony Spirit Launch
On Friday the 25th of August, 11.00 hrs, Ferus Smit's Nb. 421 was launched in Leer.
Nb. 421 named as ‘Symphony Spirit’ is the fifth...
11 Largest Container Shipping Companies in the World
11 largest container shipping companies in the world account for a majority of the container traffic moving around the world’s major ocean routes. Today almost...
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