Japan’s Big Three Shippers Bullish
Japan’s big three shippers -Mitsui OSK Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha (K Line) - have reported profits for...
Global Container Ship Market Professional Survey Report 2017
The Container Ship Market 2017 examines the performance of the Container Ship market, enclosing an in-depth judgment of the Container Ship market state and...
Maritime Chokepoints are Critical to Global Energy Security
The U.S. Energy Information Administration has released its 2017 World Oil Transit Chokepoints report. Chokepoints are narrow channels along widely used global sea routes...
[Watch] Only a Month to Go for Ship Compliance
There is just one month to go for shipowners and managers to ensure that ECDIS on their ships is compliant with the latest industry...
Maersk Ship Collided with Vessels, 9 People Missing
On August 2, a container ship reportedly collided with a tug vessel which was employed in pushing barges on the Amazon river.
What happened?
The Maersk...
Tiny Spider Appears to Have Sailed Across an Entire Ocean
Spiders in the family Migidae don’t get out much. Known as “tree trapdoor spiders,” they are unapologetic homebodies, spending nearly their entire lives chilling...
Autopilot Fault Causes Passenger Ship Damage
On July 28, an autopilot failure resulted in a passenger ship striking the bottom of the Sea damaging its hull.
What happened?
The passenger vessel ‘Ferry...
Cargo Theft: A Billion-dollar Problem
The marine industry is increasingly becoming a victim of cargo theft and cargo loss each year. However, new technologies prove to be an advantage...
Spectre of Overcapacity Returns to Haunt Liner Shipping as Newbuilds Queue Up
The spectre of overcapacity is clouding recent analyst optimism that ocean carriers could be heading for a period of sustained profitability.
During the first six months...
Lower Forever Oil – A Denouement
Lower Forever Oil - A Denouement
We have been saying for the last 3 years that the oil prices are not going to go up....