EC to Improve Working Conditions for Seafarers

The European Commission (EC) has proposed a new agreement between social partners to improve the working conditions of seafarers on-board European Union (EU) flagged...

Somali Pirates- Back for Good?

Somali pirates are touted to be back as reported recently in few headlines. However, the reality is different as piracy never left Somalia in...

Greek Shipowners Double their Ship Orders

Greek-owned shipping companies made a total of 58 new ship orders in the first half of the year, which is more than twice the...

Hazards Associated With Unguarded & Open Shell Doors

In the second case of its latest edition of the Safety Digest, the UK MAIB presented the risks associated with the insufficient training of...

Firming in the Container Charter Market Moving

Global Ship Lease, Inc., a containership charter owner, announced yesterday its unaudited results for the three months and six months ended June 30, 2017. Second...

London’s Baltic Exchange to Close Ship Futures Platform Baltex

The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year after a review, the London-run business said on...

MR Future Product Tanker Supply the Lowest on Record

In its analysis of the product tanker market, the shipowner said that during the second quarter of the year, “product tanker spot rates remained...

Fire Breaks Out in Ship’s Engine Room

On July 31, a fire alarm was raised by an offshore dive support vessel. What happened? The support vessel ‘Nor Da Vinci’ reportedly raised a mayday...

Cargo Vessel Runs Aground in River Volga

On July 29, a cargo vessel reportedly ran aground in a river. What happened? The general cargo vessel ‘KUDMA 4’ ran aground on 202 kilometer mark...

ABS Joins Industry Partners to Advance Autonomous Shipping

Offshore and marine industries company ABS recently joined the Unmanned Cargo Ship Development Alliance, a group aimed at developing and manufacturing autonomous shipping vessels. The...