Bulk Carrier Runs Aground in Greece
In the early hours of June 8, 2017, a Bahamas-flagged bulk carrier laden with sulphur reportedly ran aground off Greece.
What happened?
The bulk carrier St...
Crippled Container Ship Salvaged by Tugs
A 5,278 ton container ship F.Arslan V broke down off Lavernock Point and two tugs were called out to try to bring her back...
Shipping Money Makes The World Go Round…
The vast majority of the world’s trade in goods is moved by sea, and it has long been recognised how shipping is a critical...
Newbuilding Market Picks Up as Tankers Steal the Show
Shipowners and other market players appear to be loading up on newbuildings. In its latest weekly report, Allied Shipbroking said that “we still seem...
Wealthy Kingdom in the Gulf Diplomatic Storm
Key facts about Qatar: Wealthy kingdom in the Gulf diplomatic storm
Several Middle Eastern countries, including Saudi Arabia, Egypt and the United Arab Emirates, on...
Challenges Faced by Five German Shipping Banks
The five biggest German shipping banks face towering difficulties as the scope of their non-performing loans to ships is growing, notes rating bureau Moody's...
Baltic Dry Index Turns Higher After Long Losing Streak
The Baltic Dry Index turned higher on Wednesday after weeks of losses as the physical markets for BDI component ships finally found some stable...
Why Printers Add Secret Tracking Dots?
On 3 June, FBI agents arrived at the house of government contractor Reality Leigh Winner in Augusta, Georgia. They had spent the last two...
Big Advantages Claimed for First Rectangular Scrubber
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have jointly developed a large-scale rectangular marine scrubber that efficiently removes sulfur...
Advisory for Indian Nationals in Qatar
On 5th June 2017, Saudi Arabia, UAE, Bahrain and Egypt announced that they were cutting diplomatic relations with the State of Qatar, along with...