Panamax Spot Market Profitable than Time Charter
The most prolific question that haunts shipowners is the dilemma of employing a ship on time charter or spot market. As the dynamics of...
Chinese Shipping Firms Expands Fleet
The chinese shipping market is witnessing a sudden growth.
After a downturn of 7 years, the industry is recovering.
This optimism has lead...
Noble Group Sells Ship For $24 Million
A report published in the asia.nikkei.com highlights how the Singapore-listed commodities trader Noble Group's unit Core Integrity has agreed to sell to Bianca Corp,...
Is Your Vessel Set to Report the Mandatory Fuel Oil Consumption Data?
The mandatory fuel consumption data collection system for international shipping, adopted by the International Maritime Organization (IMO) in October 2018, has entered into force...
Shell Marine Prepares for More Cylinder Oil Uncertainties
The technical, commercial and regulatory variables in play when considering a ship owner’s optimum cylinder oil supply solution continue to rise. Shell Marine Global...
[Watch] Dredger Ship Capsized
A ship capsized while carrying out dredging work at the Bogense Harbor and Marina, about 200 metres off the port.
For more information, please visit...
[Watch] Watchkeeper Distracted by Social Media Results in Collision
Summary:
At 00:26 on 6 August 2017, the 5.64m recreational motor cruiser James 2 and the 26.24m commercial fishing vessel Vertrouwen collided in Sussex Bay,...
Maritime Safety Group Formed Due to Ship’s Grounding
In the late January of this year, a Maritime Safety Group was set up by the Maritime Cluster Northern Germany (MCN), keeping in mind...
MPA Thanks ICG in Controlling the Maersk Ship Blaze
On March 10, the Singapore Government, through its maritime and ports authority, thanked the Indian Coast Guard (ICG) for its prompt action in extinguishing...
Tanker Explodes! Malfunctioning Fuel Pump Blamed
On March 10, a fuel tanker erupted in giant explosion after malfunctioning of the fuel pump in northern Vietnam.
What happened?
The fuel tanker ‘Hai Ha’...
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