Sino-Global Shipping America: A Positive Risk/Reward Scenario

by Amit Ghate Summary Sino-Global Shipping America has embarked on a change in business strategy. Early indications show positive earnings and sizable gross margins. If the...

Owners Need to Scrap Larger Dry Bulk Vessels for Sustained Recovery

DRY bulk vessel owners will have to start scrapping more vessels of higher deadweight tonnage in order to alleviate the overcapacity problem. Lloyd's List Intelligence...

Oil Tankers to Cruise Ships Fueled by LNG Offer Hope on Glut

When Russia’s biggest tanker operator launches four new vessels next year, they won’t just be carrying oil to northern Europe but the hopes of...

[Watch] Azure will be Maersk’s “Preferred Cloud”

Score one for Microsoft  Azure in its battle for big, industrial cloud customers. Maersk, the world's largest shipping company, says it will use Azure...

How are Monitoring Reporting Solutions Impacted by MRV?

One of the highlights of HullPIC 2.0, the hull performance and insight conference in March 2017, is the contribution by Torsten Büssow and Jarle...

More Water Required for Panama Canal for Fourth Set of Locks

The Panama Canal Authorities are currently focused on securing more water resources for the artificial 77 km waterway dug through the Isthmus of Panama,...

[Watch] Singapore is World’s Top Maritime Capital

Singapore has emerged as the world's top maritime capital in a report launched Wednesday, by Norwegian consulting firm Menon Economics. The annually report, "Leading Maritime...

Somali Pirate Gets Life in Prison for Attack on US Ship

A Somali pirate has been sentenced to life in prison for his role in attacking a U.S. Navy ship. What happened? On Wednesday, Federal prosecutors said that...

[Update] Explosion in Bulker’s Storeroom Kills Two

Authorities reported that two crew members injured in an explosion aboard a ship in the Atlantic Ocean have been flown to Portugal’s Azores Islands...

Are Your Ship’s Hatch Covers Weathertight? – UK P&I Club

The UK P&I Club’s Loss Prevention Department, in conjunction with the IMCS Training Academy, advises on the importance of hatch cover maintenance: Whether a...