50% Ships Scrapped Despite Increase in Scrap Prices
The marked improvement of the dry bulk market has led to the reduction in the number of ships sold for scrap, despite the fact...
Asia Distillates-Gasoil Differentials Fall on Higher Volumes to Singapore
Singapore gasoil differentials fell on Monday on the back of higher volumes of cargoes headed to the city-state, traders said. A closed arbitrage to...
Mega-Ship Demand Finally Decelerating
Demand for multipurpose vessels has stabilised in the last year but breakbulk and project cargo sector vessel demand will remain weak through to the...
[Watch] How to Paint a Monumental Work of Art on a Dry Bulk Vessel
CSL releases video documenting the making of The Sea Keeper mural
The CSL Group ("CSL”) released a five-minute video documenting how a spectacular 196,2 m2...
[Watch] Maersk Master from Salt Ship Design
Maersk Master was delivered to her owner Maersk Supply Service and named at Kleven Verft in Norway March 24, 2017. Her exclusive capabilities will...
Piracy in the Gulf of Guinea a Major Risk for Merchant Shipping
Nigerian Piracy in the Gulf of Guinea a Major Risk for Merchant Shipping
The Gulf of Guinea continues to be one of the most dangerous...
Drunken Captain Charged for Near Miss
Captain of the cargo vessel Helt is charged for intoxication by Swedish Prosecutors after the vessel was nearly grounded near Copenhagen.
On March 10, the...
Can a LNG-fuelled Ship be Salvaged?
Salvage industry is not prepared for an LNG-fuelled ship casualty
Do not let the ship sink, do not spill gas and do not let it...
First 20,000 teu Container Ship Belonging to Japan Hits Water
The world's first container ship with a capacity of a little over 20,000 teu has hit the water. The ship belongs to Japan's Mitsui...
Panamax Bulk Carrier Ran Aground in South China Sea
The Greek Panamax bulk carrier Lyric Poet ran aground in the South China Sea on 50 nautical miles off Pulau Belitung Island, Indonesia.
What happened?
The...
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