[Watch] Propulsion Loss due to Contaminated Oil

On Tuesday, Norway's maritime authorities announced that old, contaminated lubricating oil was the likely cause of the propulsion failure on the barge carrier Eide...

The Most Expensive m² of Prime Property in the World

So, you've got a million dollars burning a hole in your pocket and you're looking to put a luxury roof over your head? This...

Foreship Appoints Head of New Technology for Energy-saving Agenda

Leading naval architect and engineering company Foreship has appointed well-known ship energy expert Jan-Erik Räsänen as its Head of New Technology with effect from...

ClassNK Receives EU MRV Accreditation from UKAS

After undergoing extensive assessments, leading classification society ClassNK has become one of the world’s first classification societies to receive accreditation from the UK-based national...

Low Sulfur MGO Fuel Testing Guidance

Marshall Islands Issues Low Sulfur MGO Fuel Testing Guidance The Republic of the Marshall Islands (RMI) Maritime Administrator has issued a Marine Safety Advisory, which...

Common Safety Errors on Lifeboat Systems

Andrew Lemmis, SeaSafe notes  that lifeboat systems fatally injure more people than they save.  In the following article, Mr Lemmis explains the number of...

Giant Tanker that Caused a Splash on Clyde’s South Bank

It looks as though this boat is about to burst out over the yard wall into Govan. Sometimes we think of shipbuilding in Glasgow being...

BIMCO Ventures into Ship Finance

BIMCO SHIPTERM: BIMCO ventures into ship finance On 9 January 2017, BIMCO published its first ship finance related form – "SHIPTERM". BIMCO describes SHIPTERM as...

Why a Vessel Worth $60m was Sold as Scrap?

Shipping slump: Why a vessel worth $60m was sold as scrap In January 2010, the container ship Hammonia Grenada was delivered from a Chinese yard...

Bulker Values on the Rebound From “Rock Bottom” Levels

Dry Bulk Back From The Brink Bulker Values in the last 12 months have hit rock bottom and are now looking to show considerable promise....