Drewry: Breakbulk Rates to Rise by End of 2017

Multipurpose shipping freight rates to improve by end 2017 The multipurpose shipping market will see the first signs of recovery by the end of 2017,...

UFO Collision in Seas! Claims Five Skippers

The adventurers that seek races and records when circumnavigating the world once had only two worries – fierce storms and drifting ice.  But a...

Oil Spill and the Threat to the Ecosystem

Incident: The 147,000 tonne oil tanker Sea Empress ran aground on February 15th 1996 at 8.07 pm, despite being under the control of one of...

[Watch] Two Ships Collide Near Johor, Trigger Major Oil Spill

Two container vessels, one of them Singapore-registered, collided off Pasir Gudang on Tuesday, resulted in nearly 300 tonnes of oil spill.  Maritime and Port...

Swansea Shipping Container ‘Box Village’ Plans Unveiled

Plans for a "box village" built out of shipping containers in Swansea have been unveiled. The scheme would form part of the £300m University of...

Carnival Forecasts Average Bunker Price to Rise 32% in 2017

Carnival Corporation & plc announced U.S. GAAP net income for the full year 2016 of $2.8 billion, or $3.72 diluted EPS, compared to $1.8...

Maersk, Alibaba Team up to Offer Online Booking of Ship Places

Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese...

Cargo Ship Collides, Oil Slick Moving Towards Singapore!

Cargo ship collision leads to oil leakage A Singapore-registered, container vessel Wan Hai 301 and a Gibraltar-registered, container vessel APL Denver collided last night off...

Hydrex Averts Panama Canal Delay with Underwater Sterntube Renewal

Hydrex Underwater Technology has assisted an excavation vessel hemorrhaging oil from a stern tube seal entangled with steel wire to pass safely through the...

Ship Stranded at Sea for Two Days Due to Smog

The smog scenario has reached a worst case when a large cruise ship with more than 2,000 people on board was stuck at sea...