50 Years Ago: Dramatic Sea Rescue by Three Men in a Skiff
In the January 11, 1967 edition of the Caymanian Weekly, a precursor of the Cayman Compass, Birney James provided a report on a dramatic...
The See-Saw Battle Between Opec and US Based Shale Producers
OPEC countries last month cut oil production and this sparked a rally in crude prices. Saudi Arabia carries the impression that shale producers from...
Aframax Rates Plummet as Tonnage Blooms, Cargoes Wither
The first fixture of the year in the Americas using Worldscale 2017 rates sent the Aframax market into a tailspin as positions lists grew...
Asia Tankers-VLCC Rates to Fall on Reduced Cargo Demand
Freight rates for very large crude carriers (VLCCs) are expected to slide further next week on reduced cargo demand after the New Year holiday,...
Tankers’ Ship Scrapping in 2016 Not One for the History Books
Tanker scrapping during 2016 won’t go down in history for breaking any records. With most ship owners having relatively young fleets after the investment...
Asia Dry Bulk-Capesize Rates Firm as Weather Delays Weigh
Freight rates for large capesize dry cargo ships on key Asian routes are likely to remain firm for at least two more weeks as...
[Watch] Rescue Workers Scoop Crew from Stranded Tanker
A tanker has run aground off Little Pond, N.S., after experiencing engine failure and rescue crews have successfully removed six people from the stranded...
Cruise Ships, Passengers, Pivot in Shooting Aftermath
The cruise ship world was rocked by a deadly shooting in the baggage claim at the Fort Lauderdale – Hollywood International airport on Friday.
What...
Uber is Closing in on Volkswagen
The sharing economy is booming, especially when it comes to ride sharing. Services such as Uber and Lyft, that come with handy apps that...
Cargo Vessel Hit and Run a Boat
Unidentified Ship Hits Fishing Boat
An unidentified ship, said to be a cargo vessel, has hit and sank a fishing boat off Kerala coast injuring...
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