South Korea to Assist in 200 Ship Orders

The South Korean government has decided to assist its local shipping firms in placing orders for 200 ships by 2020, including 140 bulk carriers...

Ship’s Anchor Ripping Up Pipeline Likely Oil Spill Cause

A vessel that anchored off the coast of Indonesia was found to have caused an oil spill that claimed the life of five fishermen. What...

[Watch] Safety Concerns for Electric Ships – Is the Industry Doing Enough?

By Grant Brown, Vice President, Marketing, PBES The growing numbers in hybrid or fully electric ships navigating waters worldwide has increased concerns about their onboard...

Shipping Industry Braces for Chinese Trade War

The shipping industry might lose a lot in a potential trade war between the US and China. Millions of jobs and the bottom lines...

Orders Newbuild MR Tanker Trio at GSI

A report published in the marine log says, that the Copenhagen headquartered tanker owner Torm has exercised options for the construction of three MR...

Shipping Rate Rises Pose a Risk to Trade

The International Maritime Organization (IMO) has finally gave in to pressure and has announced to change ship pollution regulation, after 30 years of collective...

Diana Shipping Time Charters With SwissMarine

Diana Shipping Inc, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has...

Seven Hapag-Lloyd Vessels Benefit from MacGregor

MacGregor, part of Cargotec, is upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels. A...

Rapid Cargo and Control Monitoring System Repair by PSM

The chemical tanker MT Caspia, developed some problems in its original tank radar transmitters as the contractors found out a transmission failure during a...

Barge Drifted Unmanned Through Brake Port

On April 1, a barge moored at port was unmoored by miscreants and drifted unmanned through the port of Brake. What happened? The tanker barge ‘Sero’...