Time to Phase Out Heavy Fuel Oil in the Arctic
On Nov. 28, 2004, the Malaysian flagged cargo vessel Selendang Ayu departed the Port of Seattle on a voyage to Xiamen, China, carrying a...
Maritime Credit Insight
Shipping bonds issuance momentum continues - October 2017
by Drewry
A growing number of shipping companies have taken advantage of the low interest rate environment and...
VLGC Market Dipped in Average Third Quarter Earnings
The Executive Committee of EXMAR NV reports its third quarter results 2017.
Highlights of recent developments are:
Sale of BELGIBO (insurance brokerage) to Jardine Lloyd...
Reduced Margins of Operational Safety Grounded an Ultra-large Container Vessel
Summary
In the early hours of the morning on 22 August 2016, the 399m long ultra-large container vessel CMA CGM Vasco de Gama grounded on...
New Maritime Safety Rules Sail to EU
New legislation to simplify and improve passenger ship safety rules were adopted by the European Council on October 23.
“The adoption of these new safety...
No Encapsulation! New Gas Valve Unit Increases Engine Efficiency
Shipowners and shipbuilders can increase engine efficiency, save energy and reduce costs with a new gas valve unit.
Eltronic FuelTech’s Geminus is also engineered to...
Where is the Container Shipping Industry Headed?
By Jason Chiang
I was invited to speak at a panel on container shipping at the Bloomberg Intelligence Shipping Seminar. Rahul Kapoor, Asia Pacific Transportation Analyst,...
[Watch] Brave Footage of ‘Water Tornado’ Heading Towards Their Ship
A massive 'water tornado' swirling above the sea was captured in dramatic footage by two brave sailors - as it headed straight towards their...
Fire Ants Found at Gwangyang Port
On October 26, around 100 tropical ants were discovered inside a container at Gwangyang Port, South Jeolla Province.
What happened?
The tropical fire ants are suspected...
€92 Million Lock Opens for Euro Traffic
A giant new river lock which can handle modern river and canal motor ships up to 110m in length and will significantly improve European...
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