Sale and Purchase Market Report

Secondhand Tankers: Southport Atlantic reported the Toisa fleet of “UNITED KALAVRYTA”(159,156 dwt, Built Hyundai 2005) at US$ 17.75 million; the buyer is now reported to be AvinOil; this...

Tanker Hulls for Dutch VEKA Shipbuilding

Open4Business reports that the Smart Maritime Group (SMG) of Smart-Holding has started implementing its contract to build two chemical tanker hulls, under an order...

Action Platform for Sustainable Ocean Business

Recently, the UN Global Compact Action Forum has published a report on sustainable ocean business. The report provides a thorough guidance on the matter...

Shares of Small Japanese Shipping Firms Jump up

As the North Korean Leader Kim Jong Un met the US President Donald Trump last week to discuss many an issue, Japanese shipping  firms...

[Watch] Ship Runs Aground, Nearly Hits Duluth Break Wall

On June 17, a freighter ran aground and nearly collided with city’s break wall. What happened? The 1,004-foot freighter ‘M/V American Spirit’ when it ran aground...

Canadian Ship Fire to Burn for Days in NSW

On June 18, a Canadian freight ship that was docked in the New South Wales port caught fire and the firefighters are fighting hard...

Large Cargo Ship Sinking in Croatian Adriatic

On Sunday morning, June 17, 2018, a major maritime incident occurred near the island of Jabuka on the Croatian side of the Adriatic...

Ballast Must Now be Comprehensively Planned and Embraced

The IMO’s Marine Environmental Protection Committee (MEPC) has reinforced regulations requiring all ships to install ballast water management systems (BWMS). With discussions at the...

Crappy IoT on the High Seas: Holes Punched in Hull of Maritime Security

A demo at the Infosecurity Europe conference in London by Ken Munro and Iian Lewis of Pen Test Partners (PTP) demonstrated multiple methods to...

Daredevil Operation Onboard a Drifting Cargo Ship Saved a Disaster

In the early hours of June 14, a cargo ship caught fire and twenty two members present onboard the vessel were rescued. What happened? The cargo...