Dry Bulk Rebound Pushes Newbuilding Ordering Activity
The rebound of the dry bulk market has prompted some ship owners into committing more funds towards the newbuilding market, despite the slowdown of...
BIMCO’s Practical Guide for Shipmasters on BWM
BIMCO, the world’s largest international shipping association, has launched a practical guide for shipmasters managing new ballast water management systems. It coincides with the entry into...
Damaged Seal in Fuel Oil Pump Results in Collision
Summary
A Platform Supply Vessel (PSV) collided with the legs of a jack-up drilling rig, causing some damage to the PSV. The incident occurred after...
Salvors Deal with Bulker Fire
An on-going salvage operation has highlighted potential dangers from shipboard fires and dealing with the phenomenon of chemical reaction.
The incident started when the British-owned...
Adrift Container Ship Towed to Safety
On September 26, a container ship which was reportedly adrift in the Arabian Sea has been towed to safety.
What happened?
On September 18, the container...
Tanker Barge Collides with Container Barge
On September 24, a tanker barge was reportedly involved in collision with a container barge on the Waal near Weurt.
What happened?
The Dutch flagged container...
87 Hurt as Ship Collides with a Rock
On September 26, nearly 87 people were hurt when a passenger ship collided with a huge rock formation.
What happened?
The passenger ship ‘M/V Matilde’ was...
Scorpio Acquires Six Dry Bulk Ultramax Vessels
Scorpio Bulkers Inc. announced that it has entered into an agreement with an unaffiliated third party to acquire six Ultramax dry bulk vessels for $142.5...
Damen Tanker 8000 Shallow Draft Launched
On 20 September 2017, the first DAMEN Tanker 8000 Shallow Draft (DT8000 SD) was launched at DAMEN Shipyards Yichang, China.
In direct response to the...
Dry Bulk Recovery – Focus on Iron Ore
By James Catlin
Summary:
2017 can be seen as the beginning of a much awaited dry bulk recovery.
Capesize rates have surged over the past couple...
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