Explosion at Shipyard Claims Four Lives
On August 20, four people unfortunately lost their lives in an explosion that occurred at a shipbuilding yard.
What happened?
The explosion occurred at an STX...
43% of BWM Systems ‘Inoperable’ or ‘Problematic’
A survey of owners and operators that have fitted ballast water management systems (BWMS) by classification society ABS found that some 43% were considered...
Amazon vs Maersk: The Clash of Titans Shaking the Container Industry
Approximately 90% of the world’s trade travels by sea and one would expect the industry’s supply chain to be the height of modernity by...
HMM Add IoT Tech to Refrigerating Containers
Hyundai Merchant Marine is trialing the use of Internet of Things (IoT) technology to its refrigerating containers to better monitor freshness of temperature-sensitive products...
Bunker Fuel Contamination of Cargo
The UK P&I Club informed about a bunker fuel contamination incident onboard a general cargo ship, during loading a bulk cargo, providing a description of...
Hanjin Assets Won’t Satisfy Creditors
South Korea’s Hanjin Shipping, which faces credit claims totaling around $10.5 billion, has raised only a fraction of that amount from asset sales since...
China’s Oil Imports a Boon for Tanker Owners
The emergence of China as a leading global force in trade has seen shipping among the leading beneficiary industries. So far, this effect was...
Idle Fleet Sticks Despite Strong Cargo Demand
The idle container ship fleet has crept slightly higher even as strong cargo demand across all liner trade lanes continues to spur activity in...
Billionaire Paul Allen Finds Wreckage of World War II Naval Ship in the Pacific
The wreckage of U.S. Navy cruiser, lost during World War II, was found Friday by billionaire philanthropist Paul Allen and a team of researchers.
The vessel, the...
Upcoming Technologies – Is it a Friend or Foe for Shipping?
Maritime business, though pivotal in running the world economy, is surprisingly late and slow in implementing and adapting to technological advancements. The current trend...
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