Two Vessels Suspected of Oil Smuggling Captured

On Friday, Two vessels suspected of smuggling oil have been captured by the Libyan naval forces captured after gun battles lasting several hours west...

World’s Largest Containership

Samsung Heavy Industries Builds World’s Largest Containership with Intergraph Smart® 3D Samsung Heavy Industries (SHI), one of the world’s leading shipbuilders, has used Intergraph Smart®...

How a CEO Made Millions From a Sinking Ship

When stocks rose after last year’s presidential election, DryShips Inc. left the market far behind. The little-known Greek dry bulk carrier’s epic one-week rally...

Biggest Ship Sets Record Lifting 24,000-tonne Platform

The world's biggest ship has set a new record lifting a 24,000-tonne oil platform. The Pioneering Spirit heaved the topside of the Brent Delta platform...

Containership Capacity: Owners Hoping it’s the Start of Improved Returns

Idled containership capacity has shrunk by 28% in the past two weeks to 696,000 teu, according to Alphaliner. And the maritime consultant said it expected...

Private Independent Shipowners’ Days Numbered

The best days of the private independent shipowner are over, according to the audience who took part in a poll at maritime conference in...

MacGregor Divests Woodfield Systems Ltd.

MacGregor, part of Cargotec, sells the majority shares of Woodfield Systems Ltd. Woodfield became part of MacGregor in January 2014, when MacGregor acquired mooring...

Baltic Dry Index Down for Seventh-straight Session

Capesize rates have finally turned higher. They snapped a six-session losing streak on Thursday, but the capesize index’s turn higher wasn’t enough to buoy...

MAN Debuts New SCR for Two-stroke Engines

MAN Diesel & Turbo and its licensee Mitsui Engineering & Shipbuilding introduced its new high-pressure selective catalytic reduction (SCR) system, MAN SCR-HP, at an...

Costly Bilge Water Non-compliance

A new white paper from Alfa Laval addresses ship owner concerns to ensure vessel compliance with bilge water regulations worldwide. Even if a traditional...