9 Out of 20 Major Shipping Firms will Disappear by 2018
The CEO of Hapag-Lloyd, the world’s fifth-largest container shipping company, expects consolidation in the sector to continue this year, further reducing the number of...
Woman Falls to Her Death Aboard Carnival Cruise Ship
On January 19, in an unfortunate turn of events a woman reportedly died after falling several decks from the balcony of her cabin.
What happened?
The...
7 Missing After Vessel Collides with Cargo Ship Near Hong Kong
On January 21, seven people were reportedly killed after fishing boat reportedly collided with a cargo vessel near Hong Kong.
What happened?
The cargo vessel reportedly...
From Smart Cars to Cargo Ships: How IoT is Changing Transportation
Similar to cars, automated ships are on the horizon.
IoT connectivity is creating new age automated vessels.
Rolls Royce has already developed...
Greeks Top the List of Used Ship Buyers in 2017
Greek-owned shipping companies last year invested US$4.7 billion in the acquisition of used oceangoing vessels and another $4.7 billion into new builds. As a...
Big Data to Grow Market Share for Panama Canal
With responsibility for managing one of the world’s foremost shipping channels, this agency set out to estimate, how a planned $5 billion expansion would...
Tanker With Russian Gas for Boston Makes Mid-Atlantic U-Turn
LNG tanker Gaselys was scheduled to arrive in Boston by Saturday
Vessel reversed course to Spain after almost 21 days en route
Three weeks...
Bulk Carrier Rates Sink as Brazil’s Iron Ore Exports Wane
Rising inventories in China adds to the 60% price fall in the bulk carrier rates from mid-December.
The Decline
Charter rates for bulk carriers fall,...
Shady Triangle: Southeast Asia’s Illegal Fuel Market
An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves...
[Watch] ‘Noah’s Ark’ Crashes Into Other Ships in Dutch Harbor
In the beginning of 2018, the replica of Noah’s Ark reportedly crashed into multiple ships in a Dutch harbor due to strong winds.
What happened?
The...
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