Bulk Shippers Hit by Commodity Storm
The dry bulk shipping sector has been dashed upon the rocks of vessel oversupply and slowing economic growth. Not dry bulk shipping business is grappling with anā¦
Chinese, Greek Ship Owners Accounted for 40% of Global Recycling
According to Clarkson Research Services, the record pace of fleet growth over the last decade and weakening global demand outlook has left many of the major shipping segments facing severe oversupply.
Tankers Are Like A Box Of Chocolates
The uncertainty around the direction of the tanker market has increased since the start of 2016. At current production levels, the markets for both crude oil andā¦
BigOceanData Rolls out Gen-Next Vessel Tracking System
A new name has joined the vessel tracking sector with a product that promises to set new standards in functionality and user-friendliness. BigOceanData is the new brand from Globavistaā¦
MOL Launches Trial Use of Big Data to Promote Growth of Maritime Cluster
Japan-based Mitsui O.S.K. Lines (MOL) is to trial a new system of onboard data gathering and transmission from its operated vessels to the ClassNK-owned Ship Data Centerā¦
Diana Shipping Announces Time Charter Contract for Protefs with Transgrain
Diana Shipping has chartered the 73,630 dwt, 2004-built panamax, Protefs to Transgrain shipping for 12 ā 16 months at a rate of $4,500 per day minus 5% commission.
Vessel Spills 80 Gallons of Oil Into Columbia River
Columbia's state environmental agency said that roughly 80 gallons of oil was spilled into the Columbia River by a vessel near Kalama. The Nord Auckland, a 618-foot ship flagged in Singaporeā¦
SapuraKencana Operations in Brazil Grows
SapuraKencana Petroleum Berhad's (āSapuraKencanaā) presence in Brazil continues to grow after entering the market with its first pipelaying support vessel (āPLSVā), Sapura Diamante, on June 28, 2014.
Eleonora Maersk sets Draught Record for Antwerp Port
The Eleonora Maersk container carrier (15,500 TEU) entered the port of Antwerp on Thursday morning with a record draught of 15.65 metres, thus breaking the previous record of 15.50 m.
New Era of US, ROK Navy Alliance Begins in Busan
Commander, U.S. Naval Forces Korea (CNFK) conducted a ribbon-cutting ceremony Feb. 19, officially opening its headquarters in Busan and ushering in a new era of U.S.
USCG Lift Safety Zone Around Site of Sunken Tug
The Coast Guard lifted the safety zone restricting traffic in the North Channel Thursday afternoon for all vessels. An obstruction buoy is in place to mark the locationā¦
MOL to Promote Growth of Maritime Cluster
Mitsui O.S.K. Lines, Ltd. today announced that it will launch trial of onboard data transmission and accumulation for its operated vessels in cooperation with Ship Data Center Co.ā¦
Technip Named Industry Leader in Sustainability by RobecoSAM
Technip has been recognized as industry leader and has received Gold Class distinction for its sustainability performance in the āEnergy Equipment and Servicesāā¦
Largest Investment in Dundee Port
Forth Ports Limited announced today that it plans to make the largest investment in the history of the Port of Dundee. The port owner is to invest more than £10ā¦
Widow of El Faro Crewman Seeks Stronger Oversight of Ships
The widow of one of the 33 crew members killed when the El Faro sank in a hurricane last fall called on Friday for stricter oversight of decisions by shipping companies and their captains to sail in adverse weather. Rochelle Hamm's husband, 49-year-old Frank Hamm of Baltimore, died on Oct. 1 when the El Faro went down off the Bahamas in the worst cargo shipping disaster involving a U.S.-flagged vessel in more than three decades. The U.S.
Major Network Upgrade for US Aircraft Carrier Nimitz
U.S. Navy aircraft carrier USS Nimitz (CVN 68) has received a massive upgrade to its network infrastructure February 16 in order to increase the shipās operational efficiency, security and communication capabilities. The Consolidated Afloat Network and Enterprise Services (CANES) system's improved security measures are designed to prevent the possibility of classified or secure information being accessed by someone without appropriate clearance, or hardware, the Navy said.
US Bolsters Navy Alliance with Korea
Commander, U.S. Naval Forces Korea (CNFK) conducted a ribbon-cutting ceremony February 19, officially opening its headquarters in Busan and ushering in a new era of U.S. and Republic of Korea Navy (ROKN) alliance. The ceremony, attended by dignitaries and senior U.S. and ROK military leaders, marked the completion of CNFK's relocation to Busan making it the only U.S. military headquarters in Korea located on a ROK base.
US Oil Rig Count Lowest Since Dec 2009
The number of oil rigs in the United fell for a ninth straight week to the lowest level since December 2009, data showed on Friday, as energy firms continued toā¦
Bulk Carrier Spills Fuel near Kalama, Wash.
Pollution cleanup efforts are underway after sheening was reported around the bulk carrier Nord Auckland anchored near Kalama, Thursday. The 610-foot Singapore-flagged vessel reportedly released bunker oil due to operator error that was intended to be burned in the incinerator, the U.S. Coast Guard said. Overseeing the response efforts are personnel from the Washington Department of Ecology and the Coast Guardā¦
Singapore Adopts Standard for Bunker Mass Flow Metering
The worldās first National Technical Reference for Bunker Mass Flow Metering (TR48 : 2015) was launched in support of the Maritime and Port Authority of Singaporeā¦
