24-11-2017 Why the Year of the Dog can wag its tail, By Inderpreet Walia, Lloyd’s List
A DELUGE of vessels has meant that the dry bulk shipowners have had to endure years of hardship amid poor freight rates, but a sense of optimism seems to have […]
SHIPPING NEWS
27-10-2017 $30m giveaway is a smart tactic, Britannia P&I insists, Lloyd’s List
BRITANNIA’S $30m de facto dividend pay-outs this year represents a sensible substitute for waiver of deferred calls, and has boosted the mutual’s previously deteriorating loss ratio in the process, according […]
26-10-2017 Ethical hacking company breaks into vessel satcomms system, By Paul Berrill, TradeWinds
A widely used shipping satellite communications (Satcomms) system has been shown to be vulnerable to cyber-attack, an ethical hacking company has revealed. Vulnerabilities affecting Stratos Global’s AmosConnect 8 (AC8) onboard […]
27-10-2017 Wartsila posts record scrubber order intake ahead of sulphur cap, By Anastassios Adamopoulos, Lloyd’s List
LOOMING regulatory requirements are proving a mixed blessing for Finland-based engine manufacturer Wartsila. The company has reported a surge in demand for scrubbers ahead of the 2020 sulphur cap, but […]
25-10-2017 Scorpio Bulkers rethinks equity issue, By Andy Pierce and Joe Brady, TradeWinds
Scorpio Bulkers has had a change of heart on its latest equity issue. New York-listed Scorpio announced plans to print 10 million new shares yesterday. In a statement on Wednesday […]
25-10-2017 The “PACIFIC VOYAGER” – English High Court decision on the nature of the shipowner’s obligation to get the vessel to the loadport
The English High Court handed down judgment last week on a novel issue regarding the obligation on the owner under a voyage charter to proceed to the loadport by a […]
24-10-2017 Shipping revs up debt and equity transactions on Wall Street, By Greg Miller, Senior Editor, IHS Maritime
US-listed shipowners have finally emerged from their summer doldrums and resumed follow-on equity and debt sales to Wall Street investors. Transactions have rebounded in October and 2017 is still on […]
19-10-2017 ECDIS under fire after bulker grounding, By Gary Dixon, TradeWinds
The UK and Denmark are investigating electronic chart display and information systems (ECDIS) after another grounding was partly blamed on how it is being used by seafarers. The UK Marine […]
18-10-2017 IMO urged to limit vessel speeds to cut carbon emissions, By John Gallagher, Senior Editor, IHS Maritime
Cutting carbon emissions by regulating ship speeds should be considered by the industry as a short-term strategy to achieve ambitious Paris climate agreement goals, two environmental groups contend. A study […]
14-10-2017 Half of BWM system manufacturers will not survive, By Anastassios Adamopoulos, Lloyd’s List
Half of all ballast water systems manufacturers could be bankrupt within the next five years thanks to the IMO’s delayed implementation of environmental rules. That’s according to the chief executive […]