A re-balancing of the dry cargo market is likely to continue next year but both an unwinding of slow steaming and the possibility of further newbuilding orders could complicate the […]
The Combined Maritime Forces (CMF) are setting up a security corridor Gulf of Aden and Bab Al Mandeb in response to recent attacks in the region. The busy sealane has […]
Vessels calling at ports in countries that have ratified the Ballast Water Management Convention are under extra scrutiny by port state control inspectors now that the convention has entered into […]
George Economou, the founder and chief executive of DryShips, emerged last week as the biggest winner, perhaps the only winner, in the company’s reincarnation as a going concern. He did […]
The crew of a bulk carrier have been evacuated after raised temperatures were detected in the vessel’s cargo of ammonium nitrate-based fertiliser. The Isle of Man-flagged, 56,598 dwt bulk carrier […]
According to IMO estimates, the 0.50 per cent sulphur limit for marine fuels in 2020 will affect as many as 70,000 ships. Choosing the most economically feasible option for compliance […]
USCG Type Approval of Ecochlor’s unique, patented treatment technology now offers an alternative to UV and Electrochlorination. No treatment on discharge or neutralization is required with the Ecochlor® BWTS! Ecochlor […]
Precious Shipping is the second Asian bulk carrier to report a narrowing of losses as its earnings were lifted by an improving market, increasing daily vessel rates and the disposal […]
“No shipping company went bankrupt because it was unprofitable,” said Citi global head of shipping Michael Parker in Lori Ann LaRocco’s Dynasties of the Sea. They go bankrupt when they […]
US commodities giant Cargill is being linked with a $250m order for up to half-a-dozen capesize bulkers in China. Industry sources say the order is being placed through an offshore […]
