India-Rupee Slump Seen as Brake on Ship Demolition
A plunge in the Indian rupee to near a record is curbing demolition of obsolete merchant vessels, exacerbating a fleet surplus in the maritime industry,
A plunge in the Indian rupee to near a record is curbing demolition of obsolete merchant vessels, exacerbating a fleet surplus in the maritime industry,
The Suez Canal waterway is completely secure and the rate of ships passing through is normal, the head of the Suez Canal Authority Mohab Memish said in a
Contrary to what everyone had assumed, including us, the MOL Comfort is not being towed stern first. (facepalm) Images just sent to us this morning
France's powerful CGT union has called for a 24-hour strike on July 4 in all French ports, which is likely to disrupt grain, oil and gas traffic at the
Scorpio Tankers Inc. (NYSE: STNG) has announced a big investment into the liquefied petroleum gas (LPG) transportation sector. The product tanker owner has
U.S. private equity and investment funds are betting Asia's shipping industry, hit by a restructuring wave that has already swept Europe and the United States,
Fears that the UK is heading towards an era of sustained overcapacity in its major container ports may have been overcooked, according to a leading industry
Daewoo Shipbuilding & Marine Engineering chartered a helicopter to fly around their latest creation, the 18,000 TEU Mærsk McKinney-Møller, as she went
ISO 28007 sets the gold standard for PMSCs. By Steven Jones, SAMI Maritime
Caterpillar Marine Power Systems has shipped the first MaK™ M 46 DF dual fuel marine engine to their German customer, AIDA cruises, for one of their
Saipem S.p.A. reported Tuesday that its jack up drilling rig, the Perro Negro 6, capsized and sank offshore Angola after the seabed beneath one of its three
By McQuilling Services, LLC, Situational awareness requires that people know their surroundings and the risks inherent therein. In a crowded theater, one
Global warming is making the Arctic Ocean more accessible for navigation and providing the maritime industry with the means to avoid using lengthy transits to
exactEarth has teamed up with the Marine Exchange of Alaska (MXAK) to form the Alaska vessel tracking alliance which is built on the MXAK PacTracs product
At four-hundred metres long, 59 metres wide and 73 metres high, the Triple-E series of containerships will be the world’s largest, and one of the most
Egypt’s military increased patrols of the Suez Canal, securing the waterway handling about 8 percent of global maritime commerce, as protests escalate
July 2 (Bloomberg) — Rates for the largest iron ore-carrying ships fell, ending the longest winning streak since 2006, on speculation demand for cargoes
UPDATE (10 JUL): MOL Comfort Fore Section has Sunk UPDATE 3 July: Mitsui O.S.K. Lines (MOL) has announced that the towing line has been reconnected to the
(Bloomberg) — Singapore deployed anti-pollution craft and patrol vessels to clean up an oil spill after two bulk carriers collided. About 100 metric tons
By Yimou Lee and Rujun Shen HONG KONG/SINGAPORE, July 2 (Reuters) – China’s largest shipping group, China Ocean Shipping (Group) Co (COSCO Group)
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