THE PANAMA CANAL WITNESSES RECORD TONNAGE IN FY – 2018
The Panama Canal crossed a record tonnage of 442.1 million Panama Canal tons (PC/UMS), with a rise of 9.5 percent over the last year....
“System 001 Launched” – The Ocean Clean Up
The Great Pacific Garbage Patch is the world’s largest plastic polluted zone. A floating boom system has been launched by the Dutch non-profit organization....
THE RACE FOR DOMINANCE
China emerges 2nd largest ship owner
A striking series of development has been witnessed by the Marine industry as China has emerged as the world’s...
Estimated Bad Bunker Rise in 2020- Suppliers should be held answerable
When suppliers hosted in their state were caught supplying bad fuel, the Baltic and International Maritime Council (BIMCO) has called on bunker states to...
US Navy seized illegal arms in the Gulf of Aden
The US Navy has seized an un-flagged skiff stuffed with hundreds of automate riffles in The Gulf of Aden, and has handed the sailors...
Shipping in Jeopardy of Trade War Crossfire
The economic hassle manifesting markets and the existing trade war between the United States and China could possibly increase the jeopardy of the next...
SEASPAN Going In For Share Offering
When a company needs some extra funding for acquisitions or for repaying debts or for redeeming existing preferred shares or even for general corporate...
Hanjin Collapse an Eye-opener for the Global Container Shipping Industry
How do you kill the business of your competitors in the container shipping business? Well, you just increase the capacity of your own ships...
German firm Hapag-Lloyd makes way into Kenyan Shipping Industry
Hapag-Lloyd, World’s fifth-largest container shipping company, has entered the Kenyan shipping industry. There will be weekly trips from the port of Mombasa to Jeddah...
IMO Fuel Regulations 2020
In 2016, IMO had announced that the date for the effective reduction of marine fuel sulphur-oxide will be 2020. Under this new global limit,...
