Corroded wire rope leads to expensive bulk carrier crane failure
The National Transportation Safety Board has released its report on a July 23, 2023 incident when a hoisting wire rope on one of the cranes on the cargo ship Thorco Basilisk failed
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Houthi missile hits Norwegian tanker Strinda
Yemen’s Iran-backed Houthis are escalated the attacks on merchant shipping that began with the hijacking of the car carrier Galaxy Leader. Yesterday, the group followed up on a threat to target all
Star Bulk and Eagle Bulk to merge
Athens-headquartered Star Bulk Carriers Corp. (NASDAQ: SBLK) is to acquire Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NYSE: EGLE) in an all-stock merger on a Net Asset Value to Net Asset Value
U.K. will transfer two minehunters to Ukraine
The U.K. and Norway are to lead a new Maritime Capability Coalition to support Ukraine. As part of the initiative, the U.K. will transfer two Royal Navy Sandown class minehunters to the
USCG lab identifies responsible party in NY/NJ tar ball pollution
A spill on the evening of November 22 during an oil transfer at an oil facility in Bayonne, N.J., has been identified as the source of an incident that subsequently saw tar
Clarksons looks at car carrier trade trends
Last week brought a slew of reports about ever larger car carriers being ordered and designed.What’s all the buzz about? Despite electric vehicle sales disappointing automakers this year, a surge in global
Euronav brings ammonia powered VLCCs into its fleet expansion moves
With 24 of its VLCCs being transferred to John Fredriksen’s Frontline as part of a deal that resolved a long-running merger battle, Euronav NV (NYSE: EURN) has been rebuilding its fleet with
COSCO signs up for containership methanol retrofits
COSCO Heavy Industry Shanghai Co. Ltd. has signed a contract with MAN Energy Solutions for the methanol retrofit of four main engines from COSCO Line 13,800 TEU Camellia class and 20,000 TEU
Teck and Oldendorff to fit bulker with rotor sails
In another example of how charterers are helping push forward the move to greener shipping, Canadian mining giant Teck Resources is making a joint investment with Oldendorff Carriers that will see Norsepower
IMO Assembly seeks to crack down on “dark fleet”
The IMO Assembly wrapped up its 30th session on December 6. The Assembly is the International Maritime Organization’s highest governing body and among its actions in this latest session were to elect