Thirty-two people are missing after an Iranian oil tanker collided with a Chinese freight ship and went ablaze in the East China Sea, on Sunday. The 'Sanchi' tanker, operated by Iran's top oil shipping firm, was sailing from Iran to South Korea, carrying 136,000 tonnes of condensate, when it collided with the 'CF Crystal', about 160nm off the coast near Shanghai.
Read moreEntering in 2018, BIMCO's CEO and Secretary General, Angus Frew, mentioned that the most important issue this year will be the environment, with GHG strategies and the 2020 sulphur cap being the most significant.
Read more2017 was a mostly year of change to better, but a cautious approach is still needed for 2018 to maintain the progress already achieved, BIMCO noted. Specially, BIMCO expects an improvement in dry bulk and container shipping sectors, while for tanker sector, there is a potential upside in low fleet growth for both crude oil and oil product tankers.
Read moreSpanish Baleària announced its new eco-efficient fast ferry 'Eco Aqua' has started operating on the Eivissa-Formentera route, after carrying out the docking tests in both ports, on 25 December. The vessel is the first in a series of four expected in 2018.
Read moreThe Panama-flagged vessel 'LITTLE SEYMA' went aground on the uninhabited island of Dragonisi, east of the Greek island of Mykonos, in Aegean sea, on Friday evening, according to Hellenic Coast Guard.
Read moreUsing a drone to connect the towline to an assisted vessel will drastically improve the safety margin of tug operations, as this will avoid the need for manoeuvring in the so-called danger zone, the company explains.
Read moreDeborah Turner shares her views on the biggest challenges and opportunities in LNG shipping and how the Panama Canal route has affected the global LNG shipping market, during Gastech event. The next event will take place in 17-20 September 2018, in Barcelona.
Read moreBP confirmed that production has started from the super-giant Zohr gas field, offshore Egypt. Eni operates the field, through its joint venture with The Egyptian General Petroleum Corporation, and is the largest natural gas discovery in the Mediterranean Sea.
Read moreThe results show that the combined gas turbine and steam turbine integrated electric drive system proposed for the 20,000 TEU class containership of the PERFECt Ship project is competitive compared to oil or LNG fueled ships with piston engines.
Read moreDNV GL says that the world energy system undergoes a major transition towards 2050 and this will have significant implications for shipping. Overall the demand for seaborne transport will increase with 60% by 2050, with the pace of growth being highest up to 2030, and with notable differences between the various shipping segments.
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