Operations
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Weekly Broker: First week of August consigns summer lull theory to history
The first week of August has proven once and for all that the old adage of the summer slowdown can…
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Hapag-Lloyd to fine shippers $15,000 per box for any misdeclared hazardous cargoes
With misdeclared hazardous cargoes sparking many dangerous fires on boxships around the world, Germany’s top liner has taken severe action…
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Iran’s president vows to deny UK ships access to Strait of Hormuz
The United Kingdom cannot use the Strait of Hormuz for as long as Iran is denied passage through the Strait…
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Malfunctioning fumigation hatch creates panic in Vancouver
Locals enjoying the sunshine on a beach in West Vancouver were startled in the late afternoon yesterday when they heard…
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Britain joins US mission to patrol Strait of Hormuz
Under new prime minister Boris Johnson, the UK has decided to join a US-led coalition to safeguard shipping through the…
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Insufficient training cited over US destroyer collision with a tanker off Singapore
The National Transportation Safety Board (NTSB) in Washington said Monday that the August 21, 2017, collision between the USS John…
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Maritime conferences slammed
Organisers of maritime conferences have been sent a stern message today to buck up and make their events more relevant…
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Drunk master runs ship aground twice at Riga
General cargo ship ran aground twice while it was leaving port of Riga in Latvia on Friday. According to local…
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Iran seizes third vessel
Iranian media reported yesterday that the Islamic Revolutionary Guard Corps (IRGC) seized a “foreign oil tanker” on July 31. Images…
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MOL commits to synthetic methane in bid to move towards zero-emissions fleet
Mitsui OSK Lines (MOL), one of the largest shipowners in the world, is championing synthetic methane as a route to…
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Cosco completes takeover of Singamas units
Cosco Shipping Financial Holdings, a unit of China Cosco Shipping Group, has completed the takeover of four container manufacturing subsidiaries…
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Antong Holdings chairman transfers voting right to proxy
Antong Holdings has announced that the company’s controlling shareholder and chairman Guo Dongze has transferred his 29.99% voting right to…
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K Line hit with record $23.5m Australian fine in latest car carrier cartel criminal investigation
Japanese shipping company Kawasaki Kisen Kaisha Ltd (K Line) has been convicted of criminal cartel conduct and ordered by the…
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World’s largest plug-in hybrid vessel delivered
The world’s largest plug-in hybrid vessel was delivered from Ulstein Verft in Norway yesterday. The Color Hybrid joins Color Line’s…
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Taiwanese cargo ship and unidentified Chinese naval ship collide
A Taiwanese cargo ship has allegedly collided with a Chinese navy ship off Kinmen on Wednesday, causing minor damage to…
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Like Bernie Madoff, don’t take holidays
During his summer break Mr Prospector came across a dusty old edition of Very Shipping Problems: A Guide To What…
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Pacific island leaders renew shipping emissions battle
Nine leaders of climate crisis-threatened islands in the Pacific have signed the Nadi Bay Declaration, urging for immediate greenhouse gas…
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Weekly Broker: July tops the charts for bulker sales
The sale and purchase market for secondhand bulkers saw a slight slowdown in the past week, while the chartering market…
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Mark Robertshaw to drive European expansion of Direct Search Global
Singapore-headquartered recruitment firm Direct Search Global has appointed Mark Robertshaw as a non-executive director to drive the company’s expansion into…
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350,000 teu of world boxship fleet in drydock for scrubber installations
The number of boxships withdrawing from service for scrubber installations has surged in recent weeks and is set to climb…
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