Fifteen Crew Members Evacuated From Russian Cargo Ship in Korea Strait

Fifteen Crew Members Evacuated From Russian Cargo Ship in Korea Strait

The crew of a Russian freighter Alfa was helped off the ship after its cargo of timber shifted to one side causing the ship to tilt while in the Korea Strait, a Russian rescue center said Monday. ***** The cargo …
Aug 22, 2016 /  Accidents
Sea piracy drops to 21-year low, IMB reports

Sea piracy drops to 21-year low, IMB reports

Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the International Chamber of Commerce’s International …
Jul 27, 2016 /  Piracy
Robbers Strike Again in Indonesian Anchorage

Robbers Strike Again in Indonesian Anchorage

A number of robbers boarded an anchored Indian-registered bulk carrier Vishva Nidhi, unnoticed and escaped with ship’s properties on July 10, according to data from the International Maritime Bureau’s Piracy …
Jul 13, 2016 /  Accidents
Exclusive: Shell CEO warns Brexit could slow $30 billion asset sale plan

Exclusive: Shell CEO warns Brexit could slow $30 billion asset sale plan

Royal Dutch Shell's (RDSa.L) chief executive, Ben van Beurden, has told investors that Britain's decision to exit the European Union could slow its $30 billion asset sale plan, especially in the North Sea which had …
Jul 11, 2016 /  Finance
Armed Robbers Board Ship in Guinean Anchorage

Armed Robbers Board Ship in Guinean Anchorage

An anchored heavy lift vessel was boarded by six robbers armed with machine guns and knives in the Conakry Anchorage, Guinea, according to data from the International Maritime Bureau’s Piracy Reporting Centre (IMB …
Jul 5, 2016 /  Accidents
Video: Karadeniz Powership İrem Sultan Arrival to Nacala, Mozambique

Video: Karadeniz Powership İrem Sultan Arrival to Nacala, Mozambique

Zambia is Karpowership’s first cross-border project. In November 2015, Karpowership was awarded to supply electricity to land-locked Zambia via cross-border interconnection lines through Mozambique and …
Jun 8, 2016 /  Vessels
Violent attacks worsen in seas off West Africa despite global piracy downturn, IMB reports

Violent attacks worsen in seas off West Africa despite global piracy downturn, IMB reports

As piracy on the world’s seas continues to fall, new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlight growing violence off the coast of West Africa, where 44 …
Apr 28, 2016 /  Piracy
LR Statutory Alert: Icing considerations for cargo ships carrying timber deck cargoes

LR Statutory Alert: Icing considerations for cargo ships carrying timber deck cargoes

New formula for calculating ice accretion weight added to Intact Stability Code Lloyd's Register Marine informs that a new paragraph has been added to the icing considerations contained in Part B, Chapter 6.2 of …
Mar 21, 2016 /  Curious
Cargo ship Afalina lost deck cargo in storm

Cargo ship Afalina lost deck cargo in storm

The Lithuanian-flagged general cargo ship Afalina lost about 300-500 cubic meters of wood in the Baltic Sea. The timber cargo was lost from the main deck on Jan 30, 2016, near the Latvian coast in rough …
Feb 2, 2016 /  Accidents
South Korea to check profitability of all ship orders

South Korea to check profitability of all ship orders

The South Korean government has announced that the state-run financial institutions will commence profitability checks on shipbuilding orders and large overseas construction projects to prevent local companies from …
Nov 17, 2015 /  Curious