The UK Marine Accident Investigation Branch has published its investigation report into the mooring deck accident on the bulk carrier Mona Manx that resulted in one death.The incident occurred on August 26, 2021. The second officer (2/O) of…
Officer’s Death Highlights Dangers of Vertical Recoil of Mooring Lines Read More »
Global OTEC has deployed its storm-resistant floating platform, marking a step in developing ocean […]
The post Global OTEC deploys storm-resistant floating platform in Atlantic waters (Video) appeared first on Offshore Energy.
Global OTEC deploys storm-resistant floating platform in Atlantic waters (Video) Read More »
The wet markets have been facing adverse conditions so far in the fourth quarter. In its latest weekly report, shipbroker Gibson said that “crude and product tanker markets have been under heavy pressure so far in Q4, with clean West rates currently th…
Tankers: Weakness Across the Board Read More »
Almost everything we own has been transported by ship at some point in its lifecycle. Research shows that around 80% of all goods are moved by ship. One of the consequences of transportation at this scale is that shipping as a sector is responsible for…
Capesize The Capesize market experienced a challenging week, marked by a gradual softening across both basins. Monday began quietly, with rates in the Pacific and from South Brazil and West Africa to China sliding amidst limited fresh cargo and standof…
Dry Bulk Market: Challenging Week for Capesizes Read More »