The ClarkSea Index made steady progress in 2018 (+13% to $12,144/day) taking it above the average since the financial crisis. Tankers had a miserable year before being “saved” by a strong Q4, bulkers consolidated their 2017 gains and LNG finished the y…
2018 Review: How Are The Year End Stats Looking? Read More »
The practice known as ‘switching’ bills of lading refers to the circumstance where a request is made to the issuer/carrier (or the carrier’s agent) to issue a second set of bills of lading in substitution for the original documents issued at the time o…
TT Talk – Switch bills Read More »
Stockholm shipping company Waxholmsbolaget has launched its first hybrid ice-going passenger ferry, powered by innovative hybrid electric propulsion by Danfoss Editron Oy.The 27.5m vessel, designed and built by Baltic Workboats, is serving the…
Danfoss Editron powers Stockholm’s First Hybrid Ice-Class Passenger Ferry Read More »
U.S. Coast Guard Sector Sault Sainte Marie commenced Operation Taconite, the Coast Guard’s largest domestic icebreaking operation, Monday, in response to expanded ice growth in the commercial ports of Western Lake Superior and the St. Marys River.Opera…
Coast Guard Begins Ice Breaking Ops in the Western Great Lakes Read More »
The Coast Guard continues coordinating response efforts to ensure the safety of the crew of a container ship approximately 1,015 miles northeast of Bermuda, Monday.Saturday evening, 11 non-essential crew members were evacuated from the Yantian…
Coast Guard Coordinates Boxship Fire Response Read More »