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Latest Maritime News
Russian Prime Minister Dmitry Medvedev has signed an order stipulating that four artificial islands will be built in the Kola Bay of the Barents Sea, where large-scale marine facilities will be built. The Russian gas company Novatek will invest over 25 billion rubles (387.4 million EUR) in the project to create the four artificial islands. […]
Seven US soldiers are missing after a collision between a warship USS Fitzgerald and container ship ACX Crystal in Tokyo Bay on 55 nautical miles off Yokosuka, Japan. The both vessels were proceeding on crossing routes on the heavy traffic area, but did not maneuvered accordingly, which caused container carrier to hit the starboard of […]
The Port Authority of Rotterdam has launched a beta version of its new software product – the online application Navigate. According to the port this appendix includes maps of sea and coastal areas connecting 550 ports around the world, as well as railways and channels for cargo barges between Rotterdam and more than 150 European […]
Maersk Line reported net loss of 66 million USD in first quarter of 2017, despite of the improvement of the market conditions and the upward trend of spot freight rates. The finance statement of the world’s largest container carrier, the higher bunkering costs and the high dependence on the transportation market in the direction of […]
The world’s largest container ship MOL Triumph arrived in Tianjin, making its first voyage to China after it was built and launched at thye Samsung Heavy Industry shipyard in South Korea. The cargo capacity of the vessel is 20,170 TEU. Container ship will be operated on the line from Tianjin to Europe. This route is […]
The freighter Xiang Zhou sank in the Yangtze river estuary near Nantong after suspected collision. The vessel was loaded with 4,850 tons steel coils was en route from Nantong to Busan, but suffered breaches and capsized shorftly after leaving the port. Following the collision, near the accident site were rescued two seamen, but another 12 […]