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5 Important Responsibilities Of A Shipowner In Maritime Trade
In maritime trade, the shipowner occupies a central position, not merely as the owner of the vessel but as the party ultimately responsible for ensuring that the ship can safely and legally participate in global commerce. While charterers, shippers, and agents all play defined roles, the shipowner’s responsibilities form the foundation on which the entire operation rests. A clear understanding of these duties is essential for anyone involved in shipping contracts, vessel oper
Tenace Offshores Limited
2 min read


Adani Ports Completes Full Acquisition Of Australia’s NQXT Terminal
Adani Ports and Special Economic Zone Limited (APSEZ) has completed the acquisition of 100% ownership of NQXT Australia, a natural deep-water, multi-user export terminal located at Abbot Point in North Queensland. The company confirmed that the transaction was concluded after fulfilling all regulatory and procedural requirements. These included approvals from majority-of-minority shareholders, the Reserve Bank of India, and Australia’s Foreign Investment Review Board, among o
Tenace Offshores Limited
2 min read


World’s First Methanol Dual-Fuel VLCC “New Explorer” Enters Service
China has delivered the world’s first methanol dual-fuel very large crude carrier (VLCC), New Explorer. The vessel was handed over on 22 December in Dalian, China, and has now entered commercial service. The ship was built by Dalian Shipbuilding, part of China State Shipbuilding Corporation (CSSC), for China Merchants Shipping. It is classed by the China Classification Society (CCS), which supported the project and helped facilitate its early delivery. New Explorer is an eigh
Tenace Offshores Limited
2 min read


Impact Of Trump’s Tariffs & Suspension Of AGOA On African Countries
Trump Tariffs: Introduction and Context The latest blow to international trade and global supply chains has come in the form of Trump’s...
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12 min read


Why Do Ship Hulls Fail At the Midship Region?
We have had many marine accidents involving failure of the hull structures. Whether it was a crack in the midship region, a total...
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5 min read


Draft regulations will set mandatory marine fuel standards and GHG emissions pricing for shipping to address climate change.
The International Maritime Organization (IMO) has achieved another important step towards establishing a legally binding framework to...
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3 min read


IACS Publishes 2024 Annual Review, with a focus on safety first
The report highlights the role of IACS and its members in developing technical rules and guidance to meet new and emerging safety issues...
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3 min read


Risk of collision with offshore installations from attendant vessels
A recent increase in incidents involving attendant ships colliding with offshore oil and gas, and renewable energy structures has led the...
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1 min read


Equinor’s Sleipner Riser Platform Shuts Down After Pipeline Crack, Delays Gas Deliveries To U.K
Equinor's Sleipner Riser platform has had to halt some of its gas transport operations due to a crack discovered in an onboard pipeline....
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2 min read


Top 10 Maritime Industry Trends in 2024
1. Artificial Intelligence In the maritime sector, artificial intelligence finds use in predictive maintenance, autonomous navigation,...
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10 min read


Nurturing a Robust Safety Culture at Sea: A Maritime Imperative
In the vast expanse of the open sea, where the forces of nature meet the ingenuity of maritime professionals, the importance of a robust...
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2 min read


Ensuring Safe and Secure Shipping: The Importance of Cargo Inspection
In the vast and interconnected world of global trade, cargo inspection stands as a critical checkpoint. It's the safeguard that ensures...
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2 min read


The beginning of methanol era as "Laura Maersk" is named
Today is a banner day on Maersk’s decarbonization path with Ursula von der Leyen, the president of the European Commission, in Copenhagen...
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3 min read


THE SIGNIFICANCE OF P&I CLUBS IN THE MARITIME INDUSTRY
THE SIGNIFICANCE OF P&I CLUBS IN THE MARITIME INDUSTRY

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3 min read


Panama Marine Safety Investigation report of M/V Ever Given grounding
More than two years after the grounding of the Ever Given containership in the Suez Canal, the Panama Maritime Authority’s Marine Safety...
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2 min read


Growing Panama Canal congestion a rates ‘wild card’
Delays at the Panama Canal averaged about 15 to 19 days per vessel in the first week of August, with low water levels in the Gatun Lake...
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2 min read


Turkish grain port hit by massive explosion
An explosion occurred in the Turkish port of Derince yesterday afternoon which caused great damage to grain silos located in the port....
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1 min read


Containership Sinks in Taiwan Anchorage
Efforts to stabilize a containership anchored near the entrance to Taiwan’s Kaohsiung port failed overnight. The feeder ship which had...
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2 min read


Nuclear’s place in the future fuels debate
In early July, shipping’s global regulator, the UN’s International Maritime Organization (IMO) reached an agreement targeting net-zero...

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3 min read


What is Ship Management?
Ship management refers to the comprehensive administration and operation of a ship on behalf of its owner. It is an essential aspect of...

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4 min read
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