Captain Park Chul Hong, the master of the heavy lift ship Dongbang Giant II, returned to South Korea on Sunday after three months’ captivity as a hostage of the Abu Sayyaf terrorist organization. On his arrival in Incheon, South Korea, Park was taken to a hospital for a full
The Canadian Coast Guard reported Monday that a second attempt to refloat a grounded tanker off the coast of Cape Breton was successful, and the vessel has been brought safely to Sydney Harbour for inspection. The small bunkering tanker Arca 1 went aground near Little Pond, Nova Scotia on
On Friday, a seafarer was evacuated from his ship off Sunderland in a coordinated operation between a volunteer lifeboat crew and a UK Coastguard rescue helicopter. At 1300 hours on Friday, the UK Coastguard Operations Centre at Humber received a call from the captain of the geared bulker HC
Specialty and offshore shipbuilder Vard has signed a letter of intent for one expedition cruise ship, its seventh to date. The $120 million vessel will be about 145 meters by 20 meters with accommodation for 220 passengers. These dimensions differ slightly from the series of two recently ordered by
The dry bulk market’s strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report, MSI predicts a depressed year for rates in 2017, a year marked by multiple risks to
