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Insurance company: Expensive oil spill cases are rarely caused by collisions

Many instances of oil spills at sea, which are expensive for carriers, are rarely caused by ship collisions. Quite the opposite, oil spills are often caused in easily avoidable situations, Northern P&I Club evaluates.

Bunker skip from OW Bunker.

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Torm CEO after large deficit: Market has already turned

The recovery of a miserable product tanker market is well underway, says Executive Director Jacob Meldgaard in an interview with ShippingWatch after the company delivered yet another significant deficit in the third quarter.

Here is the roadmap for the liner companies' new global initiative

In as little as six months, two or three shared standards for container liner companies should be ready. That is the goal for the new global association between the world's largest container carriers, says André Simha, spokesman for the association and CIO at MSC, to ShippingWatch.

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