Society of Master Mariners' Bangladesh Maritime professionals knowledge sharing

29 OCT 2023 In an era that may well become known for its unforeseen and unprecedented events – including the Covid-19 pandemic and Russia’s invasion of Ukraine – the tanker shipping industry faces supply chain disruptions, market volatility and an array of evolving challenges. The fragility of the global economy, …

28 OCT 2023  The container shipping segment could be beginning a much longer and more challenging period according to a new analysis from Sea-Intelligence. The Danish analytics firm issued a forecast this week highlighting that the container segment’s current level of overcapacity could take a minimum of four years to …

27 OCT 2023  German authorities are leading a search and rescue mission in the North Sea after two cargo ships collided off the coast of Germany this morning. Two crewmembers from the UK-registered cargo ship Verity were rescued and the body of the third was recovered, while four others are still missing …

26 OCT 2023  Last week, Finnish investigators confirmed that they were looking at the movements of a Russian icebreaker and a Chinese boxship in connection with serious “mechanical damage” to a gas pipeline under the Baltic. On Tuesday, they announced that a broken anchor was found near the pipeline – and the …

25 OCT 2023 China’s Belt and Road Initiative, which is celebrating its 10th anniversary this week, has now advanced more than US$330 billion, which is about 80% of the lending of the World Bank over that period. The BRI mainly lends to infrastructure projects, while the World Bank increasingly focuses …

24 OCT 2023 Berge Bulk, a leading dry bulk ship owner, has announced the launch of a newcastlemax bulk carrier retrofitted with four WindWings, a technology that uses wind power to reduce fuel consumption and emissions. The M/V Berg Olympus, fitted with four BARTech WindWings by Yara Marine Technologies, will navigate between …