Ship naming




Martime Connector

Ship naming ceremony is held at the shipyard when a new ship is ready to sail out after undergoing the required sea trials. Once the construction of a ship is completed, the ship owner is notified of the completion and a particular date is fixed for its naming ceremony. On the day of ceremony, the owner arrives at the shipyard with family members, friends, and business partners with a pre-decided name. Ship naming and launching procedures are arranged to provide a ship hull with her identity.

Ship naming ceremony at Korean Shipyard

History of Ship Naming and Launching

Traditionally, the ship naming and launching ceremony had a meaning where it had brought good fortune and safety to the new ship, its crew, and passengers. The

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Ship Sizes




Cargo ships or vessels come in different types and sizes to meet the various demands of marine cargo transportation. Cargo ships  are categorised partly by capacity and partly by dimensions (often related to the different canals and canal locks they are traveling through). Sizes of cargo vessels range from a modest handysize carriers(10,000 - 30,000 DWT) to mammoth VLCC and ULCC super tankers with a capacity to carry cargoes of more than 200,000 DWT. Aframax and Panamax are mid-sized cargo vessels.


AFRA stands for Average Freight Rate Assessment. As the name suggests, Aframax are medium-sized oil tankers with a dead weight tonnage (DWT) between 80,000 and 119,999. Though relatively small in size in comparison to VLCC and ULCC, Aframaxtankers

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Marshall Islands Registry Hits 100 Million Gross Ton






By MarEx 2014-01-23 18:05:00

In 1990, when International Registries and its affiliates (IRI) began providing administrative and technical support to the Republic of the Marshall Islands (RMI) Maritime and Corporate Registries only 39 vessels and a little over two million gross tons existed in the Registry. Ten years later the RMI Registry was ranked, by what was then, Lloyd’s Register’s World Fleet Stats, as the fourteenth largest in the world with just over 300 vessels and nearly 9.8 million gross tons. 

By January of 2010, the RMI Registry moved into the position of the world’s third largest registry with more than 52.3 million gross tons and over 2,100 vessels as reported by The World Fleet Monitor, published by Clarkson Research

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Flota mundial de contenedores 2013

New BIMCO position on anti-corruption now available





At the recent BIMCO Executive Committee meeting in Singapore a new BIMCO position paper on anti-corruption was approved.

BIMCO’s position on anti-corruption: 

  • BIMCO believes corruption in the shipping industry hampers international trade, distorts markets and increases costs ultimately borne by the consumer. More specifically, demands by port and other officials to masters for payments in cash or kind to perform legitimate services make it difficult for owners and operators to avoid threats to the master, delays to the ship, and extra costs if such payments are refused. 

  • BIMCO supports the intended aims of the UN Convention against Corruption, the Organisation for Economic Co-operation and Development’s (OECD’s) Anti-Bribery Convention, and other endeavours to fight corruption. At the same time, however, BIMCO believes

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