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According to a MarineLink article, Crowley Fuels has signed construction contracts to build a 55,000-barrel articulated tug-barge (ATB) designed to serve the Western Alaska market with delivery of clean fuel products. Features satisfying demanding conditions The 410-foot ATB will have enhanced...
The Baltic Briefing has issued the tanker report for the 41st week of this year. The report dated 11th October 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities. VLCC In the last few...
Mitsui O.S.K. Lines, Japan Bank for International Cooperation and NOVATEK have signed a Cooperation Agreement says a press release published on their website. LNG Transshipment Projects On 26 September 2019, a Cooperation Agreement for LNG Transshipment Projects in Kamchatka and Murmansk,...
In a major development, Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases (GHGs) within shipping, says an article published in the Medi Telegraph. Joining Forces To Accelerate Efforts All...
According to a Reuters report, oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few details about the first phase of a U.S.-China trade deal did little to assure a...
Industry alliance ONE SEA has signed up Awake.AI to its team to drive standards and pathways to facilitate autonomous shipping, reports The Maritime Executive. Objective of Awake.AI ONE SEA, the industry alliance bringing together leading exponents of autonomous ship technology, has...
Protection Vessels International has released the 35th Weekly Maritime Security Report of 2019. The report summarized on 10th October 2019 highlights the various incidents that took place in the past week. Peru: Robbers board bulk carrier at Callao Anchorage On 30...
According to an article published in Seatrade Maritime News, heavy-lift specialist AAL will expand its multipurpose fleet with the addition of four modern vessels. New vessels added The addition of four modern vessels will bring the company’s total operating tonnage to...
According to an Argus Media report, UK-based fuel supplier Prax has chartered a bunker barge for low-sulphur marine fuels in preparation for the new sulphur cap from January 2020. About the Bunker Barge The 1,800 m³ capacity inland bunker barge, Florida,...
In a major development, Maersk Line has announced that they will only charge for the “extra cost of compliance” as the carrier introduces new IMO 2020 low-sulfur fuels in the coming months, reports Freight Waves Charge Complexity Baffles Shippers As reported...

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