Yearly Archives: 2018

‘Greatest Risk’ to Gas Shipping Sector’s Safety Record

The gas shipping sector achieved its 50-year record due to exceptional safety standards. Human error and regulatory assessment continue to cause gap in...

Divergent Scrubber Strategies from Ardmore and Seaways

International Seaways is installing 7 scrubbers on their fleet while Ardmore buys new ships. Altogether 10 VLCCs are up for the installation of...

IMO 2020: 12- to 15-year-Old Ships May Go to Scrappers

The IMO’s 0.5% sulphur cap, to be imposed in January 2020, could be a “blessing in disguise” for shipping lines, should the regulatory fallout...

Communication the Key While Overtaking Vessels

Summary A large bulk carrier was approaching a laden oil tanker in a traffic lane of a traffic separation scheme. With a speed of...

Standard Club Issues Warranty of Seaworthiness Circular

The Standard Club's chairman Jeremy Grose has issued a circular on the warranty of seaworthiness to all its stakeholders. Continuing warranty of seaworthiness The managers are aware...

Noah’s Ark Plans to Sail to Israel

Israel may get the biblical Noah’s Ark. Not the original one but a reproduction of it.However, it might take more than 40 days and...

KOTC Orders Three LPG Tankers from Hyundai

In a major development, Kuwait Oil Tanker Co. (KOTC) has ordered three giant liquefied petroleum gas tankers (LPG) from Hyundai Heavy Industries, reports Reuters. ...

China’s Icebreaker Enters Floating Ice Field in Southern Ocean

On November 25, China's research ice-breaker Xuelong entered a floating ice area in the Southern Ocean as a precautionary measure to avoid a cyclone. What...

Diana Time Charters M/V Alcmene With BG Shipping

M/v Alcmene will be chartering US$11,500 per day for the next 11 -14 months from 21 November 2018. The new developments are set...

Shipowners Demand Higher Price than Green for Demolition

Highlights Price advantage yard owners hoped got nixed as Green recycling not insisted. Rate for recycling ships ranges between $420-430 per LDT. HKC-compliance yields...
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