Yearly Archives: 2018
EPA Offers Rewards to Slow-Sailing Ships
The government is offering subsidies to shipping line operators who voluntarily reduce the operating speed of large ships when they enter the nation’s seaports,...
World’s Second-largest Ore Carrier Delivered in Shanghai
The second-largest ore carrier in the world was officially named and delivered to China Ore Shipping on Thursday in Shanghai, which might boost Brazil's...
Tight Tonnage Lifts US Gulf Coast Supramax Market
Freight rates in the US Gulf Coast Supramax and Ultramax market surged this week, as a clear-out of tonnage following the Christmas holidays left...
Cargo Carriers Clutch at Compliance
A new sulfur emission cap is going to come into effect.
It seeks to reduce the allowable sulfur emission rate to 0.5%.
...
Ship Carrying LNG from UK Turns to Mediterranean
Vessel with LNG move towards the Mediterranean.
It had a scheduled journey from Isle of Grain near London, UK to Boston, US.
The Thomson...
Schulte Group Acquires PRONAV
The Schulte Group signed a contract for the acquisition of 100% of the shares in the prestigious LNG ship manager PRONAV – subject to...
MODEC Finds Partners for Brazil’s FPSO Charter Project
Japan-based MODEC has reached agreements with four compatriot firms regarding an investment in an ultra-deepwater FPSO charter project for the Sepia Area off the...
Human Error to Blame for ‘Majority’ of Engine Damage Claims
An investigation by The Swedish Club into auxiliary engine damage has revealed that the majority of all damage takes place immediately after maintenance work....
Cargo Ship Sheltered in Celeiro After Cargo Shift
On January 4, a cargo vessel reportedly sought shelter in port after suffering from cargo shift.
What happened?
The cargo vessel ‘Wilson Avonmouth’ entered the port...
Freighter Intercepted on Suspicion of Illegal Arm Trading
On January 6, a freighter was detained on the basis and found to be suspicious of trading illegal arms.
What happened?
The freighter ‘Andromeda’ was intercepted...