Yearly Archives: 2018
IMO 2020 to Cause One-off Oil Demand Surge Before Market Adjusts: OPEC
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of...
China’s First Seagoing LNG Bunker Vessel
The privately owned Chinese gas distributor ENN Energy has placed an order for an 8,500-m3 LNG bunker vessel at Dalian Shipbuilding Industry Company (DSIC) to...
Lower Sulfur Fuel Transition May Not Be Smooth
Even before new international regulations on maritime fuels kick start, the oil market has tightened significantly this year, pushing prices higher and putting pressure...
Why the Maritime Industry Needs More Women
In recent times, more and more women are entering the shipping domain but despite that women are far behind in this male-dominated industry. So...
‘Unplugged’ Shipping Forging a New Era
The maritime industry is a fast paced one which is always up for major changes. It’s the ports and shipping which generally face significant...
New Supertanker Successfully Performed Ship-to-Ship LNG Bunkering
On October 18, Director General of Russian Maritime Register of Shipping, participated in a protocol event dedicated to the successful project implementation of construction and...
Testbed Established for Internet of Ships Open Platform
On October 18, a testbed was established for an Internet of Ships Open Platform (IoS-OP), and for the test, NYK provided a next-generation onboard...
Could Chip Fat Help Dirty Shipping Clean Up its Act?
It is a well-known fact that the global shipping industry is a big contributor to greenhouse gas emissions as aviation. The heavy fuel oil that...
[Watch] Small Vessel Sink in Cold Irish Sea
Amateur-captured footage shows the dramatic rescue of two fishermen whose boat sank off the coast of County Down.
Disclaimer: This video is intended for informational...
Tanker Report – Week 42
VLCC
Middle East Gulf rates remained unchanged, with Thailand fixed at WS 86 and China rates around WS 83.5/84 for 270,000mt. US Gulf-bound 280,000mt went...