Yearly Archives: 2018
World’s Largest LNG Bunker Supply Vessel Begins Operations
On 11 December 2018, the world’s largest LNG bunker supply vessel started its operations in Northwest Europe.
Largest LNG Supply Vessel
The LNG tanker ‘Kairos’ is...
World’s First Polar Tanker Built For Condensate Transportation
Condensate arising from the Yamal LNG project will be shipped to export markets by a new build.
The Yamal LNG project partners entered...
Electrical Fault Grounded a Tanker with Tonnes of Alkylate off Morrisburg
Damaged electrical components in the steering system caused a tanker loaded with tonnes of alkylate to run aground on the St. Lawrence Seaway.
What happened?
In May...
[Watch] Bolivian River Port Provides New Route To Sea
Bolivia granted an international classification to Central Aguirre, Gravetal and Jennefer, on 30 October. These three river ports are on the Paraguay-Paraná waterway that...
[Watch] How are Ships Launched into Water?
Ships are undoubtedly the heaviest vehicle that human beings use today. It takes about two years to build a big ship. The biggest challenge...
IMO 2020 – Will You Be Ready?
In 2020, change is coming to the industry with new global sulphur limits for bunker fuel as a result of the IMO’s MARPOL Annex...
$270 Million Lease for 3 Vessels Under Time Charter to Maersk
In a recent development, Ship Finance International Limited announced that it has entered into lease financing agreements totaling $270 million with an Asian-based institution to...
Toyota Hits the Water by Investing in Robo-Ships
Toyota will participate in a $10 million Series A investment in Sea Machines Robotics.
Modern technology could reduce the cost of human labor...
Ports Embracing to Face More Cascading Loops
Drewry has announced that Ports will have to deal with more cascading loops with implications including a need for more berth space.
Vessel Cascading Scenario
Speaking...
Tanker Report – Week 50
VLCC
Middle East Gulf rates shed 11 points to WS 85/86 for 270,000mt to China, with South Korea fixed at WS 84. Going west, 280,000mt...