Yearly Archives: 2019
AAL Adds Four Modern Vessels To Its Fleet!
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...
Tanker Owner Masterminded Ship Fire for Insurance Payout?
Greek shipowner masterminded an elaborate fraud plan in 2011 to set fire to his own tanker.
The incident which occurred off the coast...
Security Concerns Pushing Germany Towards LNG Use?
Pushed by security concerns and the United States has pushed Germany to weigh LNG as a new fuel source.
An L.N.G. terminal would...
Overturned Cargo Vessel To be Tugged Away in Pieces
Marine salvage experts seeking to remove an overturned cargo ship off Georgia's seacoast say they will haul it away in pieces because it cannot...
BIMCO Launches New Fuel Spread Graphs
The new interactive graphs introduced by BIMCO published in their website allow the tracking of price fluctuations in the major bunkering hubs of Singapore...
FIS Technical – Panamax Index Report Remains Bullish
An upside price action has come from a lower low meaning it is counter trend, above the USD 16,647 resistance the bear phase...
Global LNG Supply Puts VLGC Rates Close To Four-Year Highs
Very Large Gas Carrier rates on the key Middle East-Japan route have touched near four-month highs around $79/mt this week and looked poised to...
Wartsila Wins LNG Bunkering Simulator Order
The technology group Wärtsilä will supply an LNG bunkering vessel simulator to Kasi Group (Malaysia), a leading provider of integrated marine solutions, reports Ship...
[Watch] Braemar: The Largest Ship To Cross the Corinth Canal
Passengers on the 72ft wide MS Braemar cruise ship could reach and touch sides.
The 643ft long vessel can carry more than 1,200...
Prax Expands Its Bunker Barge Fleet Ahead of 2020
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...