Yearly Archives: 2019
Maersk Surcharge Clarity: Shippers To Pay ‘Cost Recovery’ Only
In a major development, Maersk Line has announced that they will only charge for the “extra cost of compliance” as the carrier introduces new...
Is Plastic Free Ocean Possible?
Today, we announced that System 001/B is successfully capturing and collecting plastic debris, After one year of testing, we have succeeded in developing a...
Intercargo: 2020 Still Dominates Dry Bulk Shipping Challenges
In a major development, INTERCARGO re-iterated its commitment to a safe, efficient, high quality and environmentally sound dry bulk shipping industry in their Annual...
American Club Issues Best Practice Guidance To Deal With Bunker Issues
According to an article published in AJOT, the American Club has released its latest loss prevention guidance, Bunkering – A Compendium, together with website...
Minor Bulks To Fuel Dry Cargo Demand Growth in Future
Smaller geared dry bulk vessels are rejoicing, as Chinese iron ore imports reach peak levels.
Minor bulks are set to provide new demand...
KLine Commences Joint Research With Artificial Intelligence!
KLine will continue to promote the creation of new values by combining its own knowledge on shipping cultivated for the past 100 years.
...
LNG Tanker Flocking Towards Asia As European Market Faces Glut!
LNG tankers are turning towards Asian markets from Europe due to restricted parking space, lower demand and higher prices.
Many LNG tankers appear...
300 Oil Tankers Shunned Due To U.S. Imposed Sanctions?
According to an article published in Reuters, nearly 300 oil tankers globally have been placed off-limits as companies fear to violate U.S. sanctions against...
Typhoon Sinks Panamanian Cargo Ship in Tokyo Bay
Panamanian ship sinks in typhoon-hit Tokyo Bay leaving 5 crew members dead, reports Kyodo News.
What happened?
Five crew members died and three others remain missing...
Offshore Shipping Segment Boosts Optimarin Revenue
According to an article published in Offshore Engineering, Ballast water treatment (BWT) specialist Optimarin said that the recovery of the offshore shipping segment is...