Yearly Archives: 2019
Cruise Ship Collision in Tulcea, Passengers Sustain Injury
Cruise ship Prinzessin Isabella collided with a Panama-flagged cargo ship in Tulcea waters, Romania, the Danube and incurred damage on its exterior, reports International...
Fujairah Oil Stocks Witness a Seven Week High on Heavy Distillates
Refined oil product stocks at the Middle Eastern hub of Fujairah climbed 7.1% in the week, led by gains in heavy distillates and residues...
Liners Likely To Blank More Sailings As Failure of LSFO Costs Recoup Looms
According to an article published in the LoadStar, with IMO 2020 0.5% sulphur cap on marine fuel just over 100 days from becoming law...
Complications Await Shipowners Ahead of IMO 2020
According to a Platte article, the shipping industry is gearing up for the challenge of IMO 2020.
What's the way out?
Some are queuing up for...
Declining Newbuild & Delayed Scrubber Retrofit Tightens Dry Bulk Capacity
According to a Seatrade Maritime News report, the dry bulk shipping market is sensing good times ahead as a cloud of uncertainty over what...
Addressing Legal Stress Points in IMO 2020
A potential source for tension in time charter contracts in the run up to IMO 2020 is that some new low-sulphur fuel blends being...
[Watch] How Environmental & Safety Norms Are Flouted in Shipbreaking Yards
A recent Dutch documentary has highlighted how environmental and safety norms are flouted in Gujarat’s Alang shipbreaking yard.
The documentary shows how the Dutch company,...
Baltic Index Ascend To 1,770, Up by 3 Points
The Baltic Exchange’s main sea freight index edged higher on Monday, as a rise in panamax vessel demand offset declines in both the capesize...
Do Not Delay Installing BWM Systems! Advises ClassNK
As difficulties are expected in BWMS installations if everyone around the world waits until 2022, ClassNK recommends installing well in advance, says a press...
NYK Delivered Low Emission Chemical Tanker With Stable Freight Rates Assurance
Nippon Yusen Kaisha (NYK Group) announced the delivery of Takaroa Sun, a methanol carrier equipped with two-stroke dual-fuel engine technology that enables the vessel...