Yearly Archives: 2019

AIDA Cruises To Get Battery Update by Corvus Energy

German cruise line AIDA Cruises has signed an agreement with Corvus Energy to install lithium-ion battery storage systems onboard the company’s vessels, reports Ship...

Weekly Tanker Report – Week 39, 2019

The Baltic Briefing has issued the tanker report for the 39th week of this year. The report dated 27th September 2019 provides a valuable...

Why Shippers Are Driven Towards Water-Cooled Motors?

Electric motors are mission-critical for ship owners and operators. Their reliability and performance can have a direct impact on the smooth running of...

Evergreen Places Orders for Ten Mega ULCV’s!

The Taiwanese carrier has placed an order for the 10 mega ULCVs which are to be built at South Korean and Chinese yards...

NYK’s Mega Container Ship Strikes Tanker!

According to an article published in Maritime Bulletin, a mega container ship struck a Turkish tanker while proceeding to Greece. What happened? On September 26, the...

Bunker Market Scrambles for Extended Credit Lines As IMO 2020 Looms

About $4 billion/month of extra credit will be needed starting 2020 to cover the rise in demand for LSFO. This rise has resulted...

Study Claims Digital Maritime Spend To Shift Towards Startups

Inmarsat landmark study identifies critical role for maritime startups, reports Splash247. Digital maritime space opportunities A new 60-page report issued today looking into maritime startups conducted...

As Poseidon Principles Kick in Ship Lenders Change the Credit System

As investors have started adopting the Poseidon Principles, it's proving difficult for shipowners to understand the new dynamics. Keeping this in mind, the Lloyd's...

Amidst LNG Quality Concerns, DNV GL Declares It Best 2030 Fuel

In a  major development, Classification society DNV GL remains convinced that the route to the International Maritime Organization’s (IMO) 2050 carbon targets is via...

Europe Hit by HSFO Shortage Ahead of 2020

In a major development, Europe's marine high-sulphur fuel oil (HSFO) supply has tightened, with preparations for the upcoming sulphur cap well underway. As consequence...
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