Yearly Archives: 2019
Term Rates for Clean Tankers High Ahead of IMO 2020
The 2mn b/d in global seaborne distillates exports increase would be the largest annual increase in at least 19 years.
Contribute to 8.4pc...
TMC Compressors To Supply for Chinese Shipbuilder
Shanghai Zhenhua Heavy Industries (ZPMC) has placed an order with TMC Compressors to supply a marine compressed air system for a news pipelay vessel,...
2020 Compliant Fuel Storage in Singapore at 2.9 Mn t
Inventories of IMO-compliant fuel oil and blending products reached 2.9mn t in Singapore on floating storage vessels at the end of August, according to...
Trafigura Takes Up Share Deal With Scorpio
Scorpio Tankers has agreed to acquire Trafigura subsidiaries that have leasehold interests in 19 ships in an all-share transaction worth $803 million, reports Reuters.
Upswing...
Weekly Maritime Security Report – Week 33, 2019
Protection Vessels International has released the 33rd Weekly Maritime Security Report of 2019. The report summarized on 18th September 2019 highlights the various incidents...
Tug Shows the Future of Autonomous Shipping
An article in Maritime Executive details the interesting future of autonomous or remote controlled tugs, explaining why it is important to pay more attention...
Monjasa Implements IMO Grade Marine Fuels
Monjasa is in preparation for a rapid change over to implement IMO compliant marine fuel 0.5% S in Panama.
Marine fuel 0.5% S...
Shipping Retaliates To Investor by Forming ‘Zero Coalition’ To Reach 2030 Target
Leading ports, banks, oil and shipping companies launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the...
DNV GL Focuses on Flexibility in Its 2050 Decarbonization Forecast
DNV GL – Maritime has forecasted the future of shipping industry and advised on being flexible to have a better outcome in its newly...
Shipping Environmental Efforts All ‘Set to Go’
The maritime industry is moving full steam ahead toward overhauling how ships get their power despite dissent from some vessel owners over the impact...