Yearly Archives: 2019
IMO 2020: Mcquilling Services Mid-Year Tanker Market Outlook
The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades.
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Oil Industry’s Explores Solutions To Tackle Sulfur Problems
Apart from CO2 emissions, critics are concerned about the sulfur oxides that come from burning high-sulfur fuel by ships.
One gallon of high-sulfur...
Banks As Financiers Are Evolving Apace With Shipping Going Green
As the International Maritime Organisation impose regulations on harmful gas emissions from ships, banks as the industry's financiers are evolving alongside, reports Arabian Business.
Global...
Australian State Speeds Up Second LNG Import Terminal Review
The New South Wales government of Australia has announced that it would set the review of a liquefied natural gas (LNG) import terminal located...
Amidst Pollution Concerns Coast Guard Informs Capsized Cargo Ship Hasn’t Leaked
The US Coast Guard thinks the environmental impact from the ship is limited so far, Cdr. Norm Witt, reports CNN.
No major release
"We don't have...
IMO 2020 and Its Effect on Midstream
New IMO regulations imposing stricter sulfur limits on the shipping industry have broad implications for energy, including midstream.
Demand for crude and refined...
Weekly Bulk Report – Week 36, 2019
The Baltic Briefing has released a report about the dry bulk market of the 36th week of shipping activities of this year. The report...
Wärtsilä Solutions To Help Hurtigruten Go Greener
World’s largest expedition cruise operator Hurtigruten is planning to go much greener using Wärtsilä technology.
It plans to convert three more vessels to...
Gazprom and KOGAS Eye Close Knit LNG Cooperation
According to an article published in LNG World News, Russian giant Gazprom and South Korea’s KOGAS have voiced readiness to expand their cooperation in...
Advent of IMO Tier III Tug Newbuilding on the Horizon!
According to an article published in Riviera Maritime Media, the tide has turned for IMO Tier III tugs as owners around the world prepare...