Yearly Archives: 2019
Shipping’s Liquid Fuel Alternative is Already Within Reach
Chief Operating Officer of the Methanol Institute states that the majors have already come out in support of LNG as fuel; it forms a...
Green Maritime Methanol Consortium Welcomes Two Leading Shipowners
The Green Maritime Methanol consortium reviews the possibilities for renewable Methanol as a maritime transport fuel. The consortium has recently extended its membership with...
Capesize December Morning Technical Comment
Resistance - 21,443,21,745,22,375
Support - 20,616,20,329,20,045
Current Price - USD 20,750
Bull Argument
RSI in divergence
Bear Argument
RSI is below 50
Synopsis - Intraday
Price action remains technically...
One of a Kind Market Along the Alang Coast Selling Odds and Sods
At Alang on the western coast of India, one may find second-hand doors, lifebuoys, light bulbs and other salvaged goods from broken ships, reports...
BIMCO Launches New Study Programme for 2020
BIMCO’s Summer Shipping School in Copenhagen has been a regular fixture on the maritime training calendar since 2002, but this summer saw the launch...
DSME: First LNG Carrier With New Air Lubrication System
Daewoo Shipbuilding & Marine Engineering successfully built an LNG carrier equipped with an air lubrication system, reports Yonhap News Agency.
It was announced on 18th...
IMO Laws Move the Bar on Low Sulphur Sweet Crudes
IMO 2020 shipping fuel regulation has triggered a shift in oil market fundamentals, increasing the desirability of low sulphur, sweeter crudes with the ability...
Singapore-Flagged Vessel Auctioned On Taobao for S$16.7 Million
According to an article pulished in Insider Financial, a Singapore-flagged vessel was recently auctioned off on online shopping platform Taobao for 81 million yuan...
Shipping Company Fined $3 Million by U.S. Court
According to an article published in St.Thomas Source, the U.S. District Court issued a criminal fine of $3 million to Ionian Shipping, Lily Shipping...
LNG Carrier Spot Market Remains Stagnant With No Signs of Development
According to an article published in Seatrade-Maritime News, the long talked about LNG carrier spot market is unlikely to see further development according to...