Yearly Archives: 2019
Dwindling Capesize Demand Pulls Baltic Index 44% Down
According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped for a...
Infineum Reshapes Leadership To Face 2020 Challenges & Support Growth!
The responsibilities to the leadership team at Infineum will undergo a change effective 1 January 2020, says a press release published on their website.
Changes...
Evergreen To Use Navios Loading Computers for Better Cargo Handling
According to a Riviera Maritime Media report, Evergreen is boosting the safety and effectiveness of its onboard cargo handling across six newbuilds with the...
[FAQ] What Regulations Are Included in The FOC?
Recently, ABS published a detailed guideline of firefighting procedures in container cargo fire. Today, we are enlisting a part of that document that chronicles...
High-Risk Passengers To Face Fine Upto $34,000, Says USCG
The USCG issued an alert concerning passengers' high-risk behaviours onboard a vessel that sometimes lead to severe injuries or fatalities, reports Safety4Sea.
USCG recommendations
The Coast...
Valero Set To Profit from IMO 2020
$200 crude and epic economic collapse predicted when shipping industry regulation goes into effect Jan. 1, 2020.
Oil prices are down from a...
$4.3. Million Financial Support for IMO GHG Emission Strategy!
Partnerships and innovations are essential to combat climate change through reductions in GHG emissions. Keeping this in mind, Norway has provided an additional NOK...
Hyundai Box Ships To Get Scrubbers With New Compact Configuration
Hyundai Merchant Marine (HMM) ordered TWELVE 23,000-TEU containerships which will be fitted with scrubbers, reports Ship&Bunker.
Continued Scrubber trend
From early sightings of Hyundai Merchant Marine's...
DFDS Decade Long Scrubber Success Shows Scrubber 60% Effective Than Fuel
According to a Ship Insight report, Danish ferry operator DFDS has been congratulated by The Clean Shipping Alliance (CSA) 2020 for ten years of...
GasLog: Third Quarter Earnings Show Revenue Increments Owing To LNG Growth
GasLog Limited showed increasing YOY top-line revenues as a few of its newbuild vessels hit the water.
This growth is likely to continue...