Yearly Archives: 2019
Tanker Market Soars After Successful Spot Market Rally
According to an Alibra Shipping article, the geopolitics and market sentiment continued to provide stimulus for the tanker markets in recent weeks and crude...
Greek Ship Denies Spillage Accusation, After Authorities Clear 2000 Tons Sludge
A federal police document seen by Reuters said the tanker, Bouboulina, owned by Greece’s Delta Tankers Ltd, appears to have spilled the crude about...
Platts Releases Scrubber Premium Indexes for Charter Vessels!
S&P Global Platts has started publishing time charter equivalent (TCE) assessments basis 0.5% sulphur bunker fuel for scrubber and non-scrubber dry bulk carriers from...
Platts Unveils Cape T4 Parallel Ship Indices With Huge Spread
Ships with scrubbers can continue to use cheaper 3.5% sulfur high-sulfur fuel oil (HSFO).
Platts Cape T4 Index is a weighted average of...
Scorpio Tankers Geared To Face Fuel Restrictions
International Maritime Organisation in 2016 ordered ships to reduce the amount of sulfur in their fuel from 3.5% to 0.5% with a deadline...
Ship Structure Stuck in Niagara Since 1981 Dislodges Due To Storm
According to an article published in NBCDFW, severe weather that battered the Northeast this weekend has appeared to have loosened a massive ship that...
Sustainable Future Transition Process in Place! What More is Needed To Meet Targets?
Industry professionals have called for increased action to ensure maritime sustainability as stricter emissions rules approach, reports Government Europa.
Stringent restrictions
In 2020 the International Maritime...
Aegean Maritime’s Alleged $300m Sham Detailed in New Lawsuit
A $300 million lawsuit has been filed with the United States District Court for the Southern District of New York against four former directors...
Class NK: Zero Coalition To Promote Decarbonization
Leading Classification Society ClassNK is participating in the “Getting to Zero Coalition”, an international corporate coalition that promotes the de-carbonization of the maritime industry,...
Wärtsilä Retrofit To Reduce Ferry Emissions in Eologically Sensitive Waters
German ferry operator Aktien-Gesellschaft has selected Wartsila’s technology to reduce the environmental impact of ferries that operate in ecologically sensitive waters, reports Ship Technology.
LNGPac...