Yearly Archives: 2019
Russia Deferring Sulphur Regulation Till 2024
Russia plans to postpone domestic adoption of IMO regulation until 2024, to prevent financial pressure on its shipowners.
Delay could put down pressure...
Spain and IMO Sign MoU for Promoting Technical Assistance
IMO and Spain have signed a Memorandum of Understanding on technical cooperation activities to support capacity-building activities in English and Spanish-speaking countries, says a...
Carnival Anticipates First LNG Cruise Ship To Sail Out of a U.S. Port
Carnival Cruise Line, Shell, and Port Canaveral have agreed to follow the standardized processes for bunkering operations in Tenerife and Barcelona.
The officers...
Floating LSFO Inventories Swell Around Singapore Ahead of 2020
Accumulation of low-sulphur marine fuels held in floating storage around the Singapore trading and pricing hub are steadily growing ahead of a 2020, reports...
Clean Marine and FMSI Plan Merger To Boost Scrubber Business
Norway-based Clean Marine and its Singapore’s Feen Marine Scrubbers (FMSI) have signed a term sheet to combine their operations and position the companies as...
Valero Energy Predicts Favorable Market Conditions for Gasoline and Distillate Cracks
U.S. refiners have been revamping their processing units to make them compliant with the IMO regulations.
Valero plans to run its 14 refineries...
Hyundai Heavy Industries Conferred With BWMS Type Approval Certificate
The United States Coast Guard (USCG) has recently issued a Ballast Water Management System (BWMS) Type Approval Certificate to Hyundai Heavy Industries Co Ltd,...
Weekly Bulk Report – Week 43, 2019
The Baltic Briefing has released a report about the dry bulk market of the 43rd week of shipping activities of this year. The report...
Baltic Index Inches Up on Stronger Capesize Demand
According to an article published in The Financial Post, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk...
How To Plan for the Unplanable 2020 Scenarios: A BIMCO Insight
Shipowners can take many steps to prepare themselves, the crew and the fleet for 1 January 2020. But not all scenarios can be prepared...