Yearly Archives: 2020
The Future of Shipping Stares At Leasing Over Owning As Liners Take Charge
The world’s container liner business is now so consolidated that it can deftly match vessel capacity to cargo demand. This change — courtesy of...
IMO Meetings Go Virtual & the Dream for Physical Meetings Continues
The unprecedented COVID-19 pandemic has resulted in the temporary closure of the IMO headquarters building, thus preventing the possibility of physical meetings being...
[Watch] A Rare Nighttime View of Freighter Arriving in Harbor
The captain of the MV Calumet, a cargo freighter based in Cleveland, shot a time-lapse, point-of-view video to document his arrival to the Buffalo...
Scorpio Bulkers Inc. Announces Exit from Dry Bulk Sector
Scorpio Bulkers Inc. announces exit from Dry Bulk Sector, classifying its fleet as held for sale, says a press release published on its website.
Exit...
Pilot Studies On Bio Fuel Production Underway Around The World
The marine industry has shifted its attention to accommodating the International Maritime Organisation's (IMO) greenhouse gas (GHG) strategy, after having to adjust to the...
Lean Marine To Equip Two Tankers With Brand New Automation Technology
Lean Marine have signed a contract with Neste to install the FuelOpt™ automation system onboard two oil tankers.
FuelOpt™ enables direct fuel savings...
Sulphur Fuel Oil Prices Touch Triple-Digit Mark
Emblematic of the topsy-turvy year shipping has endured, the Hi5, the spread between high and low sulfur fuel oil is closing out 2020 heading...
Britain Plans To Rival Singapore With Post Brexit Shipping Regime
Britain is drawing up plans to turn London into a rival of Singapore as a hub for shipping companies to register vessels after...
Fujairah Fuel Oil Stocks Soar High
Oil stocks including those of bunker fuel at the Middle Eastern bunkering and shipping hub of Fujairah have risen to their highest level since...
DNV GL & HHI Collaborate on Green Tanker Designs
DNV GL and HHI Group have teamed up to embark on the development of future-proof tanker designs.
Results of the joint research shows...