Yearly Archives: 2020
Ocean Freight Rates Affecting Contract Cargoes!
Ocean carriers are taking advantage of some of the best rates in three months.
They are deferring contract cargo in favor of spot...
NAT To Reap Benefits of Strong Tanker Market Conditions
In a January 7, 2020 message, it was informed about the first fixture of 2020 with a Time Charter Equivalent (TCE) in excess of...
Antwerp Shipowner Claims Net-Zero Carbon Emissions
On the occasion of its 125th year anniversary on 24 January, Antwerp-based shipping company Compagnie Maritime Belge (CMB) announced it has offset all its...
No Loss in Volume Over Shipping Alliance Shift, Says Container Hub
In a major development, the German container gateway of Hamburg announced that they won’t see a drop in throughput after the shipping alliance network...
WISTA and IMO To Promote Gender Diversity in Maritime Sector
The Women's International Shipping and Trading Association Limited (WISTA) and IMO signed a Memorandum of Understanding (MoU) on technical cooperation to further promote diversity...
Who Bought Monarch’s Famous VLCC With Scrubber and BWTS for $50m?
Monarch Alternative Capital sells vessel with both a scrubber and ballast water treatment system already installed, reports Splash247.
'A Whale' sold for $50m
Sales talk surrounding...
‘Frankenstein Fuels’ Triggers War of Words on IMO 2020
As the shipping and bunker industries' discussions about how best to address marine fuel emissions become more mainstream, participants in these debates are starting...
DNV GL Brings US Offshore Wind Stakeholders Together! Boosts Potential!
According to an article published in the Maritime Executive, last Friday, the DNV GL, Boskalis Offshore Energy and Huisman-US joined with other members of...
[Watch] Benefits of Working With IMO
This new video showcases IMO's new long-term strategy on mobilising resources for technical cooperation activities, and encourage active communication with potential donors and recipients.
Disclaimer:...
Wärtsilä Launches Enhanced LNG Bunkering Training Simulator
The technology group Wärtsilä is launching its new LNG Bunkering & Fuel Supply System simulator to raise training levels, says a press release published...