Yearly Archives: 2021
Scrubber-Fitted VLCCs Make Good Revenue
Non-scrubber fitted tankers in the red on key routes.
Widening HSFO discount to LSFO may revive scrubber market.
Rising LSFO prices to push...
500 Kilos Cocaine Shipped To Europe, Busted
Bulgarian authorities seized half a ton of cocaine from Colombia, hidden in two trucks carrying citrus fruits, the country’s interior ministry announced on...
Surge in LNG Powered Ships, Ups LNG Bunkering Market
Key players in the North American LNG bunkering and refuelling market will be meet at Riviera’s LNG Bunkering and Refuelling, Americas conference, 18-19...
Oil Companies In Europe Report Less Throughput
Oil companies in Europe have reported lower throughput in the fourth quarter and 2020 as a whole, with many refineries continuing with run...
World Leader in Certification Gives Approvals in Principle (AiP) for GTT
GTT has obtained two Approvals in Principle (AiP) from Bureau Veritas, a world leader in testing, inspection and certification.
The first Approval is...
IMO Calls for Action To Counter Piracy in the GoG
Enhanced cooperation and implementation of best practices needed to avoid, deter and report attacks threatening ships and crew.
Implementation of Best Management Practices...
Surging Ocean Cargo Demand Fuels $10b Spree for New Vessels
Trend to continue as carriers eye replacing older vessels.
Order book rebounds from a more than 30-year low in 2020.
Few of the world’s...
What Does Force Majeure Do If It Is Declared?
The development of a new BIMCO Force Majeure Clause is progressing and continued last week as the subcommittee met to draft a bolt-on provision...
China Hits In Return With WHO’s Covid Report By US
China has fired back at the US over allegations from the White House that Beijing withheld some information about the coronavirus outbreak from World Health...
Poor Bridge Resource Management Leads To Tanker Hitting Wharf
A National Transportation Safety Board Marine Accident Brief says that an 83,000-cubic-meter LPG tanker struck a Washington State wharf on December 15, 2019, because...