Yearly Archives: 2022
Regulator Impose $80 mn Fine On Freight Rate Collusion
South Korea`s antitrust regulator on Tuesday announced it has decided to impose a combined fine of 96.2 billion won ($80 million) on 23...
Panama Bunker Sales Gain 5.7% After 2-month High
Bunker sales in Panama ended up 5.7% higher overall last year after reaching the highest level in two years in December, reports Ship&Bunker.
Rising bunker...
[FAQ] Types of Inspection During Port State Control Visit
A port State control visit on board a ship will normally start with, as a minimum and to the extent applicable, examination of the...
TORM Aims for 40% Cut in Carbon Emission By 2025
Tanker company TORM has brought forward its short-term carbon emissions reduction target by five years, reports Ship&Bunker.
40% cut carbon emissions by 2025
The firm will...
SCA To Wrap Up Suez Canal Expansion in 2023
The Suez Canal Expansion plan is viewed to be executed by July 2023.
The chair of the Suez Canal Authority (SCA) declared plans...
IMO Secretary General Addresses Ship Design Sub-Committee
The Secretary-General Kitack Lim addressed at the opening of the Eighth session of the Sub-Committee On Ship Design And Construction (Sdc 8) (17 to...
Withdrawal Of Directive Imposing Fines On Ships With Unvaccinated Personnel
Early in January 2022, our local correspondent, Sheringham P&I Services, advised that Ghana Port Health Service will levy a fine of USD 3,500...
Methanol-Fueled Bulker Developed By ABS, SDTR and SDARI
An innovative methanol-fueled bulk carrier has been designed in a joint development project (JDP) between ABS, SDTR Marine Pte Ltd. (SDTR) and the...
What A Way To Start for Cruise Ship Drydocks In 2022?
The new year is off to a strong start with many ships currently undergoing all kinds of work at drydocks globally.
From extensive...
A Peep Into Tanker Sale and Purchase In 2022
Last year is destined to go down as a record year for activity in the tanker sale and purchase (S&P) market with the first two...