Yearly Archives: 2024
Turkish Authorities Impose Penalties For Bunker Smuggling
Turkish customs authorities may impose penalties, including fines and criminal charges, on vessels with excess bunker fuel onboard compared to the declared quantity. This...
Ascenz Marorka’s New Center To Optimize Ship Operations
Ascenz Marorka, a subsidiary of GTT Group, has opened a new Real-Time Fleet Performance Monitoring Centre in Singapore. This center will provide 24/7 support...
Capesize & Panamax Freight Update: Markets Seek Stability Amid Sluggish Activity
Freight markets remain under pressure with limited inquiries, oversupply of tonnage, and sluggish activity across Capesize, Panamax, and Supramax segments, as year-end sentiment weakens...
VLCC Doldrums, Suezmax Tightens, Aframax Steady Amid Uncertainty
VLCC rates plummet amidst market uncertainty, Suezmax tightens in West Africa with limited gains, while Aframax sees steady North Sea activity but remains vulnerable...
The New Viking Vela Joins Award-Winning Fleet Of Sister Ships
The delivery ceremony took place this morning when the ship was presented at Fincantieri’s shipyard in Ancona, Italy. Classified as a small ship, as...
NYK, KNCC, And JFE Shoji Advance Toward Social Implementation Of CCS
Nippon Yusen Kabushiki Kaisha ("NYK"), its group company Knutsen NYK Carbon Carriers AS ("KNCC"), and JFE Shoji Corporation ("JFE Shoji") have recently completed a...
ReCAAP ISC: Two Incidents Of Armed Robbery 27 November – 2 December
Over the past week, 27 November – 2 December, one CAT 4 incident and one CAT 2 incident of armed robbery against ships in...
Two Players Bringing ROV Hull Cleaning Tech to Singapore for ‘Greener’ Shipping
UAE-headquartered HullWiper has joined forces with Singapore’s Unidive Subsea to provide its remotely operated vehicle (ROV) hull cleaning technology in Singapore. This solution, which...
COSCO SHIPPING Completes First Methanol Refueling Mission
On November 30, CHIMBUSCO Jiangsu achieved a significant milestone by successfully fueling the new methanol dual-fuel powered 1300TEU container ship “NCL VESTLAND” with 79.5...
China Sets Up Its First International Ship Registry in Hainan
China has opened up its first international ship registry in Hainan province to further boost the island’s development into a free trade port.
International ship...