Very-low-sulphur-fuel oils (VLSFO) is the umbrella term for marine fuels (other than marine gas oil) having a maximum sulphur content of 0.50%.
Their popularity has increased rapidly since the introduction of the IMO global sulphur cap earlier this...
Turbulent markets have left investors lacking clarity in many areas.
But one area that allows us to see months, even years, into the future is the supply side.
Not only does provide longer term clarity but it also...
Melbourne-based Ravensdown Shipping Services, part of fertiliser giant Ravensdown, has joined the TMA Bulk Pool with its time-chartered ship Iris Harmony.
The 38,584 dwt ship was built by Tsuneishi Cebu in 2019, and is owned by Japanese owner...
COVID-19 pandemic represents an opportunity to change the way we work in the future.
Classification societies making a major push to carry out inspections remotely.
Classification societies have carried out annual Document of Compliance (DOC) audits.
Audits remotely...
China State Shipbuilding Corporation (CSSC) has clinched a deal for twelve 120,000-dwt dual-fuel tankers with Bank of Communications Financial Leasing.
The investment is worth whopping 4.6 billion yuan ($657 million) and comes at a very difficult time for...
The Baltic Briefing has issued the tanker report for the 23rd week of this year. The report dated 05th June 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Yet another fairly active...
The largest container ship in the world arrived in the port of Hamburg on June 7, 0730 local time.
Hundreds of spectators watched the mega-ship being towed into the harbor basin along the Elbe.
The arrival of the...
Uniper signed a contract with Mitsui OSK Lines to build and charter an LNG ship.
It will handle deliveries of LNG into Germany’s planned terminal at Wilhelmshaven.
Germany wants to diversify from pipeline gas from the Netherlands, Norway,...
Port of Oslo signed a contract with compatriot boat builder Maritime Partner AS to purchase a new hybrid patrol boat for port surveillance.
The patrol boat will be among the most environmentally friendly of its type.
The new...
One-third of HMM’s container fleet is currently idled.
It is scheduled to receive some 400,000 teu of newbuild tonnage over the next 12 months.
The global idle containership fleet reached an all-time high of 551 vessels.
HMM’s 32.9%...
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