Business

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A ship company might look old-school among Singapore's tech high-fliers but Sinanju Tankers Holdings set a course for success some years back and has now sailed into the premier league of local firms, reports the Strait Times. The Fastest Growing...
Global commodities trader Trafigura Group recently announced its support for the idea of imposing slow steaming regulations to cut GHG emissions, reports Safety4Sea. Slow steaming for GHG emissions Trafigura Group recently announced its plans against climate change, setting new target to...
IACS has released its Blue Book and an accompanying IACS Green Book. These publications summarise the technical output of IACS that includes classification and statutory levels. It is an electronic library of all technical resolutions adopted by IACS...
In a major development, Maersk vice president, head of fleet technology Ole Graa Jakobsen revealed the technology behind its battery pilot and how learnings from it could be applied, reports Riviera Maritime MediaOperators Can Calculate Retrofit Costs? Maersk’s upcoming battery...
Mutual insurers are holding their breath as fuel compliance, scrubber performance and wash water issues present a whole new series of liability risks after IMO 2020 implementation, says an article published in Seatrade Maritime News. Possible scenarios P&I Clubs focus The...
Liner shipping industry’s BER has come under renewed attack from customers and suppliers. The commission has been accused of dismissing the views of users, operators and service providers in the supply chain. It stated that no shipping alliance...
The Baltic Briefing has released a report about the dry bulk market of the 4th week of shipping activities of this year. The report dated 24th January highlights the plight of the dry bulk market at the on-sight of...
 In a January 7, 2020 message, it was informed about the first fixture of 2020 with a Time Charter Equivalent (TCE) in excess of $100,000 per day, says a press release published on their website. Spot market fixtures For reference, but...
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 reshuffles scheduled for 1 April, says an article published in The Loadstar. German Hub Losing Container...
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 US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt Madison Orca, is...
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