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A petrochemical vessel, called a propylene-propane splitter, the heaviest load to ever hit Alberta’s highways is parked off Highway 14 just east of Highway 21 says, Edmontan Journal. What is this splitter? The heaviest transportation project in the history of the...
Higher volume of spot LNG trades seen in 2019 than in 2018 LNG fleet growth drops to 6% in 2019 when compared to 12% in 2018 Expectations for higher average spot LNG trades in 2019 than in 2018,...
  The weekly maritime security report highlighting the various events that occurred over the week in the shipping industry has been compiled. Pirates attack merchant vessel in Cotonou On 2 January, a merchant vessel reported that it came under attack at...
In the past of couple weeks, market rates have softened despite the holiday period. This has raised a question on the ships having been quietly fixed, particularly ex-MEG. Another vital question is whether rates have found support at their...
The subsea construction company Hydra is making its saturation diving vessel available for charters. It's time for the Subsea Responder to charter as it has completed its 5-year reactivation survey. It outperforms four-point SAT vessels and comes with...
Report Highlights Transpacific pricing usually picks up mid-December as importers look to replenish after Christmas. But, wary of trade tariff increases, many importers are already overstocked. So, it wasn’t surprising that the mid-December General Rate Increases (GRIs) were cancelled. Prices...
The last week of the year showed some interesting developments in the Tanker Market which are highlighted by this 'weekly tanker report' by the Baltic Briefing. VLCC Middle East Gulf rates shed 3/3.5 points to WS 83/83.5 for 270,000mt to China. ...
  UltraBattery battery pack to be used for ship solar power system on large general cargo ship. Joint project Masterbulk Pte. Ltd. (Masterbulk) and Eco Marine Power (EMP) announced the installation of UltraBattery® (UB) battery pack on the large general cargo ship...
The hard work LUKOIL Marine Lubricants has paid off as they have succeeded in bagging two awards which recognizes their continual development and contributions within the marine industry, says a press release on their website. What is it? LUKOIL Marine Lubricants...
Samsung Heavy Industries Co., a major South Korean shipbuilder, has clinched a deal worth 426 billion won (US$378 million) to build two liquefied natural gas (LNG) carriers, says The Medi Telegraph. What is in the contract? The contract, with a North...
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