New Maersk Battery Retrofit Project To Revolutionize Ship Electric Systems!
In a major development, Maersk vice president, head of fleet technology Ole Graa Jakobsen revealed the technology behind its battery pilot and how learnings...
2020 Claims Making P&I Clubs Jittery!
Mutual insurers are holding their breath as fuel compliance, scrubber performance and wash water issues present a whole new series of liability risks after...
Shipping Stakeholders Express Dissatisfaction Over BER Extension
Liner shipping industry’s BER has come under renewed attack from customers and suppliers.
The commission has been accused of dismissing the views of...
Weekly Bulk Report – Week 4, 2020
The Baltic Briefing has released a report about the dry bulk market of the 4th week of shipping activities of this year. The report...
NAT To Reap Benefits of Strong Tanker Market Conditions
In a January 7, 2020 message, it was informed about the first fixture of 2020 with a Time Charter Equivalent (TCE) in excess of...
No Loss in Volume Over Shipping Alliance Shift, Says Container Hub
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...
Who Bought Monarch’s Famous VLCC With Scrubber and BWTS for $50m?
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...
Oil Prices Tumbled on Crude Inventory Effect!
The American Petroleum Institute (API) estimated on a surprise crude oil inventory build of 1.57 million barrels for the week ending January 17, compared...
Multipurpose Sector Remains Positive As Lines Turnoff Oversized Cargo
Larger breakbulk and heavylift vessels are predicted to see an average 6% rise in their earnings this year.
Container lines ‘lose interest’ in...
EU’s Strict Policy Benefits China & The US, Says Maersk CEO
Maersk CEO Soren Skou voiced that strict enforcement of competition rules in EU proves detrimental to growth.
It prevents development of the global...
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