VLCC & Clean Rates Remain Static in the Weekly Tanker Market
The Baltic Briefing has issued the tanker report for the 51st week of this year. The report dated 18th December 2020 provides a valuable...
Three Secrets Behind Ammonia’s Use as a Marine Fuel
ABS issued a ammonia as a marine fuel analyzing the top three factors one should consider when utilizing ammonia as a marine fuel.
It...
e5 Lab Inc. and ClassNK Sign a Joint Research Agreement on...
e5 Lab Inc. and ClassNK have signed a joint research agreement on cybersecurity, says a press release issued by ClassNK.
For their first joint research...
IMO Commends Captain for His Exceptional Bravery at Sea
According to an article published in Vietnamplus the International Maritime Organisation (IMO) has recently sent a letter to Captain Dinh Xuan Truong, Commander of...
Top 9 Ocean Stories of 2020
From the discovery of a giant coral reef pinnacle to a shocking estimate of plastics on the seafloor, Smithsonian Magazine reports the biggest marine...
ABS Completes JDPs In LNG Bunkering With A*STAR
ABS, Sembcorp Marine, and A*STAR’s Institute of High-Performance Computing (IHPC) have successfully completed joint development projects in LNG bunkering and the use of LNG...
Study Result on Expectation for 2021 Cruise Restart is Out
Royal Caribbean has provided no firm restart plan in the United States, but Wall Street is just as eager as cruise fans to know...
MOL Issues A Guidance To Prevent Mauritius Oil Ship Grounding Incident
In a major development, Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it has formulated measures to prevent an reoccurrence...
Moderna Vs Pfizer – How the 2 COVID Vaccines Are Competing?
The United States now has two vaccines available for emergency use and the Science News Erin Garcia de Jesus sought to find out the...
LSFO Demand To Spike As Coal Plants Shuts Down
Korea East-West Power raises December LSFO purchases
Coal plants shut down will trigger LSFO demand which eventually result in higher purchase
IMO 2020...
Asia Opens Upto LNG As It Turns Out To Be The...
According to an Argus Media report, LNG is slowly becoming the best alternative bunker fuel and Asia has woken upto it.
The Most Scalable Alternative...
Thoughts on Organizational Culture
The word “Culture” is increasingly in use while discussing big organizations. It is said to contribute to exponential growth of organizations.
What actually is Culture?
MIT...
IMO Chief Lambasts the ‘No Crew Change’ Clause
IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterparties.
He pointed out that such clauses exacerbate the dire situation of stranded...
Golden Union Buys Newcastlemax at Attractive Price
Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners.
Its full steam ahead for cape owners, battling...
France Bans Freights from UK, After New Strains
France decides to block lorries arriving from the UK for 48 hours in response to the emergence of a new strain of Covid-19.
...
Ships Race To Reposition Containers Globally
Ninety-five percent of coffee imports in the US and Europe arrive in containers.
The containers are unloaded and returned to port with outbound...
IMO To Consider Example of Bunker License
An IMO correspondence group has been set up to “review and amend, as appropriate, the indicative example of a license for fuel oil...
Lack of Proper Safety Procedures Leads To Barge Explosion
The National Transportation Safety Board has issued a marine accident report detailing the investigation of explosion of barge IB1940.
The Incident
About 0930 on November 4,...
NYK Expands IoS-OP Linked Fleet To 200 Vessels
Nippon Yusen Kabushiki Kaisha (NYK) and Ship Data Center Co., Ltd. (ShipDC) have agreed to use the latter’s IoS-OP to share data received from...
Panamax & Handysize Market Remain Positive With Holidays Kicking In
Baltic Exchange has released a report about the dry bulk market for the 51st week of shipping activities of this year. The report dated...