KR Granted AIP for 1st 8K Ammonia Bunkering Vessel
The Korean Register (KR) has granted approval in principle (AIP) for an 8K ammonia bunkering vessel, the first of its kind in Korea, reports...
[FAQ] What Is Drayage & Why Is It Important?
Drayage is a key component of transporting cargos for short distances, usually within a city or region.
Drayage forms a crucial part of...
Djibouti in Bunkering Spotlight Amid Suez Canal Crisis
The Suez Canal blockage has delivered a significant boost to marine fuel volumes at Djibouti highlighting the country's potential as a bunkering location for...
Another Cargo Vessel Runs Aground Echoing Suez Canal Crisis
An 80-metre ship came loose from a mooring and drifted across the channel, becoming solidly grounded across most of the mouth of the River...
ICS Issues Statement on Cargo Ship Refloating
A ICS press release reports the statement from Guy Platten, Secretary General of the International Chamber of Shipping, on the refloating of the Ever...
Fujairah Announced to Publish Monthly Bunker Sales Volume
At the 12th Fujairah International Bunkering and Fuel Oil Virtual Forum (FUJCON 2021) held on Tuesday (23 March) and Wednesday (24 March) Captain Salem...
Foreship Expects Scrubber Demand to Increase
Independent naval architect and marine engineering specialist Foreship on Friday (26 March) said with around 60 exhaust gas scrubber references it suggests that better...
Experts Expect Oil Companies To Reduce Output After Suez Crisis
Traders have to deal with many varied and obscure headlines whilst sitting at their screens. And today is no exception with the Suez Canal...
ABB’s Turbocharger Boosts Efficiency With Cleaner Fuels
Shipowners can find more efficiency and reduced emissions from their two-stroke engines by applying the latest turbocharging technology, reports Riviera.
New regulations
Tankers and bulk carrier...
LNG Shipping Costs Witness A Tumultuous Ride In 2021
Early 2021 witnessed a strong rebound in the regional LNG markets, with Asian spot LNG prices hitting over $30 mmBtu and European hub-based spot...
Muted Vessel Demand Pulls Baltic Index Down By 2.7%
The Baltic Exchange's main sea freight index declined on Tuesday, reports Yahoo Finance.
Baltic index decline
The Baltic Exchange's main sea freight index that tracks rates...
30% Capacity Plunge Post Suez Blockage, Predicts Maersk
The build-up of ships waiting at the just-reopened Suez Canal could trigger a capacity plunge of up to 30 percent in the comings...
MOL & Enviva Ink MoU To Explore GHG Emission Reduction
Mitsui O.S.K. Lines (MOL) and Enviva, have signed a memorandum of understanding agreement to develop and deploy an environmentally friendly bulk carrier, says a...
Yang Ming’s Optimistic Outlook for H1 2021
Yang Ming Marine Transport Corp gave an optimistic outlook for the first half of this year on expectations that container shipping rates would remain...
The War Against Covid Is Far From Won, Says Biden
According to a recently published article on CNN, President Joe Biden told Americans that the war versus Covid is “far from won".
CDC's warnings
"The CDC...
MOL & Kyuden Inks LNG Fuel Supply Pact
Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) announced the basic agreement for the supply of liquefied natural gas (LNG)...
5.1% Fuel Savings Attained From Silverstream Air Lubrication Trial
Shipping company Grimaldi Group has seen fuel savings of 5.1% from its trial of the air lubrication system developed by Silverstream Technologies.
Grimaldi has been testing the system...
USTC Acquires Tech Platform BunkerEx
Denmark’s USTC acquires online bunker broking platform BunkerEx, says an article published on Splash247.
Online automated pricing tool
BunkerEx functions as an online automated pricing...
Prioritizing Lesser Diesel Emissions and Increasing Standards
Air pollution from fine particulate matter (PM2.5) is increasingly driving the global burden of disease, and diesel-powered vehicles are substantial contributors.
Recognizing the...
US-to-Asia Naphtha Shipments Gain Momentum Due To Slim Arbitrage
Tighter supply in Asia kickstarted chartering activity for US-to-Asia naphtha arbitrage flows, amid tighter supply in Asia due to the logistical chokehold at...
