Chinese Wind Power Company To Construct $1Bn LNG Terminal
According to an article published in Safety4sea, Chinese Suntien Green Energy Co. Ltd, a wind power producer and piped gas distributor, plans to develop...
Ship Operating Costs on the Rise Due To R&M and Insurance...
According to a report published in Drewry, underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend.
Cost...
Why Scrubber Discharges are Banned in Ports?
Operators that have invested in open loop scrubbers have announced that they are restricting or completely banning ships.
They have banned ships that...
[Answer] Do You Know What Plimsoll Lines on Ships Indicate?
Have you ever wondered what Plimsoll lines are? And why are they called Plimsoll? Professionals across the shipping industry may be familiar with the...
Intra-Asia Trades Witness Wavering Freight Rates and Faltering Profits
Increased competition and vessel cascading on intra-Asia trades has led to rock-bottom freight rates and plunging profits for regional carriers, reports the Loadstar.
Annual drop...
Global Trade Conundrum Hinders Transpacific Spot Rates
Container spot rates across the board fell this week, according to the reading of the Shanghai Containerized Freight Index (SCFI) on Nov 15, reports...
Weekly Tanker Report – Week 49, 2019
The Baltic Briefing has issued the tanker report for the 49th week of this year. The report dated 06th December 2019 provides a valuable insight...
LNG and LPG Touted To be Promising Fuels of Tomorrow
According to DNV GL, gas as shipping fuel for shipping is the “best choice” for the next decade if the maritime industry is looking...
Australia’s Billion Dollar Hydrogen Strategy
CSIRO, Australia's national science agency, maps the critical research steps Australia has to take to realize a hydrogen industry it says is potentially worth...
Wartsila’s Take on Meeting the Challenges Ahead for Shipping
According to an excerpt published in Seatrade-Maritime News, ahead of Marintec China we talk to Östen Lindell, Director, Marine Unit East Asia & China,...
Bimco and Partners Launch Hull Underwater Cleaning Standard
In response to growing concerns over the impact of hull bio-fouling on the marine environment, BIMCO and a group of industry partners have set...
HSFO Availability Hit by IMO 2020 Preparations
According to an article published by Seatrade Maritime News, bunker vessels that handle heavy fuel oil (HFO) have already started cleaning their tanks in...
Human Factors Key To Ensure Scrubber Compliance
According to an article published in Riviera Maritime Media, operators of vessels with scrubber installations say regulatory compliance depends on efficient maintenance and training...
How Decarbonisation Will Reshape Shipping?
According to an article published in Ship-Technology, Nations of the world have, in recent years, embarked on concerted efforts to meet the challenge of...
IMO-DCS: First Reporting Period of Fuel Oil Consumption To End
In the latest October 2016, MEPC 282 reunited and adopted mandatory MARPOL Annex VI requirements for ships to record and report their fuel oil...
BIMCO To Hold IMO 2020 Seminars and Training Courses
BIMCO has lined up a number of IMO 2020 training programs and seminars from December 2019 to December 2020 at different locations.
Why choose BIMCO
...
What Helped Ocean Carriers Average Operating Margin Improve To 3.6% in...
Cheaper fuel prices helped ocean carriers improve their average operating margin to 3.6% in the third quarter, reports The LoadStar.
Q3 lead and loss
This compares...
Industry Investing More in E-navigation for Ergonomically Efficient Bridge
Capt. Mark Bull, Director, Trafalgar Navigation, in his presentation at 2019 SAFETY4SEA Hamburg Forum, gave an insight concerning e-navigation, says an article published in...
Weekly Maritime Security Report – Week 41, 2019
Protection Vessels International has released the 41st Weekly Maritime Security Report of 2019. The report summarized on 04th December 2019 highlights the various incidents that...
Total Signs Ten Year LNG Bunkering Deal in France
CMA CGM has inked a deal with Total for it to supply LNG for containerships operating between the Med and Asia with bunkering in...