Fujairah Witnesses Oil Stockpiles as Distillates Take a Tumble

Oil products stockpiles at the Fujairah trading hub in the UAE ended 2019 with their biggest annual gain, led by a more than doubling...

Turkey Updates Marine Pollution Fines for 2020

Pursuant to Article 20 of the Turkish Environmental Code no. 2872, fines are imposed on vessels for causing pollution in Turkish waters through discharge...

Weekly Maritime Security Report – Week 1, 2020

Protection Vessels International has released the 01st Weekly Maritime Security Report of 2020. The report summarized on 07th January 2020 highlights the various incidents that...

Weekly Tanker Report – Week 1, 2020

The Baltic Briefing has issued the tanker report for the 1st week of this year. The report dated 3rd January 2020 provides a valuable...

Wärtsilä Exhaust Gas Cleaning System Gets CCS Type Approval

The technology group Wärtsilä’s Exhaust Gas Cleaning (EGC) system has been Type Approved in China by the China Classification Society (CCS), says a press release...

Refinery News: Muted Impacts Noticed Till Now Due To Strikes in...

According to an article published in Platts, some turnarounds are still continuing in Europe while news is emerging on newly planned works for 2020. Collective...

Top Questions That’s Plaguing the World of Ocean Shipping in 2020

According to an article published in Freight Waves, ocean shipping begins the year with unusually high optimism in the crude-tanker sector and very strong...

Interview With a CEO on the Future of Decarbonisation

According to an article by Alibra Shipping, it features an interview with the CEO of a major shipping company, to get their perspective on...

Container Spot Rates Pushed Up, Tighter Supply a Reason?

Festive boost for container lines as tighter supply pushes up spot rates, says an article published in The LoadStar. Rise in container spot rates Container spot...

Dry Bulk Demand Slump As a Fallout of 2020

Good news if you’re a shipper of coal, grain and iron ore: Ocean transport is once again looking cheap in 2020.Bad news if you’re...

‘Very Long’ Waiting List for Scrubber Installation, Says Wartsila

According to a Platts article, there are "very long waiting lists at some shipyards," particularly in China, for installation of scrubbers on vessels to...

[Watch] Horrifying Video Shows Huge Wave Sweep Beachgoer into Ocean

The nine-second video shows the man standing on a rocky outcrop at Bonny Doon Beach in Santa Cruz, California. A couple of seconds into...

S.Korea Retains Its No.1 Spot

South Korea's shipbuilding orders kept the No.1 spot for two straight years to 2019, reports Xinhuanet. Local shipbuilder’s new orders South Korea's shipbuilding orders kept the...

Why Box Lines Rush for Scrubbers?

With high-sulfur fuels currently around half the price of low-sulfur options, container lines are rushing vessels to shipyards to get scrubbers fitted with the...

GSF Waves Red Flag Around New Low Sulphur Fuel Surcharges

The Global Shippers Forum (GSF) has issued a warning to ocean freight customers as they find themselves saddled with the extra cost of cleaner...

Carnival Elation Spills Gray Water at Port Canaveral

The Carnival Elation cruise ship discharged around 5,900 gallons of gray water into the ocean at Port Canaveral on Thursday in violation of U.S....

Hyundai Heavy Group Sets the Revenue Target for 2020

South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, which includes the world's largest shipyard, aims for a revenue of USD 15.9 billion in 2020,...

Intellian and HGS Team Up To Build Smart Ship Market

World-first package pairs Intellian satcom with Hyundai Global Service’s smart ship solution,reports the Maritime Executive. Satcom package for smart ships Intellian, the global leader in mobile...

2019 Recap: A Tale of Two Container-Shipping Trades

According to a Freight Waves article, the split between the world’s two largest container-shipping trade routes has grown even more acute as this year...

UK Flagged Commercial Vessels To Be Escorted by the Royal Navy...

In a major development, Britain's navy will accompany UK-flagged ships through the Strait of Hormuz to provide protection after the killing of Iranian military...