Castor Maritime Inc. Acquires It’s Second Dry Bulker
Castor Maritime Inc. entered into an agreement to purchase a 2001 Korean built Panamax dry bulk carrier from an unaffiliated third party.
Addition...
Double Acting LNG Vessel To Run Through the Northern Route
The ARC7 ice-breaking LNG carrier Nikolay Urvantsev is specially designed to operate on the Northern Route to Russia’s Yamal LNG project above the...
The Likely Implications of New IMO Standards on US Diesel
IMO regulations was widely expected to cause a sharp increase in demand for ultra-low sulphur fuels to be blended into marine fuels in...
Panama Canal Drought Places Restrictions on Ship Cargo
As Central America is facing the worst drought scenario, the canal is forced to place restrictions on the number of cargo ships can...
Weekly Tanker Report – Week 31, 2019
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 2nd August 2019 provides a valuable...
APAC LNG Marine Engine Market Keen To Generate Lucrative Gains by...
Commercial LNG marine engine market size is expected to grow due to demand for the container, tanker vessels, gas & bulk carriers with...
Britain Unveils Post-Brexit For Creation of 10 Free Ports
According to an article published in BBC News, the European government is planning to create up to 10 free ports across the UK after...
12,000 TEU Capacity New Container Depot by ONE at the Rotterdam...
In a major development, Japanese container line joint venture Ocean Network Express (ONE) has announced that they have opened a dedicated container depot in...
MSC Takes Note of Ship Security Problems in It’s 101st Session
In MSC's 101st session several topics were discussed including the security risk posed by pircay and armed robbery in ships. Based on latest piracy...
Maersk Advances PBF Logistics Clean Bunker Fuel Supply Deal by Two...
According to a Platts article, PBF Logistics' agreement to supply shipper A.P. Moller-Maersk with low sulfur bunker fuel will start in October, a company...
Shipowners With Scrubbers Likely To Be Outplayed by Oil Refiners As...
Shipowners are installing scrubbers as mini oil refineries to desulfurize higher sulfur bunker fuel. This is a bet they can beat oil refiners at...
[Answer] What Are the Legal Implications of a Mega Boxship Casualty?
As we approach towards the post IMO 2020 sulphur regulation there are certain legal implications that we would be aware of. Cargo claims and...
Panama Canal Expansion All Set To Improve Global Trade
Panama Canal now accounts for around 12 percent of the country’s economy with the 6,000th new Panamax (or Neo-Panamax) ship passed through the...
Bureau Veritas To Operate in China’s Free Trade Zone
Bureau Veritas has been approved by the China Maritime Safety Administration to operate in China's free trade zones.
BV is the first overseas...
Wallem Group OEM Awarded To MAN PrimeServ
MAN PrimeServ has signed an Original Equipment Manufacturer agreement with Wallem Group.
The company will provide service and supply parts to its main...
[Watch] China Launches World’s First Smart Oil Carrier
China launched the world’s first intelligent mega tanker 55 meters high, 300 meters long, roughly the size of three mega football fields, with...
Asia LNG Cargoes Trade Below $4 After Couple of Years
Cargoes of liquefied natural gas are trading in Asia below $4 per million British thermal units for the first time in several years, as...
AAL Prepares for IMO 2020 Regulation
Singapore-based multipurpose shipping company AAL shipping plans to move forward over the coming weeks and months to fully prepare for the important milestone in...
GeoSpock Collaborates With SGX To Bring Insights on Maritime Air Emissions
GeoSpock will partner with SGX to build an advanced global maritime spatial database with the Baltic Exchange to focus to global maritime air...
Weekly Bulk Report – Week 31, 2019
The Baltic Briefing has released a report about the dry bulk market of the 31st week of shipping activities of this year. The report...
