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...
IMO Nods To the Carbon Emissions Target
The International Maritime Organization’s (IMO) future emissions strategy calls for a reduction in total greenhouse gas (GHG) emissions of at least 50% by...
Department of Energy Authorizes LNG Exports from a New Project
The U.S. DOE approves a new project in Mississippi for the exports of liquefied natural gas.
Gulf LNG Liquefaction Company would have authority...
MOL Looks at Synthetic Methanol as An Alternative To Fossil Fuel
Synthetic methane, or methanation fuel, is generated by methanation technology that combines CO2 with renewable energy-derived hydrogen.
The CCR Study Group works on...
MOL Maintains Profit Forecast Despite Q1 Negative
Mitsui OSK Lines (MOL) remained in the black in the first quarter ended 30 June 2019 with a $113.8m and has maintained its full...
How Ship Recycling is Helping the Planet?
According to a Lloyd's Register article, doing away with the dangerous hazardous process of ship dismantling and recycling ships offers a viable solution
Here we...
CRU’s Insight on IMO 2020 Sulphur Supply Impact
According to a PR Newswire report, CRU thinks that the decision to implement more stringent sulphur limits for marine fuel will require a significant...
Ships and Refiners IMO 2020 Ready, Says Japan
According to a Seatrade Maritime News article, Japan has updated that the country’s first trial of using IMO-compliant bunker fuel on coastal vessels has...
[Watch] IMO Empowers Women Through It’s Gender Program
The IMO has produced a new film to showcase its Women in Maritime program, says an article published in their website.
Turning the tide
A film...
Galp’s IMO Refining Margins To Expand
Galp expects its refining margins to improve in the second half of this year with increased demand for marine fuels supporting crack spreads...
Marpol Loopholes Making Compliance Jittery?
Indonesia’s plans to ignore the sulphur cap for its national-flag vessels on domestic routes, though ratified with Annex VI, the biggest difficulty regulators...
Drunken Captain Puts the Ship Aground in the Port of Riga
An online newspaper 24-my.info reports an incident where drunken captain of Barbados put the ship aground in the port of Riga.
Ship put aground by...
South America’s New Panama Canal To Pass Through ‘Green Hell’
Paraguay to develop its remote Chaco region into transport hub.
Public works tenders for $1.2 bln could tap capital markets.
Paraguay plans to turn...
Maersk’s Advantageous Trading Access With TradeLens
Maersk has responded to a call by forwarders to share efforts to standardise digitisation through its TradeLens platform.
Maersk is committed to embracing...
Update of Asia LNG Spot Cargoes Trade on Abundant Global Supply
Indian Oil buys August cargo from Trafigura at $3.69/mmBtu
CNOOC buys September cargo from Vitol at $3.90/mmBtu
Last time cargoes traded below $4...
Weekly Maritime Security Report – Week 28, 2019
Protection Vessels International has released the 28th Weekly Maritime Security Report of 2019. The report summarized on 31st July 2019 highlights the various incidents that...
ABB Unveils New Compact Turbocharger in the Market
ABB has unveiled its A255-L and A260-L turbocharger efficient for small and medium two-stroke diesel and gas engines.
Turbochargers can be used on...
