Weekly Tanker Report – Week 44, 2019
The Baltic Briefing has issued the tanker report for the 44th week of this year. The report dated 01st November 2019 provides a valuable insight...
Waning Demand Pulls Baltic Index Down To 4-month Low
According to an article published in Reuters, The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell...
IMO 2020: Seanergy Actively Implementing Its Scrubber Installation Plans
According to a recently published DryBulk article, Seanergy Maritime Holdings Corp. has announced the successful installation and commissioning of the first three exhaust gas...
Indian Energy Major Begins IMO Compliant Fuel Supply
Indian energy major Indian Oil Corporation Ltd. has commenced delivery of IMO 2020 compliant fuel for ships, reports Bloomberg Quint.
Comply to low sulphur mandate
In...
ExxonMobil Supplies Engine Oil for “Ship Of The Year 2019”
ExxonMobil is supplying Mobilgard ADL™ 40 engine oil for Color Hybrid, Color Line’s latest addition to its fleet of ferries, says an article published...
Cepsa Offers IMO Standard Fuels and Lubricants
Cepsa offers its customers marine fuels compliant with IMO 2020 standards - VLSFO 0.5% and MGO at the main ports in which it operates,...
[Watch] 3 Killed in Flash Fire & Blast on Crude Oil...
A powerful blast aboard an oil tanker off the Russian coast killed three people, reports RT.com.
The explosion popped the upper deck open like a...
Amidst Increasing Sizes & Stagnant Growth,Container Shipping Balance To Worsen: BIMCO
Demand drivers and freight rates Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in...
Maersk Signs Logistics and Automation Deal With Shanghai Based Company
In a major development, the Shanghai-based Lingang Group has inked a strategic cooperation agreement with Maersk to jointly develop international shipping service and related...
Tanker Market Soars After Successful Spot Market Rally
According to an Alibra Shipping article, the geopolitics and market sentiment continued to provide stimulus for the tanker markets in recent weeks and crude...
Greek Ship Denies Spillage Accusation, After Authorities Clear 2000 Tons Sludge
A federal police document seen by Reuters said the tanker, Bouboulina, owned by Greece’s Delta Tankers Ltd, appears to have spilled the crude about...
Platts Releases Scrubber Premium Indexes for Charter Vessels!
S&P Global Platts has started publishing time charter equivalent (TCE) assessments basis 0.5% sulphur bunker fuel for scrubber and non-scrubber dry bulk carriers from...
Platts Unveils Cape T4 Parallel Ship Indices With Huge Spread
Ships with scrubbers can continue to use cheaper 3.5% sulfur high-sulfur fuel oil (HSFO).
Platts Cape T4 Index is a weighted average of...
Scorpio Tankers Geared To Face Fuel Restrictions
International Maritime Organisation in 2016 ordered ships to reduce the amount of sulfur in their fuel from 3.5% to 0.5% with a deadline...
Ship Structure Stuck in Niagara Since 1981 Dislodges Due To Storm
According to an article published in NBCDFW, severe weather that battered the Northeast this weekend has appeared to have loosened a massive ship that...
Sustainable Future Transition Process in Place! What More is Needed To...
Industry professionals have called for increased action to ensure maritime sustainability as stricter emissions rules approach, reports Government Europa.
Stringent restrictions
In 2020 the International Maritime...
Aegean Maritime’s Alleged $300m Sham Detailed in New Lawsuit
A $300 million lawsuit has been filed with the United States District Court for the Southern District of New York against four former directors...
Class NK: Zero Coalition To Promote Decarbonization
Leading Classification Society ClassNK is participating in the “Getting to Zero Coalition”, an international corporate coalition that promotes the de-carbonization of the maritime industry,...
Wärtsilä Retrofit To Reduce Ferry Emissions in Eologically Sensitive Waters
German ferry operator Aktien-Gesellschaft has selected Wartsila’s technology to reduce the environmental impact of ferries that operate in ecologically sensitive waters, reports Ship Technology.
LNGPac...
Weekly Maritime Security Report – Week 37, 2019
Protection Vessels International has released the 37th Weekly Maritime Security Report of 2019. The report summarized on 31st October 2019 highlights the various incidents...