FIS Technical – Panamax Index Report Remains Bullish
An upside price action has come from a lower low meaning it is counter trend, above the USD 16,647 resistance the bear phase...
Global LNG Supply Puts VLGC Rates Close To Four-Year Highs
Very Large Gas Carrier rates on the key Middle East-Japan route have touched near four-month highs around $79/mt this week and looked poised to...
Wartsila Wins LNG Bunkering Simulator Order
The technology group Wärtsilä will supply an LNG bunkering vessel simulator to Kasi Group (Malaysia), a leading provider of integrated marine solutions, reports Ship...
[Watch] Braemar: The Largest Ship To Cross the Corinth Canal
Passengers on the 72ft wide MS Braemar cruise ship could reach and touch sides.
The 643ft long vessel can carry more than 1,200...
Prax Expands Its Bunker Barge Fleet Ahead of 2020
According to an Argus Media report, UK-based fuel supplier Prax has chartered a bunker barge for low-sulphur marine fuels in preparation for the new...
Maersk Surcharge Clarity: Shippers To Pay ‘Cost Recovery’ Only
In a major development, Maersk Line has announced that they will only charge for the “extra cost of compliance” as the carrier introduces new...
Is Plastic Free Ocean Possible?
Today, we announced that System 001/B is successfully capturing and collecting plastic debris, After one year of testing, we have succeeded in developing a...
Intercargo: 2020 Still Dominates Dry Bulk Shipping Challenges
In a major development, INTERCARGO re-iterated its commitment to a safe, efficient, high quality and environmentally sound dry bulk shipping industry in their Annual...
American Club Issues Best Practice Guidance To Deal With Bunker Issues
According to an article published in AJOT, the American Club has released its latest loss prevention guidance, Bunkering – A Compendium, together with website...
Minor Bulks To Fuel Dry Cargo Demand Growth in Future
Smaller geared dry bulk vessels are rejoicing, as Chinese iron ore imports reach peak levels.
Minor bulks are set to provide new demand...
KLine Commences Joint Research With Artificial Intelligence!
KLine will continue to promote the creation of new values by combining its own knowledge on shipping cultivated for the past 100 years.
...
LNG Tanker Flocking Towards Asia As European Market Faces Glut!
LNG tankers are turning towards Asian markets from Europe due to restricted parking space, lower demand and higher prices.
Many LNG tankers appear...
300 Oil Tankers Shunned Due To U.S. Imposed Sanctions?
According to an article published in Reuters, nearly 300 oil tankers globally have been placed off-limits as companies fear to violate U.S. sanctions against...
Typhoon Sinks Panamanian Cargo Ship in Tokyo Bay
Panamanian ship sinks in typhoon-hit Tokyo Bay leaving 5 crew members dead, reports Kyodo News.
What happened?
Five crew members died and three others remain missing...
Offshore Shipping Segment Boosts Optimarin Revenue
According to an article published in Offshore Engineering, Ballast water treatment (BWT) specialist Optimarin said that the recovery of the offshore shipping segment is...
[Watch] Cruise Cabins Crushed in Cargo Ship Collision
Cruise ship Prinzessin Isabella collided with a Panama-flagged cargo ship in Tulcea waters, Romania, the Danube and incurred damage on its exterior.
Cabins of the...
Cyber Attack That Destroyed Ship’s Network!
Senior commander says a merchant vessel was infected with a virus that destroyed its network, reports The Wall Street Journal.
Emotet malware
The cyber attack on...
ExxonMobil Begins Supply of Globally Compatible VLSFO
ExxonMobil has started supply of its 0.50% sulfur VLSFO bunkers in the Singapore and ARA (Amsterdam, Rotterdam and Antwerp) markets, reports Ship & Bunker.
Globally...
Enclosed Space Fatality Analysis and Prevention
CHIRP Maritime recently published an editorial comment in The Maritime Executive titled ‘If Nobody Entered Enclosed Spaces…’. The article narrates the possible reasons for...
Spot VLCC Freight Rates Infringe the World-Scale Mark
Spot VLCC freight rates for shipping crude from the Persian Gulf to the Far East breached the 200 Worldscale mark Friday with shipowners' earnings...