Fuel Price Differentials To Surpass US$400?
According to a recent Argus Consulting analysis, the price differential between low sulphur marine gas oil (MGO) and high sulphur fuel oil (HSFO) is...
Weekly Tanker Report – Week 40, 2019
The Baltic Briefing has issued the tanker report for the 40th week of this year. The report dated 4th October 2019 provides a valuable...
Are You Ready for IMO Climate Strategy?
According to an article published in MarineLink, Even as preparations for the 2020 global sulphur cap are still underway, the marine industry is already...
Asian LNG Prices Slip as China Stays Away
LNG shipping rates for the Pacific basin jumped to $75,000 per day, from $61,000 - $65,000 last week.
The average LNG price for...
Bridge System Touch Screen Accidentally Shuts Main Engine
According to a report published by the Transportation Safety Board of Canada has released a grounding report on the tanker Damia Desgagnés at St....
Yara Marine Technologies Welcome Their New CEO
Yara Marine Technologies, the Norwegian based scrubber supplier, announced a change of leadership as Dr Thomas Koniordos was introduced as the company’s new CEO,...
Hybrid Propulsion Carriers To Efficiently Assist LNG Import From US
A pair of hybrid propulsion LNG carriers with apple-shaped tanks will move LNG efficiently between the US and Japan, reports Riviera Maritime Media.
Avid LNG...
Cruise Ship Collision in Tulcea, Passengers Sustain Injury
Cruise ship Prinzessin Isabella collided with a Panama-flagged cargo ship in Tulcea waters, Romania, the Danube and incurred damage on its exterior, reports International...
Fujairah Oil Stocks Witness a Seven Week High on Heavy Distillates
Refined oil product stocks at the Middle Eastern hub of Fujairah climbed 7.1% in the week, led by gains in heavy distillates and residues...
Liners Likely To Blank More Sailings As Failure of LSFO Costs...
According to an article published in the LoadStar, with IMO 2020 0.5% sulphur cap on marine fuel just over 100 days from becoming law...
Complications Await Shipowners Ahead of IMO 2020
According to a Platte article, the shipping industry is gearing up for the challenge of IMO 2020.
What's the way out?
Some are queuing up for...
Declining Newbuild & Delayed Scrubber Retrofit Tightens Dry Bulk Capacity
According to a Seatrade Maritime News report, the dry bulk shipping market is sensing good times ahead as a cloud of uncertainty over what...
Addressing Legal Stress Points in IMO 2020
A potential source for tension in time charter contracts in the run up to IMO 2020 is that some new low-sulphur fuel blends being...
[Watch] How Environmental & Safety Norms Are Flouted in Shipbreaking Yards
A recent Dutch documentary has highlighted how environmental and safety norms are flouted in Gujarat’s Alang shipbreaking yard.
The documentary shows how the Dutch company,...
Baltic Index Ascend To 1,770, Up by 3 Points
The Baltic Exchange’s main sea freight index edged higher on Monday, as a rise in panamax vessel demand offset declines in both the capesize...
Do Not Delay Installing BWM Systems! Advises ClassNK
As difficulties are expected in BWMS installations if everyone around the world waits until 2022, ClassNK recommends installing well in advance, says a press...
NYK Delivered Low Emission Chemical Tanker With Stable Freight Rates Assurance
Nippon Yusen Kaisha (NYK Group) announced the delivery of Takaroa Sun, a methanol carrier equipped with two-stroke dual-fuel engine technology that enables the vessel...
Sinopec To Start Blending of Compliant Bunker Fuel at Qilu
Sinopec said it will begin blending IMO 2020 grade bunkers at its Qilu refinery in eastern China by the end of October, reports Reuters.
Blending...
DCE Eases on Restocking Owing To Slowdown
According to an article published in Freight Investor Services, Dalian Commodities Exchange (DCE) closed lower on Tuesday for the second consecutive trading day this...
Hapag-Lloyd Cruises Vows To Run All Ships on LSFO?
Hapag-Lloyd Cruises has planned to switch over to low-pollutant MGO from July 2020 in an effort to cut total sulphur emissions by 80%.
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