[Watch] Maersk COO Explain Shipping’s Climate Efforts at UN Climate Action...
Recently, Maersk released a video of their COO, Soren Toft, explaining shipping's climate efforts at the UN Climate Action Summit. The video described as...
LNG The Most Commercially Viable Future Proof Fuel?
According to a new report released by SEALNG, Liquified Natural Gas (LNG) is the most mature, scalable, and commercially viable alternative fuel currently available...
BIMCO: Regulating Propulsion Good Way To Curb Emissions
In a major development, BIMCO has submitted a proposal to the International Maritime Organization (IMO) to regulate the propulsion power of ships in order...
The Third Largest Merchant Fleet in EU Is ‘Sulphur Cap Ready’
According to a leading shipowner shipping companies in Cyprus, whose merchant fleet is the third biggest in the EU and eleventh in the world,...
Distracted Captain on Phone Results in Bulk Carrier – Barge Collision
According to an NTSB investigation report, On January 31, 2016, at 1953 local time, the bulk carrier Aris T collided with a moored tank...
Kuehne + Nagel Takes the Green Pledge
Kuehne + Nagel (KN) is claiming a win for the environment after announcing that it will offer carbon-neutral services for all less-than-containerload (LCL) shipments,...
GP’s Maiden Compliant Fuel Delivery in Fujairah
Oil trader and bunker provider GP Global delivered its first barge of compliant low-sulphur fuel oil into Fujairah in the United Arab Emirates, reports...
Sovcomflot Incorporates Poseidon Principles for LNG vessels
Sovcomflot and NYK Line have signed a new USD 176 million non-recourse credit facility for eight years with three leading international banks, reports Steel...
SEMCO Proposes Innovative Solution To Address Global Sulphur Cap
Japan-based SEMCO hopes its electronic measuring tape offering will be a good fit to ease the growing demand to measure lighter marine fuels, reports...
Eagle Bulk Shipping Inc. Acquires Modern Ultramax
Eagle Bulk Shipping Inc. (EGLE), one of the world’s largest owner-operators within the Supramax / Ultramax segment, has taken delivery of the previously agreed...
Collision Between ONE Container and Tanker Injures Seafarer
At least one seafarer was injured when the container ship ONE Blue Jay struck the Turkish-flagged product tanker Gunece at Perama (Greece), reports Maritime...
AIDA Cruises To Get Battery Update by Corvus Energy
German cruise line AIDA Cruises has signed an agreement with Corvus Energy to install lithium-ion battery storage systems onboard the company’s vessels, reports Ship...
Weekly Tanker Report – Week 39, 2019
The Baltic Briefing has issued the tanker report for the 39th week of this year. The report dated 27th September 2019 provides a valuable...
Why Shippers Are Driven Towards Water-Cooled Motors?
Electric motors are mission-critical for ship owners and operators.
Their reliability and performance can have a direct impact on the smooth running of...
Evergreen Places Orders for Ten Mega ULCV’s!
The Taiwanese carrier has placed an order for the 10 mega ULCVs which are to be built at South Korean and Chinese yards...
NYK’s Mega Container Ship Strikes Tanker!
According to an article published in Maritime Bulletin, a mega container ship struck a Turkish tanker while proceeding to Greece.
What happened?
On September 26, the...
Bunker Market Scrambles for Extended Credit Lines As IMO 2020 Looms
About $4 billion/month of extra credit will be needed starting 2020 to cover the rise in demand for LSFO.
This rise has resulted...
Study Claims Digital Maritime Spend To Shift Towards Startups
Inmarsat landmark study identifies critical role for maritime startups, reports Splash247.
Digital maritime space opportunities
A new 60-page report issued today looking into maritime startups conducted...
As Poseidon Principles Kick in Ship Lenders Change the Credit System
As investors have started adopting the Poseidon Principles, it's proving difficult for shipowners to understand the new dynamics. Keeping this in mind, the Lloyd's...
Amidst LNG Quality Concerns, DNV GL Declares It Best 2030 Fuel
In a major development, Classification society DNV GL remains convinced that the route to the International Maritime Organization’s (IMO) 2050 carbon targets is via...
