What is in Store for HSFO With IMO2020 Approaching?
Fuel oil volumes traded in the Platts Market on Close assessment process for 3.5% FOB Rotterdam barges declined 25% month on month in September,...
[Watch] 1,000 Cruise Ship Passengers Stranded! Forced To Sleep On Basketball...
According to an article published in IBTimes, passengers sailing in a P&O cruise ship had a horrendous time when they got stranded in Monte...
Fujairah Heavy Distillate Falls Amid Tight Supply
Stocks of heavy distillates and residues at Fujairah fell 11% to 10.34 million barrels due to tight supply.
The outflow for Persian Gulf...
Failed Main Engine Pipe Connection Causes Fire Onboard Hazard
According to a case study published by The Shipowner's Club, a potential fire hazard discovered onboard a vessel was found to be caused by...
Total Seals Long-term High-efficiency LNG Charter Deal
Greece’s TMS Cardiff Gas has entered a long-term charter agreement with Total Gas & Power for one of its 11 ‘X Carrier Series’ LNG...
Mitsubishi Expands Scrubber Production Capacity
Yokohama, Japan, based Mitsubishi Shipbuilding Co., Ltd. has increased production capacity for its SOx scrubber system that reduces SOx from exhaust gas of ships,...
MOL Uses AI To Successfully Execute Vessel Allocation Plan
In a major development, TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Juinichiro Ikeda) and its group company MOL Information Systems, Ltd. (President: Tsuyoshi...
Platts Launches Weighted Average Capesize TCE Rate
In a major development, S&P Global Platts has announced that they will start publishing a new daily weighted average Capesize time charter equivalent (TCE)...
IMO’s ‘Empowering Women in Maritime’ Finds Support in Wallenius, As It...
International Maritime Organization (IMO) World Maritime Day was celebrated on 26 September, with the 2019 theme “Empowering Women in the Maritime Community“, says an...
[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...
