IMO 2020: Mcquilling Services Mid-Year Tanker Market Outlook
The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades.
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Oil Industry’s Explores Solutions To Tackle Sulfur Problems
Apart from CO2 emissions, critics are concerned about the sulfur oxides that come from burning high-sulfur fuel by ships.
One gallon of high-sulfur...
Banks As Financiers Are Evolving Apace With Shipping Going Green
As the International Maritime Organisation impose regulations on harmful gas emissions from ships, banks as the industry's financiers are evolving alongside, reports Arabian Business.
Global...
Australian State Speeds Up Second LNG Import Terminal Review
The New South Wales government of Australia has announced that it would set the review of a liquefied natural gas (LNG) import terminal located...
Amidst Pollution Concerns Coast Guard Informs Capsized Cargo Ship Hasn’t Leaked
The US Coast Guard thinks the environmental impact from the ship is limited so far, Cdr. Norm Witt, reports CNN.
No major release
"We don't have...
IMO 2020 and Its Effect on Midstream
New IMO regulations imposing stricter sulfur limits on the shipping industry have broad implications for energy, including midstream.
Demand for crude and refined...
Weekly Bulk Report – Week 36, 2019
The Baltic Briefing has released a report about the dry bulk market of the 36th week of shipping activities of this year. The report...
Wärtsilä Solutions To Help Hurtigruten Go Greener
World’s largest expedition cruise operator Hurtigruten is planning to go much greener using Wärtsilä technology.
It plans to convert three more vessels to...
Gazprom and KOGAS Eye Close Knit LNG Cooperation
According to an article published in LNG World News, Russian giant Gazprom and South Korea’s KOGAS have voiced readiness to expand their cooperation in...
Advent of IMO Tier III Tug Newbuilding on the Horizon!
According to an article published in Riviera Maritime Media, the tide has turned for IMO Tier III tugs as owners around the world prepare...
Thriving LNG Bunkering, Oil Storage and Refining at Fujairah
Insight presents a series of articles exploring aspects of the global trade in crude oil and refined products. In the final instalment, Dania EL...
Maersk’s New Decommissioning Business Lands First Gig
Maersk Decom, together with Maersk Supply Service, is project managing the removal, recycling and waste management.
Perenco has booked the company to remove...
Legal Perspective On Environmental Regulations
Ganado Advocates of Malta give a glimpse into the 2020 Sulphur Regulations and the Ship Recycling EU Regulation, reports Mondaq.
Global Sulphur Limit of 2020
Pursuant...
ABB Takes a Leap in Fuel Efficiency With Launch of New...
ABB enters new market segment with order to install Azipod® electric propulsion on board two dry bulk carriers from Germany’s largest bulk carrier company...
HSFO Still in Business Even With Shippers Adopting Cleaner Fuels
Asia’s spot premium for 380-centistoke (cst) high-sulfur fuel oil (HSFO) is expected to ease gradually from its recent record highs as shippers adopt cleaner...
As Cargo Ship Fires Turn Deadly Cargo Verification Becomes Essential
With containerships now reaching the 24,000 teu mark, fighting fires onboard has become an almost impossible task. The onus now needs to be on...
MacGregor’s Innovative Ways Made the World’s Largest Cargo System Possible for...
In a major development, MacGregor which is part of Cargotec, has announced that they have designed the cargo system for the world’s largest container...
Total Renews VLSFO Commitment To Maintain Clients’ Customized Solutions
In a major development, Total has announced that they want to maintain ‘flexibility’ either sourcing directly from its refineries or blending heavy fuel oil...
Cheap Gasoil Has an Edge Over Expensive VLSFO Ahead of 2020...
According to a Reuters report, when new global rules limiting the amount of sulfur in shipping fuels were announced, marine gasoil (MGO), a type...
[FAQ] Guidelines for Monitoring Fuel Characteristics & Properties
In a recent joint industry guidance issued by shippers, refiners and suppliers alongwith key major industry forums such as the CIMAC, a detailed report...