Cosco Shipping’s Mega Boxship Damaged in Collision

China Cosco Shipping mega-boxship CSCL Jupiter has suffered damage in a collision in Cai Mep, Vietnam, reports Seatrade Maritime News. What happened? According to China Cosco...

Harbour Mobile Crane Gutted in Fire at Port

A harbour mobile crane engulfed in fire on Monday evening while loading cargo to vessel at WQ-1 berth at inner harbour of Visakhapatnam Port,...

Australian Heavy Sweet Crude Premium Dips from Record High

Demand for the oil used in fuel oil blending has slowed, causing spot premium for Australian Van Gogh crude oil for loading in...

Weekly Tanker Report – Week 34, 2019

The Baltic Briefing has issued the tanker report for the 34th week of this year. The report dated 23rd August 2019 provides a valuable...

IMO Regulations: How Well the Distillate Margins Can Do Under Pressure?

Distillate consumption expected to rise substantially from the start of next year as a result of new marine pollution rules introduced by IMO. ...

What Led Hokuriku To Seek Out for Increased LNG Cargo Delivery?

Japan’s Hokuriku Electric is seeking a liquefied natural gas (LNG) cargo for delivery in November as the company's LNG consumption rose in 2018. ...

Argus Launches World’s First Listed Delivered Bunker Fuel Derivatives Contract

The CME-listed contract will be the world's first listed delivered bunker fuel derivatives contract. Argus plans to introduce CME-listed LSFO and MGO marine...

Drybulk Moving Towards Supply and Demand Rebalancing

The Clarksons brokerage’s research team says that vessels taken offline for scrubber installations should reduce fleet growth by 1% on average through this...

Ship Traffic Report

The SF Gate has released the details of the ships that are due to arrive and depart in various ports located all over the...

BP Publishes MSPA Template To Standardise LNG Industry

Gas major BP has published its MSPA templates to contribute to the broader discussion around standardization and liquidity for LNG transactions. An MSPA...

LiqTech Bags $8.4 Million Order for Closed-Loop Scrubber Filtration Systems

Due to high demand and ban on open-loop scrubbers, the demand for closed-loop scrubbers has risen considerably. LiqTech International has won a large...

Drewry Forecasts 973m TEU Global Container Port Volumes by 2023

According to the latest analysis by Drewry, Global container port demand is forecast to rise for the next five years with box throughput reaching...

Trafigura’s Strategy Rips Major Gains As Frontline Buys 10 Suezmax

Trafigura's Infrastructure assets investment strategy received a major boost as Frontline made a $547 million deal for its Seuzmax The company will also...

35th Annual Asia Pacific Petroleum Conference To Discuss IMO Regulations &...

According to a Platts report, the 35th Annual Asia Pacific Petroleum Conference ( APPEC) is scheduled to be held in Singapore this year. What is...

Free Falling Fuel Margins Take A Toll Asian Refiners’ Profit

Asian refining margin halved since mid-July peak Singapore is down to $4.31a barrel from $7.39 a barrel Margins expected to recover as IMO...

Ship Finance (SFL) Surpasses Q2 Earnings Estimates

Ship Finance (SFL) came out with quarterly earnings of $0.24 per share, representing an earnings surprise of 26.32%, reports Yahoo Finance.  Zacks Consensus Estimate surpassed Ship...

Watch Kitten Quacks As It Struggles To Meow

It is common for different breeds of the same species to mate. I mean people have dogs of different breeds mate all the time....

Chairmen Revealed for Motorship Propulsion & Future Fuels 2019

Two of the world’s largest shipping associations, BIMCO and the German Shipowners’ Association (VDR), are to chair the Motorship Propulsion & Future Fuels 2019...

Maritime Cyber Security Demands a Different Approach

The lack of maritime-specific cybersecurity solutions, makes way for vessels to be susceptible to digitally-led hijackings or even ransomware, that can wreak havoc on...

Singapore HSFO/Marine 0.5% Fuel Oil Price Spread Widens To New High

Singapore high sulfur and Marine 0.5% sulfur fuel oil price spread widened to fresh highs ahead of IMO 2020. The October, November and...