Will Oil Refiners Profit From IMO’s Ban on Dirty Ship Fuel?
IMO's global ship fuel regulations are finally delivering a long-awaited benefit to Asian oil refiners mainly Sinopec and Reliance Industries.
Refiners in China,...
Maersk Focuses on Profitability As It Benefits from Trade Liberalisation
The world’s largest container shipping company AP Moller-Maersk has overcome worries about fallout from the US-China trade war to deliver better than expected profits...
IMO Issues Guidelines on Ship Safety in Polar Waters
IMO's MSC press briefing highlights the polar ship safety issue as more and more ships are going for arctic voyages. A detailed press release...
Asian Oil Refiners Riding High on 2020 Fuel Rules?
According to an article published in World Oil, the imminent overhaul of global ship-fuel regulations is finally delivering a long-awaited benefit to Asian oil...
[Answer] How To Convert Your Liabilities Into Assets With Ship Designing?
Shipping has the capacity to redesign and reimburse their vessels into a more utility driven product. This phenomenon of converting liabilities to assets is...
Weekly Tanker Report – Week 33, 2019
The Baltic Briefing has issued the tanker report for the 33rd week of this year. The report dated 16th August 2019 provides a valuable insight...
36 Bus Long Cargo Ships Arrival in Europe Speaks of Shipping...
According to an article published in Telegraph UK, the World's largest cargo ship has arrived in Europe.
MSC Gülsün
MSC Gülsün, has docked in Europe after...
Agreement Signed for Singapore’s First LNG Dual-fuel Powered Bunker Tanker
Marine Vicky will be fitted with ExxonMobil’s new EMF.5™ Engineered Marine Fuels.
It is also Singapore's first bunker tanker to be powered mainly...
What Happens When A Cruise Ship Is Arrested and Fined Mid...
According to an article published in Maritime-Executive, a cruise ship with passengers onboard was briefly arrested on Baffin Island earlier in August.
What happened?
The arrest...
Panama Canal Gets Fitch Rating ‘A’ for the 4th Consecutive Year
Fitch Ratings for the fourth consecutive year, has affirmed the Panama Canal’s ‘A’ investment grade rating with a stable outlook for its long-term issuer...
Finland’s Neste Unveils IMO 2020 Sulphur Cap Compliant Fuel
Finland-based oil refining firm Neste has introduced a new IMO 2020 compliant marine fuel for shipping companies to meet the upcoming regulations, reports Biofuels...
Indonesia Makes U-Turn, Will Enforce IMO 2020
According to an article published in Reuters, Indonesian officials have confirmed that Indonesian-flagged ships will comply with new low-sulfur fuel rules that start next...
Diamond S Shipping Sells Off Tanker Pair at Unrevealed Price
NYSE-listed Diamond S Shipping is selling two 2008-built medium-range product tankers viz., the Atlantic Aquarius and Atlantic Leo, reports Splash247.
Fleet renewal initiative
The company says...
Freepoint Going The Compliant Fuel Way With Singapore Bunker Supply
Freepoint Commodities Singapore says it will start supplying very low-sulfur fuel oil (VLSFO) in the fourth quarter in the world’s largest bunkering port when...
Panama Canal Transit Hope for US Sanction Ridden Venezuela
The Panama Canal will allow vessels coming from Venezuela to transit the waterway provided they present the necessary paperwork, reports Reuters.
Canal traffic unaffected
The canal...
Idling LNG Tankers Hint at Increasing Inclination Towards Floating Storage
Liquefied natural gas tankers are taking longer-than-usual journeys to deliver cargoes and spending more time idling at sea in a sign some traders are...
10% Transport Growth Target, Shanghai Plans Shipping Incentives
In a major development, Shanghai municipal government has announced that they have plans to promote rail-sea transport to optimise local multi-modal transportation in the...
Hiding Vessels, What We Learnt from the Strait of Hormuz Incident?
In today's time it's nearly impossible to hide ships and vessels. You may jam radio communication but you can't restrict satellite images. The world...
Global HSFO Prices Dip To 2 Year Low Ahead of IMO...
Global HSFO prices hit two-year lows this month as IMO 2020 rule is nearing.
Average IFO380 price across the four major global bunkering...
Double the Ship Recycling Capacity, Follow the Hong Kong Convention
The government plans to nearly double India’s ship-recycling capacity by 2024 to about nine MnGT and is likely to follow the Hong Kong convention...
