Crew Can Say No To Hormuz Route
Warlike Operations Area Committee says waterway high-risk.
Seafarers transiting area may receive double pay under accord.
The crews of some ships transiting the Strait...
IMO: Latest Ratifications To Two Important Treaties
According to an article published in Sea News, Germany is the latest country to accede to IMO’s treaty for safe and environmentally-sound ship recycling –...
Weakening Global Refining Demand May Offset Strong Margins for Cleaner Fuel
According to a Platts report, Refiners and analysts see stronger refining margins resulting from the International Maritime Organization's impending requirement that ships use lower-sulfur...
Refining Margins Rebounding As IMO Nears?
In a recent development, South Korean refiner SK Innovation has raised its forecast for profit margins on distillates in this year's second half, as...
GC Rieber Inks Ship Management Agreement With Nexans
GC Rieber Shipping (RISH) has agreed with Nexans Skagerrak AS, to enter into a ship management agreement for the cable laying vessel, says an...
Focus on Shaft Line Solutions Along With BWMS Upgrades
The legislation surrounding ballast water management systems is one of the current themes within the maritime industry, says an article published in Riviera Maritime...
November 1, IMO 2020 Transition Date, Says Singapore
November 1 is set as the “Transition Date” to the lower sulfur IMO grade fuel for Shipping companies, says an article published in Ship...
Safety Management Implementation Failure Causes Grounding of Vessel
On October 13, 2016, at 0108 local time, the articulated tug and barge (ATB) Nathan E Stewart/ DBL 55 ran aground on Edge Reef...
Castor Maritime Inc. Acquires It’s Second Dry Bulker
Castor Maritime Inc. entered into an agreement to purchase a 2001 Korean built Panamax dry bulk carrier from an unaffiliated third party.
Addition...
Double Acting LNG Vessel To Run Through the Northern Route
The ARC7 ice-breaking LNG carrier Nikolay Urvantsev is specially designed to operate on the Northern Route to Russia’s Yamal LNG project above the...
The Likely Implications of New IMO Standards on US Diesel
IMO regulations was widely expected to cause a sharp increase in demand for ultra-low sulphur fuels to be blended into marine fuels in...
Panama Canal Drought Places Restrictions on Ship Cargo
As Central America is facing the worst drought scenario, the canal is forced to place restrictions on the number of cargo ships can...
Weekly Tanker Report – Week 31, 2019
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 2nd August 2019 provides a valuable...
APAC LNG Marine Engine Market Keen To Generate Lucrative Gains by...
Commercial LNG marine engine market size is expected to grow due to demand for the container, tanker vessels, gas & bulk carriers with...
Britain Unveils Post-Brexit For Creation of 10 Free Ports
According to an article published in BBC News, the European government is planning to create up to 10 free ports across the UK after...
12,000 TEU Capacity New Container Depot by ONE at the Rotterdam...
In a major development, Japanese container line joint venture Ocean Network Express (ONE) has announced that they have opened a dedicated container depot in...
MSC Takes Note of Ship Security Problems in It’s 101st Session
In MSC's 101st session several topics were discussed including the security risk posed by pircay and armed robbery in ships. Based on latest piracy...
Maersk Advances PBF Logistics Clean Bunker Fuel Supply Deal by Two...
According to a Platts article, PBF Logistics' agreement to supply shipper A.P. Moller-Maersk with low sulfur bunker fuel will start in October, a company...
Shipowners With Scrubbers Likely To Be Outplayed by Oil Refiners As...
Shipowners are installing scrubbers as mini oil refineries to desulfurize higher sulfur bunker fuel. This is a bet they can beat oil refiners at...
[Answer] What Are the Legal Implications of a Mega Boxship Casualty?
As we approach towards the post IMO 2020 sulphur regulation there are certain legal implications that we would be aware of. Cargo claims and...