Monthly Panamax Technical Report
Technically the index remains in a trending environment with resistance starting at USD 17,588.
The RSI is overbought at 90, however again...
International Maritime Organization Standards Puts a Hike in Diesel Prices
International Maritime Organization (IMO) 2020 standard states that marine fuels containing no more than 0.5% sulfur by weight are to be used to...
Weekly Bulk Report – Week 29, 2019
The Baltic Briefing has released a report about the dry bulk market of the 29th week of shipping activities of this year. The report...
“TOYOTA MARU No.10” Operated by “K” LINE Awarded “Ship Heritage” Recognition
TOYOTA MARU No.10 has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in...
Oil Spikes After API Reports Largest Crude Inventory Draw of the...
Crude oil inventory draw 10.961 million barrels for the week ending July 18, compared to expectations of smaller but significant 4.011-million barrel draw.
...
Middle East Tension Continues To Drive Oil Price Sentiment
According to a Freight Investor Services article, crude saw a late drop in prices last night after the U.S. Secretary of State dropped some...
Investment Risks Looms Big on Oil Tankers, As Climate Actions Becomes...
According to analysts, a strong action on climate change would shrink demand for vessels by a third, impacting investment decisions being made now, says...
Fujairah Says ‘Flexible Approach’ Essential for IMO 2020
The Middle East marine bunkering hub of Fujairah said a "flexible approach" will be required in the run-up to the International Maritime Organization's new...
IMO’s Just-In-Time Ship Operations Reduces Ship Idling Time by 23%
A desktop trial in Just-In-Time ship operations has yielded positive results, showing emissions can be cut considerably, says an article published in the Maritime...
IMO 2020 Starts To Jolt Oil Market
Price of low-sulfur, heavier oils that refineries make and then reprocess into transport fuels like gasoline and diesel has jumped in Europe.
Market...
Rotterdam Port Shows How IMO 2020 Sulphur Can Be Done
According to a podcast published in the OPIS Blog, the Rotterdam Port Advisor has provided invaluable guidance on a viable IMO 2020 sulphur regulation...
[Answer] How Are Underwater Bow Thruster Operations Performed?
An article published in Maritime Technology explains the operation of underwater bow thruster in Oslo.
About the Incident
A team of Hydrex diver/technicians were mobilized to...
Faulty Bow Thruster in Bro Anna Hinders the Voyage
As per the investigation carried out by the Transportation Safety Board of Canada (TSB), the local circuit breaker trip of Bro Anna's bow thruster...
Damen Shipyards Group Opts for Wärtsilä’s Propulsion Solution
The Netherlands’ based shipbuilding company Damen Shipyards Group has selected the technology group Wärtsilä to provide the main propulsion solutions for a large...
Artificial Intelligence Promises Safer Ship Navigation
AI is adopted for e-navigation to reduce the administrative burden on bridge teams, enabling officers to increase their focus on safe navigation.
Wärtsilä...
Weekly Tanker report – Week 29, 2019
The Baltic Briefing has issued the tanker report for the 29th week of this year. The report dated 19th July 2019 provides a valuable...
Baltic Index Hits Five and Half Year High!
According to an article published in Reuters, the Baltic Exchange’s main sea freight index rose to its highest since December 2013.
Demand for vessels shipping...
European Fuel Oil Market Strengthens Ahead of IMO 2020
For Q3 reports, the high sulfur fuel oil market was relatively strong overcoming slack buying demand from Asia.
Singapore focused on running down existing...
Next-Generation Energy-Saving Bulker Built for NYK
NYK has committed to building a next-generation energy-saving bulk carrier for Japan Marine United Corporation.
The ship is expected to transport raw materials for JFE...
Scorpio Bulkers Cruises To 2019 High
Scorpio Bulkers (NYSE:SALT) rallies 7.62% after posting a narrower-than-anticipated loss in Q2 amid a 19% decline in revenue, says an article published in the...
