Singapore Fuel Inventories Drop Eight-Month Low Ahead of IMO Rules!

Singapore onshore stocks of petroleum products fell to an eight-month low in the week. The prices came in at 38.372 million barrels, down from...

Pirates Take Off With Cash and Shoes From Cargo Ship!

According to an article published in the Jakarta Times, pirates attacked a South Korean-flagged cargo ship in the South China Sea. What happened? On July 22,...

Maersk Successfully Exports Mangoes With Perishable Goods Transfer Tech

Two months after shipment of butter from Bulandshahr, Uttar Pradesh, to Turkey, global integrator of container logistics Maersk completed its first successful shipment of...

Crane Raising To Lift Port Production

North America’s larger ports continue to increase capacity with the dredging and air drafts receiving attention. As bigger post-Panamax boxships begin to arrive,...

Carbon Neutrality by 2050? Is Maersk Betting Too Much?

In a major development, the world's largest container shipping company, Maersk has announced an astonishing goal that vows to send goods (everything from electronics...

Inmarsat To Launch HEO Satellites for GX Coverage in the Arctic

Global Xpress network to be extended, delivering the world’s first and only high-speed mobile broadband capacity for mobility segments in the Arctic region. ...

UK’s Clean Air Strategy Makes Zero-Emission Vessels Mandatory Post 2025

According to the newly launched UK Clean Maritime Plan, all new vessels operating in UK waters from 2025 should be zero-emissions capable, reports Riveira...

Going Dark To Ship Venezuelan Crude, Vessels Change Name?

  Stopping the flow of Venezuelan oil to its ally Cuba might prove harder than the U.S. expected and U.S. continues to target shipments between...

FortisBC Signs Contract To Send Canadian LNG To China

FortisBC has signed a two-year contract to ship 53,000 tonnes per year of supercooled gas by the summer of 2021 to Chinese LNG...

DNV GL Approves GTT Training’s Simulation Model G-Sim

  GTT Training obtains approval from DNV-GL for its new model G-Sim from DNV-GL in accordance with Simulation standards.  The simulator includes the vessel’s...

Eradicating Operational Oil Pollution from Stern Tubes by Thordon Bearings

Thordon Bearings’ COMPAC seawater-lubricated propeller shaft bearing system has won the coveted 2019 Seatrade Award for Clean Shipping, reports Bearingtips.  Eradication of operational oil pollution  The...

Wärtsilä Order Intake Drop By 9% as Scrubber Demand Softens

Wärtsilä Corp downgraded the demand outlook for its marine business as scrubber orders slow. The uncertainty in fuel price that has slowed scrubber...

How Choosing the Right Scrubber’s Specialist Helps?

The IMO 2020 sulphur regulation is less than 6 months away and shipowners are scrambling to install scrubbers or switching to viable fuel alternatives...

Germany Accedes To Hong Kong Convention for Safe Ship Recycling

Germany has become the latest country to accede to the IMO's treaty for safe and environmentally sound ship recycling – the Hong Kong Convention,...

DSME, KMOU, NAPA and AVL Unite To Develop Digital Ships

Daewoo Shipbuilding and Marine Engineering (DSME) has joined forces with Korea Maritime and Ocean University (KMOU) and NAPA and AVL have signed an agreement...

[Watch] Expanded Panama Canal Helps Reduce Emission

Considered the Green Route of world maritime commerce, the Panama Canal will contribute to the efforts of nations around the world, the industry, and...

Tufton Oceanic Buys Boxship for $28.6 Million

Tufton Oceanic has reached an agreement to acquire a container ship for $28.6 million following a close-ended investment. It has a time charter of approximately...

Demand for Next-gen Marine Coatings Driven by Environmental Concern!

Innovation and product development is the key to open new growth opportunities according to Frost & Sullivan. Durable antifouling coatings using higher-priced chemistries such...

Fuel Oil Added To Portfolio by Trader Onyx Ahead of IMO...

Oil trader Onyx has added fuel oil to its portfolio ahead of IMO 2020 rules. The fuel oil trading operation started on July...

Bunkers and Heavy Fuels Inventories Drop To 4-Month Low!

Inventories of bunkers and other heavy distillates have dropped at the port of Fujairah amid an increase in demand. Heavy distillates stood at 8.6 million...