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...
Navis Loading Computers Installed in 20 Container Vessel Newbuildings
Twenty newly built container vessels in the size ranging from feeder segment 2,300 TEU to 15,100 TEU have been selected to be equipped...
‘Claim for Hire’ Dismissed for a Vessel Seized by Pirates
The Commercial Court dismissed a 'claim for hire' for the period that the vessel 'Eleni P' was seized and detained by Somali pirates...
Keppel Bags $96m LNG-ready Dredger and FPSO Upgrade Contract
Subsidiaries of Singapore’s Keppel Offshore & Marine (Keppel O&M) have clinched contracts worth approximately SGD130m ($95.7m) for a newbuild LNG-ready dredger and the...
DM Shipping Sells MR Tanker
d’Amico International Shipping (DIS), an international marine transportation company operating in the product tanker market and its joint venture partner Mitsubishi Group recently signed...
MacGregor’s Environment-friendly Delivery Modem To Upgrade Cargo System in MSC Vessels
In a recent development, Cargotec`s MacGregor has announced that they have signed a contract with MSC Mediterranean Shipping Company and Guangzhou Wenchong Dockyard have...
Avoid Private Armed Teams in Ships
Shipping companies sailing through the Middle East Gulf are being urged to avoid having private armed security guards onboard as the risk of escalation...
JGC Bags 1st Deal for LNG Plant
Japanese engineering company JGC Corp., announced that it has won in Oman its first contract for the basic design of a liquefied natural gas...
IMO Bringing Industry and Academia Together To Address Biofouling Issues
In a major development, the IMO-GloFouling R&D Forum has announced that they will bring together regulatory bodies, stakeholders and representatives from shipping and other...
Trade Sources Say War Risk Premiums Driving Singapore and Asia Fuel...
According to a Reuters report, shippers are trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are...
Scrubbers With HFO Better Solution Than Compliant Fuel
According to scrubber manufacturer Yara Marine Technologies CEO Peter Strandberg, “business is fantastic” at the moment given the rush ahead of IMO 2020. But...
Alfa Laval Shares Down 6% As Scrubbers Demand Loses Shine
Q2 order intake down 20% at 10 bln SEK
Alfa Laval sees somewhat higher Q3 group demand than Q2
12% miss on orders...
[Part3] A List of Interesting Papers from the 29th CIMAC Congress
The CIMAC congress had a very interesting discussion on a range of issues shipping industry is currently sailing through. Viswa Group in a 4...
Weekly Maritime Security Report – Week 26, 2019
Protection Vessels International has released the 26th Weekly Maritime Security Report of 2019. The report summarized on 16th July 2019 highlights the various incidents...
Epic Gas Acquires Four LPG Carriers
Epic Gas announced its acquisition of two of the four ships that it previously referenced in April 2019.
They are modern second-hand 11,000cbm Japanese-built...
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...
