Vessel Attacks Results in Oil Tankers Dodging Top Mideast Refueling Hub
Higher insurance premiums and risk keeping some tankers away.
Oil trading volumes at port have slumped since 2017 Qatar spat.
Attacks on oil...
U.S Coast Guard Issues Alert Post a Cyberattack of a Vessel...
The U.S. Coast Guard issued an official warning to vessel owners that cyber security at sea needs urgent updating.
This led to an...
Europe Welcomes Chinese Investment, Despite US Concerns!
The United States is increasingly worried about Europe welcoming Chinese investments for increasing its port infrastructure.
China’s Cosco Shipping Ports and Qingdao Port...
Weekly Tanker Report – Week 27, 2019
The Baltic Briefing has issued the tanker report for the 27th week of this year. The report dated 5th July 2019 provides a valuable insight into...
US Knocks Cheniere Over Response To LNG Storage Tanks Mishap Agreement
The United States regulators have warned Cheniere Energy that they have withheld two LNG storage tanks at its Louisiana export terminal due to a gas...
Maritime Safety Committee (MSC) – Session 101
MSC has made amendments on a working group on Maritime Autonomous Surface Ships (MASS).
It also discussed a working group on goal-based new...
Ship Finance International’s Investor Capital Not Great?
Today we are going to look at Ship Finance International Limited (NYSE:SFL) to see whether it might be an attractive investment prospect. To be...
Wärtsilä Empowered Joint Project Produces IMO 2030 Compliant Carrier
In a major development, the technology group Wärtsilä has announced that the Japanese shipbuilder Oshima Shipbuilding, and the classification society DNV GL have delivered...
Grindrod Shipping Seals Transaction With a Japanese Ship Owner
Nasdaq-listed Grindrod Shipping has sealed a sale and leaseback transaction with a Japanese ship owner.
The transaction is for 2010-built 33,100 dwt handysize...
2019 List of Flags and Recognized Organizations Came Into Effect This...
It was decided in the 52nd meeting of Paris MoU Committee last year that the 2018 inspection results warrant the adoption of new performance...
Current Futures Prices and Refiner Processing Options
IMO 2020-compliant marine fuel purchase for vessels without scrubbers will start in the next three months, VLSFO being the primary IMO 2020 compliant...
[Watch] Mammoth Cruise Ship Almost Crashes into Venice Port
A terrifying footage has captured the moment a giant cruise liner lost control in strong winds and almost crashed into a Venice port, says...
Royal Caribbean Gets Third LNG Cruise Ship by Meyer Turku
Meyer Turku Shipyard seals a deal for its third Icon class cruise ship for Royal Caribbean Cruises.
Construction of the 200,000 gross tonnage...
‘Peak Season’ Witnesses Haphazard Spot Rates and Container Carriers
Asia-Europe ocean carriers fail to push up container spot rates as they head into the peak season, with a slippage for rates.
The...
Wartsila-COSCO Tie Up To Strengthen Scrubbers Market in China
In a major development, the technology group Wärtsilä has announced that they have signed a Memorandum of Understanding (MoU) with COSCO Shipping Heavy Industry...
Maersk Supply Service Renews Fleet Xpress Contract
MSS has signed a three-year contract extension with Inmarsat for its new dedicated bandwidth service Fleet Xpress.
Advocates digital solutions to optimize vessel...
Baltic Index Breaks Its 16 Session Winning Streak
The Baltic Exchange’s main sea freight index took a break on Monday after rising for 16 straight sessions, as rates for capesize vessels fell...
MOL-JERA New LNG Carrier Named Sohshu Maru
Mitsui O.S.K. Lines, Ltd. (MOL) named the newbuilding LNG carrier Sohshu Maru ordered by Trans Pacific Shipping 8 Ltd., a joint venture between MOL...
Marine Scrubber Systems Market To Increase 20.4% CAGR by 2028
Marine Scrubbers have become the potential option in the post IMO 2020 world but their washwater are a concern.
The washwater needs to...
Cosco PetroChina Shipping Lines Up Product Tanker Quartet
According to an article published in Splash, Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping,...
