Tanker Market Soars After Successful Spot Market Rally

According to an Alibra Shipping article, the geopolitics and market sentiment continued to provide stimulus for the tanker markets in recent weeks and crude...

Greek Ship Denies Spillage Accusation, After Authorities Clear 2000 Tons Sludge

A federal police document seen by Reuters said the tanker, Bouboulina, owned by Greece’s Delta Tankers Ltd, appears to have spilled the crude about...

Platts Releases Scrubber Premium Indexes for Charter Vessels!

S&P Global Platts has started publishing time charter equivalent (TCE) assessments basis 0.5% sulphur bunker fuel for scrubber and non-scrubber dry bulk carriers from...

Platts Unveils Cape T4 Parallel Ship Indices With Huge Spread

Ships with scrubbers can continue to use cheaper 3.5% sulfur high-sulfur fuel oil (HSFO). Platts Cape T4 Index is a weighted average of...

Scorpio Tankers Geared To Face Fuel Restrictions

International Maritime Organisation in 2016 ordered ships to reduce the amount of sulfur in their fuel from 3.5% to 0.5% with a deadline...

Ship Structure Stuck in Niagara Since 1981 Dislodges Due To Storm

According to an article published in NBCDFW, severe weather that battered the Northeast this weekend has appeared to have loosened a massive ship that...

Sustainable Future Transition Process in Place! What More is Needed To...

Industry professionals have called for increased action to ensure maritime sustainability as stricter emissions rules approach, reports Government Europa. Stringent restrictions In 2020 the International Maritime...

Aegean Maritime’s Alleged $300m Sham Detailed in New Lawsuit

A $300 million lawsuit has been filed with the United States District Court for the Southern District of New York against four former directors...

Class NK: Zero Coalition To Promote Decarbonization

Leading Classification Society ClassNK is participating in the “Getting to Zero Coalition”, an international corporate coalition that promotes the de-carbonization of the maritime industry,...

Wärtsilä Retrofit To Reduce Ferry Emissions in Eologically Sensitive Waters

German ferry operator Aktien-Gesellschaft has selected Wartsila’s technology to reduce the environmental impact of ferries that operate in ecologically sensitive waters, reports Ship Technology. LNGPac...

Weekly Maritime Security Report – Week 37, 2019

Protection Vessels International has released the 37th Weekly Maritime Security Report of 2019. The report summarized on 31st October 2019 highlights the various incidents...

Alphaliner: 100 Containerships Offline for Scrubber Retrofits

  Scrubber retrofit activity in the run up to the new 0.50% sulfur cap on marine fuel has now taken 100 containerships out of action,...

PA’s in Western Port of SHENZHEN: Navigating and Manoeuvring a Ship...

According to a report published in Chirp Maritime, pilotage waters in the Western Port of SHENZHEN are very congested with traffic, especially from Black...

Pirates Kidnap 9 Crew Members from Cargo Ship Off Benin

Pirates boarded the MV Bonita at the Cotonou port in Benin and kidnapped nine crewmembers, according to shipping company J.J. Ugland, reports EuroNews. What happened? Nine...

BIMCO Projects Market Balance Deterioration in Its Dry Bulk Shipping Analysis

Rates may have climbed out of the abyss, but challenges remain in place for the autumn, says Peter Sand in his BIMCO Newsletter article...

Standard Club Releases Circular Stating 2020 Policy Renewal & Financial Position

In a letter issued on October 22nd, 2019 the Standard Club made the members aware of the 2020 Policy Renewal, Financial Positions and Open...

MOL Environmental Data Shows How Shipping Is Becoming Climate-friendly!

Demand for proactive disclosure of environmental data is increasing and customers have raised their awareness of the importance of calculating and reducing the environmental...

IMO Stresses on the Need of 85% Emission Reducing Decarbonization Fuels

Ammonia and hydrogen are promising fuels of the future in a decarbonized shipping industry, the IMO said, noting that zero-carbon fuels are essential to...

‘2020 Credit Gap, No Incentive LSFO’ Loom As Bunker Supply Chain...

According to Senior Industry Executives, with IMO2020 just over two months away, fuel supply networks are already being stretched by preparations for the switchover...

MSC Gets Approval To Buy 49% Messina Stake

According to a recent Ship Technology article, Swiss shipping firm Mediterranean Shipping Company (MSC) has secured approval from the Italian Competition Authority (AGCM) to...