CHINA’S SWS Forms Cruise Ship Design Team
On January 7, China’s Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corp. (CSSC) has officially announced that it has set up...
[Watch] The Engines of the Titanic
This model of the Titanic by Hoe Ishetmogelijk displays the engines and the mechanics of the engines, turbines, and propellers of Titanic. This illustrated how...
Atlantic Supramax Dry Freight Market is in Freefall
On January 9, the Atlantic Supramax dry freight market tumbled with time-charter deals from the US Gulf Coast being finalized at $3,000-4,000/d lower than...
Early Price Assessments Put 0.5% Sulphur Fuel Premium at $40-104
Bunker fuel prices can trigger a scrubber investment upsurge as a Platts report suggests, writes Seatrade Maritime’s Asia Correspondent Lee Hong Liang. According to...
Will VLCCs Lead the Tanker Market to Recovery?
Tanker market has shown improvement in recent times when compared to previous years
The rates are healthier and the Baltic Dry tanker index...
US Maritime Taking a Hit As Shutdown Drags On
Ability to move waterborne freight could shift into crisis mode if the shutdown continues.
31% of the branch’s 41,000 active duty members don’t...
Does New Bunker Certificate Rule Require Any Additional Certificate?
The new bunker certificate rule does NOT require an additional certificate from the suppliers. The main changes to the BDN are as follows.
Currently,...
LNG Ship Orders Likely to Reach 69 in 2019
South Korean shipbuilders have embraced the use of LNG and the orders have been growing
The industry experts believe that ship orders can...
Freightos Baltic Container Report
Transpacific pricing fell through December due to the 90-day truce on latest China trade tariff increase.
But this week a combination of GRI...
A Snapshot Of World News At The End Of The Year
New president aims to end Mexico’s dependence on crude imports to decrease costs.
Qatar announced that it will be leaving OPEC to focus...
Vessel Suffered Severe Damage Due To Ineffective Ship Safety-management
The two ship masters on an Irish Ferries vessel that suffered major damage on its car decks during a storm disagreed over whether they...
Crowley Maritime Launches Second LNG Ship
Jacksonville is up for a surprise with the launch of Crowley's second LNG ship this week, reports David Bauerlein for the Jacksonville.com
What's the frenzy...
Norovirus Outbreak! Oasis of the Seas Returns to Port
As nearly 500 were sickened by a norovirus outbreak on Royal Caribbean International’s Oasis of the Seas, the ship returns to Port Canaveral says...
NTU Singapore First to Test Methanol as Marine Fuel in Asia
The Methanol Institute (MI) is backing a project at Nanyang Technological University (NTU) of Singapore which will be the first evaluation of Methanol as...
Shipping Industry Steers Course to Tackle Emissions
The Yara Birkeland, will be the world’s first electric and autonomous container ship.
New container business on short-sea shipping
Shipping accounts for 2...
Wartsila Awakening Connectivity
Wartsila started 'An Ocean Awakening' connectivity program which brings the systems, the industry and the stakeholders in the same platform.
This digitally connected...
Cargo Ship Runs Aground Near Virginia Beach
On January 10, the U.S. Coast Guard assisted the crew of a bulk carrier ship after it ran aground.
What happened?
The bulk carrier 'JSW Salem'...
IMO Amendments Take Effect Ahead of 2020
IMO regulatory amendments and North Sea and Baltic Sea NOx ECAs entered into force on the first day of 2019
The BDN amendments...
$12 Million Of Losses From Trading Bunker Fuel Derivatives
In 2018 Vistin Pharma set up energy trading unit.
Head of energy trading stepped down on Thursday, 8th January 2019.
Vistin shares dropped...
MR Tanker Arrested Off Singapore
The vessel Atlanta was arrested at 3.50pm on January 2nd, 2019 in Singapore.
It was owned by Coastal Logistics affiliated with Coastal Oil...