Scrubbers: A Shipping Executive’s View
As there’s no extension to the IMO 2020 Sulphur regulation, shipowners and shipping companies should create a ship implementation plan.
The...
Tanker Report – Week 1, 2019
The tanker report has been compiled highlighting the various highs and lows faced by the tanker market.
VLCC
The increase in 2019 Worldscale flat rates led...
GARD: Amendments to the Rules for the 2019 Policy Year
Changes in terminology and structure as to calculation of calls and clarification of the term 'casualty'.
Rule 56 regarding non-marine personnel has been...
Five Marine Fuels and Propulsion Technology Moves that will Define 2019
Prediction of top five trends in marine fuels and propulsion technologies in 2019
Stressed the need for long-term fuels, vision for zero carbon...
Panama Canal to Restrict Draft to 49 Feet as of February...
On January 7, Due to an unusually low amount of rain in December, the Panama Canal Authority (ACP) announced that the maximum draft for...
Freight Derivative Trade Volumes Up In 2018
According to the figures compiled by the Baltic Exchange the overall volume of the Forward Freight Agreement (FFA) trades increased in 2018, reports Dry...
Ship Finance International Snaps up 19,400 Teu Boxship Pair
Ship Finance International acquired two containerships at the end of 2018.
It is a pair of 2016-built 19,400 teu boxships contracted until late...
Drone Vessel Survey for ClassNK and MOL
ClassNK conducted a demonstration test of a ship class survey using drone technology.
The test successfully proved the drones’ ability to monitor the...
Bulk Report – Week 1 for 2019
The Baltic Briefing's weekly report is out for the first week of 2019. Here's an insight on that report.
Capesize
It was an active start...
MacGregor Acquires Marine and Offshore Businesses of TTS
A press release by JLA has specified that it has acquired clearance from the South Korean competition regulator for the acquisition of the marine and...
Tanker Missing in Java Sea Turns into a Mystery
The search for the missing Indonesian tanker seems to be getting murkier each day as authorities are still not able to locate it.
What happened?
On...
If Scrubber Adds or Removes CO2 Will It Make Emission Monitoring...
The IMO EGCS Guidelines allow the SO2/CO2 ratio to be monitored to ensure that emissions after the exhaust gas cleaning unit correspond to...
First Ship-To-Ship Radio Contact!
The Maritime Radio Club 'Marine Funker Club Austria (MFCA)' commemorates the first ship-to-ship radio contact made between two ships.
What happened?
On 21 December 1898, the maiden ship-to-ship radio...
[Watch] Oil Tanker Explodes in Hong Kong
On January 8, an oil tanker exploded after it caught fire in HongKong killing one while two were reported missing.
What happened?
Vietnam registered oil tanker...
Fallout From Bunker Contamination Cases
Shipowners and ship charterers seen filing lawsuits against bunker traders though marine fuel contamination issues have subsided.
Shipowners going for GCMS tests for...
[Watch] Giant Petrochemical Vessel on a Four-day Move
A petrochemical vessel, called a propylene-propane splitter, the heaviest load to ever hit Alberta’s highways is parked off Highway 14 just east of Highway...
Saudi Customs Integrates With IBM-Maersk Blockchain Shipping Platform
Saudi Customs has integrated its cross border trade platform FASAH with TradeLens.
TradeLens seeks to digitize and streamline processes in the global supply...
BIMCO: Newbuilding Contracts Should Require Use Of Shipdex
Recently, BIMCO announced a new protocol for the newbuilds. BIMCO and MAN Energy Solutions expanded the use of Shipdex in a joint a conference...
China’s Open Loop Scrubbers Ban Impact
After Singapore, China has announced an open loop scrubber whose impact is going to be felt on the maritime industry as it prepares for...
Growing LNG Marketplace to Drive Spot Shipping Rates in 2019
Higher volume of spot LNG trades seen in 2019 than in 2018
LNG fleet growth drops to 6% in 2019 when compared to...