Emissions Monitoring Technology Passes Tanker Test
Nordic Tankers, Dania Ship Management and Danfoss IXA recently joined forces to test monitoring emissions technology says an article in TankerOperator.
Partners test Sensor technology
The...
Weekly Maritime Security Report
The weekly maritime security report highlighting the various events that occurred over the week in the shipping industry has been compiled.
Pirates attack merchant...
LSFO Demand to Displace HSFO in Asia Ahead of IMO 2020
Change expected in Asian fuel oil market. From Q3 of 2019, HSFO demand would drop and vessel’s with scrubbers would still go in...
Alliances May Breakup in the Long-term
Vessel cascading has been an ever-present feature of container shipping since liner executives first understood the benefits of economies of scale and began the...
LNG Bunker Vessel Docks in Klaipeda, the LNG Reloading Station
LNG bunker vessel Kairos has docked in the port of Klaipeda after being anchored off Lithuania.
It will be operated by a joint...
Logistical Stresses Ease; Gasoline and IMO 2020 in Focus
The physical crack of FOB ARA ULSD barges versus Dated Brent hit a six-year high of $24.46/b mid-November 2018.
In a longer-term outlook,...
Spain’s Valencia Port Taps Hydrogen To Power Cargo Operations
Spain's Valencia Port has gained the recognition of being the first port in Europe to tap hydrogen for running its cargo operations.
Pilot program launched
The...
Markets – Rates Softening
In the past of couple weeks, market rates have softened despite the holiday period. This has raised a question on the ships having been...
GE Shipping Gained 22% from Tanker Rate Rise
Tracking the rebound in the tanker shipping rates, shares of Great Eastern Shipping Co. Ltd (GE Shipping) have gained as much as 22% from...
[Watch] World’s First Fully Autonomous Ferry
On 3 December 2018, Rolls-Royce and Finnish state-owned ferry operator Finferries, successfully demonstrated the world’s first fully autonomous ferry in the archipelago south of...
Rope Failure Causes Injury During Loading Operation
What happened?
On July 8, 2015, at 0857 local time, the bulk carrier Asia Zircon II was offloading a cargo of wind turbine towers in...
Samsung Heavy Lands $189 Million LNG Carrier Deal
On 31 December 2018, Samsung Heavy Industries clinched a $189 million deal to build a Liquefied Natural Gas carrier.
$189 million contract
The company has clinched the deal...
NYK’s First Methanol-Fueled Chemical Tanker Using Green Loan
Japanese shipping giant NYK will receive 2 billion yen from Taiyo Life Insurance Company as a green loan to exclusively finance the building of...
Sulphur Cap to Have ‘Crucial Bearing’ on Shipping: MOL Chief
MOL chief conveyed that 2020 regulation is expected to have a crucial bearing on the success
The move is expected raises the major cost and...
Bunker Industry Welcomes MSC Move on Fuel Safety
The International Bunker Industry Association decided to support fuel safety concerns at the 100th session of MSC in early December 2018.
A proposal...
Platts’ New 0.5% Marine Fuel Price Assessment Hits $366.18/mt in Singapore
S&P Global Platts has pegged 0.5% sulfur marine fuel delivered in Singapore at US$366.18/tonne.
The price is based on the notional bids, offers...
Carnival Unveils the World’s First Cruise Ship with a Roller Coaster
In what came as a huge surprise to cruisers and thrill-seekers, there's a cruise ship with a Roller Coaster in it, writes Emma Featherstone...
Environmental Crisis! Toxic Peroxide Found on Dutch Beach
Toxic Peroxide Found on Dutch Beach After Cargo Ship Loses 277 Containers says The New York Times.
Authorities deployed to attend
The Dutch authorities were struggling...
Ship Shortage Threatens Asian LNG Market Growth
Shortage of supply vessels threaten LNG market in Asia
High charter rates have been attributed to a surge in gas demand from China
...
LNG to be a Major Source of Marine Fuel for the...
United States is increasingly dependent on LNG as a major viable fuel source
Shell Global, Q-LNG, VT Halter Marine and Wärtsilä began working...
