July End Baltic Index Dips As Panamax Rates Slide
According to an article published in MarineLink, the Baltic Exchange's main sea freight index fell to a more than two-week low.
Weaker rates for Panamax...
Chinese Demand for Angolan Oil Revives Ahead of IMO 2020
Angolan oil sales are bouncing back from a dull summer as Asian refining margins have recovered and demand is rising ahead of IMO 2020...
Dubai Occupies Fifth Position in Key Shipping Index
Singapore tops the list for 2019, with Hong Kong second and London third and Shanghai fourth.
Dubai came in the fifth position in...
Scrubbers and HSFO Help Reduce CO2 Levels
A new study by Norwegian researcher confirmed scrubber usage while burning residual fuel continuously would help reduce global CO2 levels, reports Marine Engineers Messenger.
Clean...
Zero-Emission Battery-Powered Ship To Be Unveiled in 2021!
Asahi Tanker Co., Exeno Yamamizu Corp., Mitsui O.S.K. Lines Ltd., and Mitsubishi Corp have teamed up to build the world’s first zero-emission tanker.
...
IMO 2020: Checking Scrubber Compliance!
A lot of the uncertainties have concerned the availability, cost and the characteristics of compliant fuels.
Non-compliance usual methods include vessel detention with...
400m Panama Flagged Ship – Largest Containership To Transit Suez Canal?
The world's largest container ship, transited the Suez Canal for the first time from the Port of Xingang to North Western Europe.
The...
Weekly Bulk Report – Week 32, 2019
The Baltic Briefing has released a report about the dry bulk market of the 32nd week of shipping activities of this year. The report...
K Line Introduces LNG-Fuelled ‘Wozmax’
K Line and Namura Shipbuilding have upgraded a version of the ore carrier Wozmax to LNG-fuelled.
The new concept design of the LNG-powered...
BP Marine Adds a Dedicated Bunkering Barge To Global Bunker Network
BP Marine says it is adding the Spanish port of Valencia to its supply locations for IMO2020 compliant bunkers, reports Ship & Bunker.
Castellon Refinery
The...
Hapag-Lloyd Pretty Strong in 2019 First Half
Hapag-Lloyd produced a net profit of $56m in the second quarter, resulting in a half-year result of $165m, a turnaround from the $122m loss...
North Europe Shippers Face New Capacity Crunch, as More Loops are...
In a major development, CMA CGM has announced that they have advised their customers that they will void their North Europe to Asia FAL...
Watch How Robots Can Take Revenge?
What happens when a robot gets sick and tired of being kicked, pushed, and forced to work under extreme conditions in the name of...
Ship on Fire! Heavy Fines Awaits Misdeclared Dangerous Goods
Carriers have announced they would impose heavy fines on misdeclared dangerous goods. Just days after this announcement, fire has swept through several containers aboard...
Japanese ClassNK Goes for Fuel Methanation To Meet IMO Targets
Japanese Classification Society ClassNK is participating in the “Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels” established by the CCR (Carbon Capture...
Double Scoop for Wallenius Wilhelmsen
Wallenius Wilhelmsen has been conferred with a second automotive industry award.
The award was for their involvement in the SRTI focusing ship recycling.
...
The Right Questions Ahead of IMO 2020
Shipowners should challenge fuel suppliers and reinforce their own fuel-management practices to safeguard sulphur compliance, reports Riviera Maritime Media.
What am I putting into my...
Asia-Europe Rates on Rise As IMO Launches New Tariff Rates!
SCFI recorded a 6.9% uptick for Asia-North Europe spot rates to $806 per TEU, however, rates still remain around 18% below the level...
Weekly Maritime Security Report – Week 29, 2019
Protection Vessels International has released the 29th Weekly Maritime Security Report of 2019. The report summarized on 7th August 2019 highlights the various incidents...
IMO 2020: A New Opportunity for China’s Bunker Fuel Sector
Chinese ports handle nearly a third of global container traffic and have the largest merchant fleet in the world in terms of the...
