Carriage Ban Critical for 2020 Success
Trident Alliance Chair, Roger Strevens in a news article, says that Adoption of IMO’s ‘Carriage ban’ on non-compliant fuel without delay is critical to...
Maersk Oil Trading Hires Asia Storage Before 2020
The World's top ship fuel buyers, Maersk Oil Trading has hired an oil storage facility in Singapore to provide fuel to customers in Asia...
Market Consolidation in Container Shipping: What Next?
Mergers, acquisitions, expansions, reshuffling of shipping alliances - these are the things that's plaguing the global container shipping industry over the past two years....
Keels Laid for Europe’s Biggest Butane Tankers
Work has begun on Europe’s two largest-ever butane river tankers, at the VEKA shipyard at Lemmer (Netherlands). Each vessel is around three times the...
Chelsea Buying 6 More Vessels for $100m in 3 Years
A recent news article says, Chelsea Logistics Holdings Corp. will acquire six additional vessels for $100 million over the next two to three years.
Unserved...
Hurricane Condition WHISKEY Retained
Hurricane Condition WHISKEY remained in effect in the ports of Fernandina and Jacksonville.
The latest National Hurricane Center forecast predicted the Hurricane Michael's...
US Paraxylene to be Transshipped Via South Korea to India
Paraxylene cargo from USA is headed towards India instead of China.
The new import tariff plan in China has caused this shift.
The...
Star Bulk Pioneers Green Loan to Retrofit 50 Scrubbers
The Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes has announced its entry into a $310...
Stop Skipping Waste Deliveries! Polluter Pays Say European Parliament
The Transport Committee of the European Parliament adopted today the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur...
[Watch] Fuel Spill After Two Cargo Ships Collide in Mediterranean Sea
Two cargo ships collided in the Mediterranean Sea, north of Corsica, France. One ship pierced a hole in the hull of the other which...
[Watch] Cruise Ship Being Battered by Rough Waters
Passengers on board the Royal Caribbean's Empress of the Seas ship filmed the destructive force of Hurricane Michael on Monday night.
Footage showed the cruise...
Shipping Industry Stares Down New Fuel Restrictions
The shipping industry comprises of multitudes of cargo ships, tankers, container ships, and cruise liners that belch noxious sulfuric gases and fine particles that...
ENSCO & Rowan Merge to Make $8.38 bn MODU Fleet
The firms ENSCO and Rowan have completed a merger to develop a total fleet valuing worth USD 8.4 Billion.
Ensco claims top spot
This acquisition makes Ensco...
Value of Vessels Predicted with Tankers Favoured as an Investment
The online site, VesselsValue has released its analysis of worthwhile investments in the tanker market which provides promising overall investment.
As most large crude tankers...
It’s a Pressure-vacuum Valve (P/V Valve)
A valve which keeps the tank over pressure or under pressure within approved, limits. P/V valve provides for the flow of the small volumes...
Japanese Shipbuilding Orders Double
Japan Ship Exporters Association data released recently showed, Japanese shipbuilders first year-on-year rise since May. They received export orders for a total 1.53 million...
Baltic Dry Index is Down to 1,530 Points
On 8 October 2018, the Baltic Dry Index fell to 1,530 points, down 6 points (-0.39%) versus the level of October 5.
BDI is a...
Ships Sold for Scrap October 2018
Alang
Alsadd Imo 8405050 Loa 56x22m Built 1984 Ahts....Beached 1/10/18
SKS Torrens Imo 9161273 Loa 243x42m Built 1999 Obo Carrier #
Levant Suez Imo...
Bulk Report – Week 40
Capesize
Despite a week of Asian holidays, it was a surprising start to the week, with rates moving in some key areas, although some moves...
Engineers Working Behind the Scenes on Cargo Vessels from China to...
The maritime sea lane between China to Europe is considered as the 'Golden Route' as the trade volume between the countries keeps the route...
