Scrubbers for Wilhelmsens’ 20 Vessels for $140 Million
The implementation of the IMO 2020 0.5% global sulphur cap represents a challenge and risk for the shipping industry, with fuel costs expected to...
It’s a Chock
A guide for a mooring line, or steel towing wire which enables the line to pass through a ship bulwark or other barrier.
Double chock...
Shipping Markets in Chaos Over Trade War
There is much talk in the grain and shipping sectors about how new technology is creating up-start “disruptors” eager to secure their own piece...
Baltic Dry Index is Down to 1,732 Points
On 7 August 2018, the Baltic Dry Index fell to 1,732 points, down 41 points (-2.31%) versus the level of August 6, says a...
Shipping Industry Urges UK Government to Extend Brexit Talks
Maritime UK urges for the extension of the Brexit Negotiations.
Shipping Industry might be adversely affected in case of a no deal...
German Box Fleet Value Set to Soar by US$5Bn
The value of ships owned by German companies is set to increase by over US$5Bn, over the next 2 years, says VesselsValue.
Varied portfolio
Its analyst...
Scrubbers to Dozens of Vessels in TMS Fleet
This publication has received an unconfirmed report that TMS Group is expanding an existing deal to fit scrubbers to dozens of vessels in the...
Cargo Vessel Collision Near Dungeness
On August 8, two people were rescued after a 2,000-ton cargo vessel and a yacht collided in the English Channel.
What happened?
A mayday call was...
[Watch] Cargo Vessel Runs Aground in Palawan
On August 6, a cargo vessel ran aground off the coast in Dumaran, Palawan due to strong winds and big waves.
What happened?
The tourist vessel...
How the New Fuel Regulations Change the Entire Shipping Industry
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. International Maritime Organisation (IMO) have taken...
[Watch] Greece Charts a Fresh Course
Greece controls almost over a quarter of the global crude oil tanker fleet.
15% of the chemical product tanker fleet is owned by...
Scrubber Surge ‘Insufficient’ to Handle Post-2020 HSFO Surplus
A surge in scrubber orders proves that the predicted surplus of high-sulphur residual fuel oil when IMO's global cap on sulphur in fuel which...
[Watch] Great White Shark JUMPS Out of Water Nearly Catching Researcher
A huge Great white shark jumps out of the ocean at a small boat. The Atlantic White Shark Conservancy were out conducting research when...
Maersk Cuts Profit Forecast as Shipping Slump Deepens
Maersk reeling under high bunker prices and is unable to compensate freight rates.
They are expanding their transport and logistics and expects an...
Court to Auction Hua Yun Shipping Handymax
Ningbo Maritime Court will hold an auction for 2008-built handymax bulker Hua Yun 5 via online platform Taobao on August 21.
The proceeds from the...
U.S. Crude Exports to India Surge as China Intake Fades
China imposes 25% import tax on US crude oil, LNG, and coal
US crude oil producers have a new market in India as...
Could Ballast-free Shipping be the Best Route to IMO Compliance
Following the adoption of the IMO’s Ballast Water Management Convention in 2017, ship operators have come under increasing pressure to improve the efficiency of...
Aerial Drones Perform Tanker Survey
A maiden survey conducted by the Unmanned aerial vehicle (UAV) and inspection firm Cyberhawk has completed the first full ABS Intermediate Hull Survey 4...
3 Killed in Ship Hit and Run Off Kochi
On August 7, nine fishermen were reported missing after their fishing boat collide with a ship 24 nautical miles off the Munambam coast.
What happened?
The...
Maersk Vessel Collides with Longliner, Returns to Rescue
Collision
The French longliner "Le Puffin" of ENEZ was in collision with the "Cecilie Maersk" on 7 August 2018, at 2.30 a.m. The crew of...