Panama Canal : FAQ on Fuel Type and Changeover Requirements
We refer to our earlier Client Alert 10-2017, issued on April 21, 2017, describing the requirement for vessels transiting through the Panama Canal to...
[Watch] Shark Attack! Terrified Tourists Flee Beach
A VIDEO has captured a 10-foot shark roaming the waters of a popular Spanish beach in Mallorca, causing tourists to flee the sea to...
Can You Name this Ship Part?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here....
LNG Versus Scrubbers
Scrubbers installed in cruises and ferries are at 15% and 13% respectively.
Tankers and Bulk Carriers account for 23% and 28% of Scrubbers...
No Cross – Undertakings in Damages for Ship Arrests
In a recent important decision of the Admiralty Court in London, NatWest Markets
Plc v Stallion Eight Shipping Co. S.A., in which Watson Farley &...
Orders for Scrubbers Show Sharp Increase
Survey findings
A recently completed survey of Exhaust Gas Cleaning Systems Association (EGCSA) members reports a rapidly accelerating uptake of marine scrubbers with 71 scrubbers...
Handful of Tanker Owners Profiting from Dwindling Iran-Europe Trade
Iran, the third largest oil producer in OPEC after Saudi Arabia and Iraq, is producing around 3.70- 3.74 million b/d of crude oil, according...
Oil Tanker Owners are Scrapping the Most Ships in Decades
The Global Fleet could be lacking of 100 million barrels of oil by 2020.
The average earning of VLCCs fell by 65 percent...
Port State Control to Focus on Ship Emissions
The agreement by major PSC regimes to conduct concentrated inspection campaigns in compliance with MARPOL Annex VI on the prevention of air pollution from...
How Can Fuel Contamination Exist When All Fuel is Tested to...
Speculation and Generalisation isn't good for addressing fuel contamination issues, advises IBIA.
Mostly, the contamination is due to lack of control of the...
[Watch] Crocodile ATTACKS Trainer and Nearly Bites His Arm Off
A HORRIFYING viral video has captured the moment a crocodile crunched down on a trainer’s arm in front of terrified spectators during a show...
Oil Industry Starts Eradicating Ship Fuel Supply Before IMO 2020
Increasing number of oil refineries have started to destroy stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse...
Opportunities for UK Shipping Companies in South Australia
A major investment in new frigates and submarines by the Australian government has created long-term opportunities for UK and European businesses with relevant intellectual...
UK P&I Club Chooses Rotterdam as Hub
The British ship insurer UK P&I Club has chosen the Dutch city of Rotterdam to ensure continued access to trade in the European Union...
Fobas Alert: Contaminated Fuels from Singapore
FOBAS is currently investigating a number of samples bunkered in Singapore, which were ordered as ISO-F-RMG380 grade and met specification for table 2 of...
Baltic Exchange Shipping Insights
TANKER REPORT
VLCC
Marginal gains in the ME Gulf market, with rates for 270,000mt to China paying around WS 54. For USG discharge, ENI paid WS...
Reshaping Prosafe with COSCO
Prosafe has reached agreements with COSCO and its lenders which will transform the company’s fleet, market position and earnings potential, and secure a significantly...
Shipping Industry to Trial Blockchain-based Technology for Bunker Fuels
MBL to asses the blockchain ability in the shipping industry
An expert team from BLOC are on it.
It might help in establishing...
[Watch] Container Ship Intercepted at Sea with a Ton of Cocaine
On August 2, a container ship was intercepted by Colombian Navy and was discovered to have pure cocaine hidden onboard the ship.
What happened?
The container...
Svitzer Hermod to Refloat Grounded Vessel
A salvage plan drawn by a shipping company and a vessel's insurance company.
What happened?
The salvage plans chartered by the shipping company and the insurance...