The number of ships fitting scrubber systems as a means to comply with stricter sulfur emission limits may peak at 6,000 as economic incentives...

On December 5, the operations started for a leading classification society ClassNK, that has opened a new exclusive survey office in Reggio Calabria, Italy. Demand...

The leading multimodal operator Samskip has become a major beneficiary of the Brexit. Within just 2 years of pre-Brexit investment in North Sea container...

VLCC Rates in the Middle East Gulf softened around 2.5 points to WS 97/97.5 for 270,000mt to China, with a run to Japan fixed at...

On December 4, the White House announced the bill which included the Vessel Incidental Discharge Act of 2018 (VIDA). Bill passed The 'Vessel Incidental Discharge Act of...

Under "The Contopia Factor”, entire container fleet of one shipping company will be digitalized in 2019. Mid to small size shipping companies have...

On December 6, The International Maritime Organization (IMO) awarded the 'IMO Award for Exceptional Bravery At Sea 2018' to a Chinese diver. Collective decision This annual...

Ship Recycling Transparency Initiative(SRTI) launched in London to support sustain shipping SRTI is an online tool for sharing information on ship recycling and to...

HMM plans to leave the shipping alliance with the 2M Alliance HMM ready to forge a new ocean alliance when its ties with the 2M...

ONE will implement a bunker surcharge on all new contracts beginning Jan. 1, 2019, "to be valid till further notice," to help offset...

In a recent development, WFW advises MPCC on major scrubber acquisition order says a news letter published on their website. Acquisition and finance info Watson Farley...

Cosco trying to raise capital on the London Stock Exchange in a bid to move to the European market. Through the global depository...

Crowley Logistics received 400 new reefers in Santo Tomas, Guatemala to accommodate the northbound reefer season through May 2019. Crowley has invested over...

American Shipping Bureau survey reports that 30% BWTS have problems and 15% are inoperable. The survey conducted among 220 vessels cutting across 27...

Exhaust Gas Cleaning Systems Association terms Singapore open-loop scrubbers ban “politically motivated”. Singapore MPA has issued the ban without any discussion despite  being...

  Indian fleet company to spend $50 million to refurbish its fleet to comply with new IMO regulations. $20 million for fitting exhaust gas...

A subsidiary of MAN Energy Solutions has developed a marine fuel-gas system for liquefied hydrogen with Fjord1 and Multi Maritime. It is the...

The market witnessed another active week for VLCCs with rates ex-MEG and WAfrica to East remaining in the high WS90s, yielding about $55,000 per...

On December 6, China launched its maiden ice-breaker tanker capable of carrying liquefied natural gas (LNG) through the icy Arctic waters all-year round. Vessel Christened The Arc7 ice...

  After suffering a harrowing three-day ordeal, English yachtswoman Susie Goodall was rescued by a cargo ship in stormy conditions. What happened? The 29-year-old yachtswoman was rescued two days...