Weekly World Business Update – Vale Brucutu Operations, Panama Restrictions

According to an Alibra Shipping article, the shipping industry is affected by certain business and market changes recently which includes situations such as Vale's...

China’s Marine Lizard Is the Ultimate Sea-Land-Air Combat Drone Ship

The Statesman quoted the Chinese state-run media house Global Times stating that the Corporation (CSIC), the drone ship, named Marine Lizard, successfully passed delivery...

EU Proposes Changing Fuel Reporting Mechanisms for IMO 2020 Consistency

The EU's proposal of shipping reporting mechanism change is up for a debate at the MEPC of the IMO next month. The current...

DNV GL Approved INTELLIMAN Ship Software

DNV GL has announced that Samsung Heavy Industries (SHI) INTELLIMAN Ship software complies with the EU-MRV and IMO-DCS regulations, says an article published in...

China Procures Crude Oil To Stock, But Difficulties Loom

Chinese refineries processed 12.6 million barrels per day (bpd) of crude in the first quarter, up 4.4 % from the three months to...

BSNL To Provide Inmarsat’s Maritime GX Services in India

Inmarsat and BSNL have received an In-Flight and Maritime Connectivity (IFMC) license from the Government of India’s DoT. The partnership also includes Inmarsat’s Global Xpress...

MPV and Heavylift Sector Facing Mid-Term Headwinds As Global Trade Slows

MPV and heavy-lift shipping sector are set for 3.8% growth this year, declining to 1.4% in 2020. The number of MPVs with a...

Oil Tanker Runs Aground Near Petit Bois Island

According to an article published by Wlox, the U.S. Coast Guard continued efforts Monday morning to remove an oil tanker that ran aground near...

Hidden Camera Aboard Women’s Bathroom? NCIS Initiates Investigation

According to an article published by NBC News, a Navy spokesperson confirmed that NCIS is investigating the device found aboard the USS Arlington, currently...

IMO 2020 Effect on the Fuel Bunker Mix Short – and...

As the global shipping industry is sailing towards the major change in bunker fuel regulations by IMO from January 1, 2020, a forecast on...

Dry Bulk FFA Market: Capesizes Dragged Down by Cargo Shortage

Iron ore shipments from Western Australia were still restarting at the aftermath of Cyclone Veronica. BMO Capital Market (BMO) placed a total reduction...

Shell Marine Launches Shell Alexia 40 Lubricant Ahead Of IMO 2020!

Shell Marine is introducing Shell Alexia 40 – a new two-stroke engine cylinder oil running on VLSFO and produces only 0.5% sulphur content. Shell Alexia...

[Watch] Liquefied Natural Gas — Ship Fuel of The future?

 LNG outperforms conventional ship fuels in terms of emissions. Although LNG is a global commodity, ships can only fill up on it in a...

Teekay and Nautilus Labs Join Hands To Improve Gas Vessel Efficiency

In a recent development, Teekay LNG Partners has announced that they have signed a full fleet partnership to enhance the efficiency of their gas...

Vroon Offshore Services Wins Major New Contract

Vroon Offshore Services (VOS) Aberdeen has been awarded a major new contract with BP Trinidad and Tobago LLC, for the provision of emergency response...

YSA Design Delivers Stylish Slice of Costa Venezia To China

According to an article published in Cruise Ship Industry, a sizeable slice of Venetian style and chic will float into Asia’s flourishing cruise market...

IMO 2020 – Charter Party FAQs

According to a notification issued by the Standard Club, the following are the issues and FAQs pertaining to IMO 2020 charter parties and these...

Global LNG Bunker Fuel Market To Reach $1.3bln by 2026

The global Liquefied Natural Gas (LNG) as a bunker fuel market was valued around US$ 550 million in 2017, and is expected to register...

Hapag-Lloyd Retrofits Its 15,000 TEU Vessel With GTT LNG Tank

In a major development, French LNG containment specialist GTT has been notified by the Chinese shipyard Hudong-Zhonghua Shipbuilding for the design of the LNG...

DNV GL Says, Scrubber Uptake Has Doubled in 6 months...

The number of ships in operation or on order with scrubbers fitted has nearly doubled over the past six months to 3,229, according to...