European Parliament Says Biodegradable Plastics not a Solution
The European Parliament recognised in a vote, that usage of Biodegradable and compostable plastics do not prevent plastic pollution and should not be an...
[Watch] Animation on Just-In-Time Operation of Ships
A short video explaining the concept of Just-In-Time arrival, developed by the GloMEEP Global Industry Alliance to Support Low Carbon Shipping.
For more information, please...
Just-In-Time Shipping Operations Cuts Emissions
According to studies carried out by members of the IMO GloMEEP Global Industry Alliance (GIA), reducing the amount of time ships spend waiting outside...
After the Casualty – Gard’s Role in Disposal of Wrecks
Ships can end their life cycle due to old age or their lives can be cut short violently by catastrophic events like groundings, collisions,...
Ballast Water – Managing Risks of Zoological Pollution
Zoological pollution is becoming an increasing concern for commercial shipping worldwide. The threat of invasive species spreading through the intake and discharge of ballast...
Shell-chartered Vessels Built by SHI Amongst First to Enter into Service
AET has christened and welcomed its first LNG dual-fuelled Aframax vessels, Eagle Brasilia and Eagle Bintulu at a ceremony conducted this week.
Long-term charter
The Christening...
Record-Breaking Maritime Simulator Contract to KONGSBERG
Kongsberg Digital to execute landmark $21.2 million SGD contract to deliver sophisticated and comprehensive Tactical Boat Handling and Firing Simulators.
Largest ever Simulator
KONGSBERG has landed...
Tanker Report – Week 41
VLCC
Charterers took a step back last week after previously frenetic activity. In the Middle East Gulf rates peaked at WS 85 for 270,000mt to...
Rolls-Royce and Intel Join Hands for Intelligent Shipping Systems
Rolls-Royce and Intel are intending to collaborate on designs for sophisticated intelligent shipping systems that will make commercial shipping safer.
Ship technology expertise and technology
In...
LNG Bunkering Uptake to Rise Despite Clarity Over 0.5%-S Fuels –...
Availability of 0.5% Sulfur bunker fuels at the bunkering hubs isn’t a problem, says the BSM Director.
Antwerp, Rotterdam, Genua, Marseilles in Europe...
Prime Aged Assets at a Significant Discount
Predicting the recovery in asset pricing involves many factors, and the current strength of spot market returns or term hire rates are only a...
Baltic Exchange Launches Ship Sale Escrow Service
On October 15, the Baltic Exchange’s Escrow Service was launched for its members to hold deposits for ship sale transactions.
Escrow Service
The Escrow service is...
Stena Bulk Confirms Scrubber Order
In a recent development, Stena Bulk has signed a turnkey exhaust gas scrubber solution agreement with Chinese Bluesoul to equip its Suezmax and IMOIIMAX...
[Watch] 22 Ancient Shipwrecks Found in One Spot
A joint Greek-American team of underwater archaeologists have found 22 ancient shipwrecks around Fourni, a small Greek archipelago.
Disclaimer: This video is intended for informational...
FMC Clarifying ‘Reasonable’ Demurrage, Detention Fees
Demurrage/detention penalties and the high value of the U.S. dollar making exports very expensive in foreign markets.
FMC investigation hopes to bring clarity...
H-Line Orders Largest LNG-powered Bulk Carriers
H-Line Shipping, part of the South Korean private equity firm Hahn & Co, has confirmed newbuilding orders for two 180,000-dwt LNG-powered bulk carriers.
Who is...
Japan’s September Vessel Orders Down 12% on Year
Japanese shipbuilders export orders down 12% year on year and down 43.7% from August
Outlook seen positive
Japanese shipbuilders received export orders for a...
Firmer Capesize Rates Prop Up Baltic Index
The capesize index rose 20 points, or 0.9 percent, to 2,189 points.
The panamax index gained 4 points to 1,779 points, highest since...
Ships Detained in the UK During September 2018
On 11th October, The Maritime and Coastguard Agency (MCA) announced that five foreign flagged ships were under detention in UK ports during September 2018...
Scorpio Announces LOI for Scrubber Retrofits
On October 15, the Scorpio Tankers Inc. announced its entry into an agreement to retrofit 15 of its LR2s with Exhaust Gas Cleaning Systems...