Ship Owners Show Hands Amid Sulphur Shakedown
An avalanche of announcements in the past month has cast light, finally, on the post-2020 sulphur compliance options of some important ship owners.
Fuel bills...
Do Not Wait Too Long Before Installing BWM Systems
The shipowners have been warned not to wait until 2022 to retrofit ballast water management systems as they may face difficulties.
Warning Issued
In a press...
New Marine Fuel Recovery Mechanism from Hapag Lloyd
From January 2020, the maritime industry is set to face great changes as vessels will only be allowed to use fuel with a maximum...
Tanker Report – Week 40
VLCC
Healthy activity combined with delays in the East saw rates climb 21 points in the Middle East Gulf to WS 80 for 270,000mt to...
Atlantic Panamax Grains Freight Hits Near 4-year High on Bunkers
Panamax grains cargo freight rates reached near four-year highs
IFO 380 CST was assessed up $10 to $532/mt in Santos, up 22%
...
MISC on Moving Energy to Build a Better World
MISC Berhad a leading provider of international energy-related maritime solutions and services, completes 50 years this year. So, The Japan Times interviewed Yee Yang Chien,...
Intercargo: Challenges for the Dry Bulk Sector
The annual meeting of INTERCARGO welcomed IMO's greenhouse gas emissions reduction strategy.
Keeping in mind the recent loss of 32 lives, it stressed...
Marseille Puts American Ship Captain on Trial Over Pollution
On October 8, the American Captain of a giant cruise ship is all set to go on a trial in Marseille on pollution charges.
What...
More Needs to be Done for Long Term LNG Bunkering: SIBCON
Industry experts during a panel discussion at the 20th Singapore International Bunkering Conference 2018 expressed that LNG bunkering demand could rise with stricter environmental...
IMO: Guidelines for Consistent Implementation of Sulphur Cap
The IMO Intersessional Working Group meeting of July 2018 has started to develop a set of guidelines on the consistent implementation of regulation 14.1.3...
Seawater Lubricated Propeller Shaft Bearings Guaranteed for Life
To date, the COMPAC bearing has been offered with a 15-year wear life guarantee, but Thordon recently announced at the SMM 2018 trade show...
Blockchain Trials Designed to Create an e-BL from IBM
On 4th October, Pacific International Lines , a Singapore-based shipping company announced its collaboration with multinational information technology giant, IBM .
Purpose of the collaboration
The...
[Watch] Shipwreck Exploration in Lake Erie
Underwater archaeologists explore what's believed to be the Lake Serpent, the oldest discovered shipwreck in Lake Erie.
Disclaimer: This video is intended for informational purpose...
12 IACS Recommendations for Cyber Resilient Ships
Recently, the IACS has published around 9 (nine) of its 12 (twelve) recommendations on cyber safety with the aim of enabling the delivery of...
Breakbulk: Call it a Comeback
As more vessels are scrapped and new ships are launched, industry analysts are forecasting a long overdue rebound in the breakbulk sector, says an...
Trade War Threatens Outlook for Global Shipping, Warns New Report
As the volumes across all segments is set to grow in 2018, shipping face a trade war uncertainty
Owing to the improved demand-supply...
Bahri Highlights Growing Presence in U.S. at Breakbulk Americas 2018
On October 4, In an effort to strengthen its presence in the Americas markets, co - Bahri, a world leader in the field of...
Genco Acquires Fuel Efficient Capesize and Ultramax Vessels
In September 2018, the Genco Shipping & Trading Limited has taken delivery of the Genco Defender and the Genco Liberty, two 2016-built 180,000 dwt...
Customers to Pay Up as Container Lines Seek Better Returns
Container Shipping is in oversupply since 2008 and has an operating margin of 3-4%.
Shipping rates are no longer below the cost capital...
Ship-breaking Yards in Party Mode
Increasing woes for the global shipping industry is a cause of concern for most, but one party has emerged as a clear winner -...