Scorpio Tankers Announces Reduction in Commercial Management Fees
In a recent development, Scorpio Tankers Inc. announced that they will reimburse certain commissions of the SCM vessel charges, says a press release published...
Sulfur Cap to Create New Winners and Losers
A recent report released by Arab Petroleum Investments Corporation (APICORP) iterates that IMO's stand on introducing new rules aimed at reducing the cap on...
Jail for Boozed-up Captain Who Ran Ship Aground in Sweden
A drunken Russian captain ran his ship aground off the coast of Helsingborg in southern Sweden. And he is said to have tried to...
Oil Tanker Runs Aground Off Milos
On September 19, a Greek-flagged oil tanker ran aground in the shallow waters at the beach of Kanavas, Milos.
What happened?
The Greek-flagged oil tanker 'Fres'...
Pirate Attack! Scorpio Tanker Robbed
Anchored product tanker belonging to Scorpio Tankers, that arrived from Las Palmas, Spain was attacked by four armed robbers.
What happened?
On 17 September 2018, after...
Charter Party Bunker Issues Alert! Are Your Bunker Clauses 2020 Ready?
Though technical, regulatory and financial aspects of the 2020 global fuel sulphur cap regime loom large in people’s minds, the importance of the contractual...
[Watch] The Investigation of the Sinking of US Cargo Vessel El...
This 15 minute video summarizes the NTSB investigation of the October 1, 2015, sinking of El Faro and the loss of all 33 mariners...
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Shippers Fear Engine Failures as Industry Forced to Upgrade Fuel
New marine fuel might damage ship’s engines
The use of scrubbers deposits sludge onboard
Improper mixing of fuel might ruin ship’s voyage, says...
AET Announces Contract for DP Suezmax Tanker with Shell
New time charter deal by AET with Brazil shipping.
Charter vessel equipped with Dynamic Positioning (DP) for dependability.
“Helps develop Brazil’s global trade...
Megaships Being Built in Shanghai
World's largest container ships that can carry more than 23,000 standard containers
Vessel will be 400 meters long and 61.3 m wide, and...
Diana Strikes Time Charter Contract for m/v Artemis
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a...
Maersk Line Announces Rates from Europe & Mediterranean
In a major development, the shipping giant Maersk Line has recently announced an increase in FAK rates (Freight All Kinds) which are subject to...
Only Cat Ever to Win the Highest Honor
An historical cat receives a Dickin Medal, the highest British honor awarded for animal displays of bravery in battle. As of 2018, only one...
DNV GL Awards AiP for Very Large Ethane Carrier Design
DNV GL has awarded shipyard Jiangnan with an Approval in Principle (AiP) for the design of a very large ethane carrier “PANDA E”.
Jiangnan Shipyard...
Scrubber Numbers Surge to 1,262, But Still Not for All
The number of ships fitting scrubbers to meet 2020 sulphur cap continues to grow rapidly. Still, it is not an option available or suitable...
World’s Largest Ship Propeller Transshipped
World’s Largest Ship Propeller was transshipped last Saturday noon when the container ship propeller was loaded into the Hyundai Together at the HHLA Container...
World-first Self-powering 70-meter Tri-deck Vessel
World’s first self powering Tri deck vessel Oceanour is striking, aggressive and contemporary in appearance with the focus being on function and affordability to...
[Watch] Yacht Burning in Dubrovnik Seas
In the morning hours of 7 September, the Maltese-flagged luxury yacht 'Kanga' suffered a major fire while off the cruise port of Dubrovnik, Croatia,...
Rising Fuel Pump Problems and Main Perpetrator-Causes and Mitigation
Marine machinery problems due to bad quality fuel had grown tenfold in recent past in spite of the tumbled fuel prices. Substandard contaminated fuels...