Will Star Bulk Carriers Corp. Get Their Groove Back?
Star Bulk Carriers Corp. noted that the stock most recently closed at 7.8 and by going back a full year, the stock has...
Weekly Maritime Security Report – Week 21, 2019
Protection Vessel International has released the Maritime Security Report for Week 21 of 2019. The report formulated on 12th June 2019 highlights the various security...
Tanker Ship Hit Sunshine Bridge Reopens Again
According to an article published in The Advocate, a tanker ship hit the Sunshine Bridge on Sunday afternoon, prompting a temporary closure of the...
Batangas-Bound Ship Catches Fire Near Recto Bank
According to an article published in Rappler, a car carrier caught fire near Recto Bank and was subsequently abandoned by its crew members.
What happened?
On...
Bunker Fuel Market To Rise To a Total Volume of 460...
Global bunker fuel market set to rise to a total volume of 460 mn tons by 2020, exhibiting a steady 3.1% CAGR in...
Maersk Signs TradeLens and Cold Store Warehouse Deal With Russia
In a major developmet, A.P. Moller - Maersk and Russian Ministry of Transport signed a Memorandum of Understanding on June 5, enabling the launch...
New Improved Tougher Evac BWMS Gets IMO Type Approval
In a recent development, the Evac Evolution Ballast Water Management System (BWMS) has announced that they have been granted IMO Type Approval, following testing...
MEPC74 Fuel Oil Non-Availability Report (FONAR) Guidelines
The recently concluded MEPC74 meeting held in London last month has set a guideline report on what needs to be done in case of...
Scrubber Benefits To Disappear But LSFO Premium Stays
According to the Drewry Maritime Reserach, the business case for retrofitting scrubbers will eventually “disappear” as the price spread between high sulfur fuel oil...
The Strange Case of Summer Oil Market
Front-month Brent crude futures, were at $62.71 at 0630 GMT, 42 cents, or 0.7%, above Friday’s close and U.S. WTI crude futures were at...
Hansa Acquires Tanker for $18.5 M From Japan’s JX Ocean
Norwegian chemical tanker company Hansa Tankers continues to expand with the purchase of another chemical tanker Bow Tone, reports Splash 247.
Company’s second acquisition of...
[Watch] Wärtsilä Power Solution for Normally Unattended Installations
Offshore platforms designed to be able to operate for up to six months without the need for scheduled maintenance rely on a holistic power-generation...
Tanker Software Platform Adds Two Extra Satellite AIS Providers
Satellite AIS (Automatic Identification System) is a vessel identification system that is used for collision avoidance, identification and location information. Two such AIS systems...
Delivery of VLCC New Building with 15-Year Charter
According to an article published in PR Newswire, Ocean Yield ASA is pleased to announce that it has taken delivery of a VLCC.
Series of...
Man and Wife Airlifted from Cruise Ship 100 Miles Off Cape...
According to an article published in CBS17, the U.S. Coast Guard airlifted a 55-year-old Canadian man from a cruise ship 100 miles southeast of...
Scrubber-Equipped Tonnage Now Accounts for 36% of Box Ship Capacity
As the global maritime industry is sailing towards a new sulphur regulations imposed by the International Maritime Organisation (IMO), boxships are set to operate...
IMO Adds Ship Register To STCW White List
According to an article published in Tanker Shipping and Trade, Palau International Ship Registry (PISR) has been recognized by IMO as fully complying with...
Oil Product Stocks Fall To 4-Week Low Amid Soft Holiday Trading
Eid-al-Fitr holidays cause a slump in refined oil product stockpiles at Fujairah.
Total inventories at the hub dropped 0.5% over the past week to...
General Cargo Vessel Collisions Due To Dragging of Insufficient Anchor Cable
According to an investigative report published by MAIB, the UK government highlights the problems pertaining to anchor dragging and how does it lead to...
New Rules for Ships Enforced to Protect Killer Whales off B.C....
The Canadian government has announced sweeping new rules to protect southern resident killer whales off the coast of British Columbia, reports the Globalnews.ca.
What is...
