IMO Discussed EU Ports’ Harmonized Scrubbers Action Proposal
Earlier this month, the European Sea Ports Organisation (EPSO) had called for urgent scientific research into the impact of liquid discharges from scrubbers, says...
IMO 2020 Shaking Up How Shipping and the Oil Sector...
IMO is meeting for its only MEPC session this year ahead of 2020 sulphur regulations which will be affecting shippers and refiners.
The...
Weekly Tanker Report – Week 20, 2019
The Baltic Briefing has issued the tanker report for the 20th week of this year. The report dated 17th May 2019 provides a valuable insight...
GasLog Ltd. Reports Financial Results for the Quarter Ended March 31,...
Entered into a new five-year amortizing revolving credit facility on February 20, 2019 (the 2019 Partnership Facility), which successfully refinanced $354.4 million of...
Oil Market Dislocations Reduce US Refiner IMO 2020 Benefit
Canadian exploration and production (E&P) companies are benefiting from light-heavy crude spreads.
Surplus FCF associated with the IMO 2020 tailwind is earmarked for...
More Ships Slow Down Off California to Avoid Killing Whales
Experts say four of the 10 gray whales found dead near San Francisco in 2019 were killed by ships.
Due to the absence...
Värde and Landbridge Inks VLCC Sale and Lease Back Deal
Global alternative investment firm Värde Partners and Landbridge VLCC International, has announced a sale and lease back transaction of a very large crude carrier...
GasLog Lays Keel for Its New LNG Carrier at SHI Shipyard
Gaslog held a keel laying ceremony for its LNG carrier currently under construction at SHI shipyard, says an article published in LNG World News.
Keel...
PBF Emerges as NYH’s Top 2020 Bunker Supplier
Maersk to procure 1.25mn t compliant fuel per year from PBF an independent refiner in the US.
EIA showed residual fuel oil...
Riding on the Tanker Market Benefits TORM Extends Its Scrubber Commitment
According to a report published in the Shipping Herald, the Executive Director of TORM, Jacob Meldgaard has said that TORM’s results in the first...
Maersk Product Tankers Completed Sale and Leaseback Agreement
In a major development, Maersk Product Tankers has announced that they have entered into a sale and leaseback agreement with ICBC Financial Leasing Co.,...
Lack Of Safety Procedures While Climbing Up A Cargo Caused Grave...
Cargo vessel operations can be tricky and should be done with utmost care. As a minor slip can cause severe healthcare problems as we...
So Long Sulphur Emissions: Navigating the New IMO Regulations
In January 2020 the shipping industry, and those supplying its fuel, face one of the biggest challenges in decades. How is the sector preparing...
IMO Partners With Norway for a New GHG Emission Strategy
IMO announced a Norway funded greenhouse gas emission strategy.
The Green Voyage 2050 is a strategy to counter emissions by providing technical solutions...
JB Hunt Enters US Freight Forwarding Fray After Gaining NVOCC Licence
JB Hunt has entered the freight forwarding sector after receiving an NVOCC license from the Federal Maritime Commission.
FMC ocean transport intermediaries (OTI)...
Competition Rules Can Hamper Container Ship Safety
Competition rules forbid container lines from discussing their customers with other lines while promoting fair competition but ignore misdeclared cargo.
Crews are ill-equipped...
Virus-Hit Boxship Takes Centre Stage at Singapore Cyber Wargame
A container ship whose power management system had been shut down by a long-dormant virus was the focus of a UK maritime industry...
Panama Canal Handles Largest LNG Tanker To Ever Transit
Qatargas’ Al Safliya, the first Q-Flex and the largest liquefied natural gas (LNG) tanker to ever transited the Panama Canal.
The tanker with...
Diamond S Shipping Finalises Tanker Fleet Integration
Diamond S Shipping (DSS) reported a net loss of $1 mill and adjusted EBITDA of $30.3 mill, for the first quarter of this year,...
Largest Maritime Simulation Centre in The UK Opens
Solent University will open what it claims to be the UK’s largest and most sophisticated maritime simulation centre on its main campus in Southampton,...
