Castor Maritime Charters Panamax Vessel with Oldendorff

Castor Maritime Inc. entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeck for its panamax vessel . The...

d’Amico Sign US$ 25.7 Million Sale and Leaseback Deal

d’Amico Tankers signs deal for  Product tanker sale and leaseback with a Japanese counterparty. The sale of the 45,999 dwt MR tanker for...

The Scrubbers Story – Inside Out

In preparation for the upcoming global sulphur cap, set to enter into force in January 2020, many owners opted to install exhaust gas cleaning systems...

[Answer] What Are the Discharging Limits in Scrubber Wash-water?

With the Scrubber system gaining momentum in a majority of shipping companies, it has become extremely important that we understand the importance of the...

Hydrex Underwater Scrubber Sea Chest Installation

Hydrex recently installed sea chests on two sister vessels. The Hydrex team installed overboard discharge boxes in the hull plating of these tankers during...

Scorpio Bulkers Inc. Announces Sale and Leaseback Agreements!

Scorpio Bulkers has agreed to sell and leaseback seven vessels that include three Ultramax and Kamsarmax vessels. The company’s liquidity is expected to increase...

LNG Containment Systems; Options Increase As 2020 Draws Near!

New containment systems could accelerate LNG bunker vessel builds as a deadline for IMO’s 2020 sulphur cap just months away. LNG as a marine...

Major Hubs Missing As Another Oil Giant Announces 2020 Fuel Plans!

Fujairah and Houston are touted to be the major bunker hubs with one not offering its 0.5% very low sulphur fuel oil. BP Marine...

German-Owned Ship Detained at Port Kembla! Crew Alleges Mistreatment!

According to ABC News, Australia's maritime safety watchdog has detained a German-owned cargo ship on the NSW south coast while it investigates several complaints...

Endesa Charters Gaslog Warsaw in US LNG Supply Deal

Endesa and GasLog, signed an eight-year charter agreement for the maritime transport of the company's LNG acquisitions after May 2021. Endesa will receive...

Shell Ships First Condensate Cargo from Prelude off Western Australia

Royal Dutch Shell shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia. Shell had hoped...

Shipping Companies Banking on Gas Carriers As LNG Demand Grows

  Demand has grown sharply in Asia and in the U.S. as improved hydraulic fracturing technology has made drilling for both shale oil and...

Shipowner’s First Ship Recycling Transparency Initiative Report

The first report of the Ship Recycling Transparency Initiative (SRTI) indicates a growing movement stepping up the pressure on shipowners to disclose their approaches...

Maersk Round Trip To Test Emission Reduction Target

Maersk ship Mette Maersk commences on a round trip trial of commercially viable biofuel testing. The biggest biofuel testing of the world will...

IMO 2020 : ExxonMobil Sights Marine Fuels Business Prospects

The IMO responsible for the safety and environmental performance of the shipping sector, has set sulphur cap to reduced sulfur emissions by over...

Weekly Bulk Report – Week 12, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 12th week of this year. The report formulated on 22nd March 2019...

Sumec Marine Sets Up Singapore Bulk Operations

Sumec has set up Singapore bulk operation and is set to operate all vessels owned by Sumec Marine. Sumec is the first oversee subsidiary company for...

String of Vessel Fires Raising Alarms Among Operators

Some six million containers or 10% of the overall capacity moved across the oceans, contain dangerous goods. Nearly 1.3 million of those boxes...

Why Did Oil Tanker Rates Just Double?

Recently, tanker demand and rates have highlighted shifting supply patterns and have sparked a bit of a worry about OPEC’s compliance rates. What...

No Timetable for Reopening Texas Ship Channel Following Leak

The reopening of the Houston Ship Channel has been postponed due to another setback caused by flammable chemicals to seep into the water. More than 40...