Crew Abduction and Robbery Incident Reported Against Ship – ReCAAP

ReCAAP ISC had released a report on the abduction and robbery incidents against ships in Asia that occurred from 4 to 10 December 2018. What...

Chemistry Behind How Seawater Buffer or Neutralize Acids

Calcium Carbonate Reaction When calcium carbonate reacts with acidic free hydrogen (H+) ions in seawater, the solid calcium carbonate dissolves, forming free calcium (Ca2+) ions...

Foreign Flagged Ships Detained In The UK During November 2018

On December 12, the Maritime and Coastguard Agency (MCA) announced that four foreign flagged ships remained under detention in UK ports during November 2018...

Global Phenomenon of LNG Bunkering Services and Infrastructure

Zero particulate matter emission has made LNG the future proof marine fuel. With 120 LNG powered vessel, the LNG bunkering market will exceed...

BIMCO: Marine Sulphur Content & Fuel Transition Clause Published

BIMCO has published two sulphur content related bunker clauses which are now available for its members on the BIMCO website and on SmartCon, BIMCO’s...

Lofty Freight Rates Shield Asian Sweet Crudes from Arbitrage Competition

Asian sweet crude trader said, differentials are expected to remain supported for the coming February trading cycle as multi-year high freight rates bar some...

Wallenius Wilhelmsen Supports Ship Recycling Transparency Platform

Ship Recycling Transparency Initiative has formed an online platform for ship recycling transparency with the help of Wilhelmsen group. The platform will make...

Global Ship Inks Five-Year Time Charters with CMA CGM

Global Ship secured two 5-year time charters with CMA CGM for two containerships at 30% above current rates. The new charters will commence...

How does Seawater Buffer or Neutralize Acids Created by Scrubbing?

Scrubber systems are air pollution control devices that can be used to remove some particulates and/or gases from industrial exhaust streams. Traditionally, the term...

8% Discount on Tonnage Fees for ESI Ships in the Port...

Ships participating in ESI can avail 8 percent discount on tonnage fees in the Port of Tallinn New port pricing system to be introduced...

Fuel Prices Falling! Ocean Carriers Levy Surcharge Now

The shippers remain unconvinced about the justification the size of the surcharge ocean carriers is proposing to cover the cost of compliance with the...

Choice of 2020 Compliance may Affect Charter Parties and Agreements

As 2020 is fast approaching, many uncertainties have risen with respect to fuel costs and fuel availability. The characteristics of some of these new...

Components of Gasoline Production to Make Shipping Fuels

  As shippers start exploring low sulfur fuels, the gasoline market faces a difficult situation. Vacuum Gasoil will be diverted to make ship fuels,...

Asia-Pacifics First ‘green loan’ for Scrubbers

  Quantum Pacific secures 40 million dollars green loan for scrubbers installation. The first loan in Asia Pacific which will fund the purchase and...

Marine Scrubber Installations may Peak at 6,000: Platts Analytics

The number of ships fitting scrubber systems as a means to comply with stricter sulfur emission limits may peak at 6,000 as economic incentives...

ClassNK Opens New Survey Office in Reggio Calabria

On December 5, the operations started for a leading classification society ClassNK, that has opened a new exclusive survey office in Reggio Calabria, Italy. Demand...

Samskip’s UK Investments Secure Supply Chain

The leading multimodal operator Samskip has become a major beneficiary of the Brexit. Within just 2 years of pre-Brexit investment in North Sea container...

Tanker Report – Week 49

VLCC Rates in the Middle East Gulf softened around 2.5 points to WS 97/97.5 for 270,000mt to China, with a run to Japan fixed at...

VIDA Signed into Law

On December 4, the White House announced the bill which included the Vessel Incidental Discharge Act of 2018 (VIDA). Bill passed The 'Vessel Incidental Discharge Act of...

World’s First Full Digital Shipping Company Shaping Up

Under "The Contopia Factor”, entire container fleet of one shipping company will be digitalized in 2019. Mid to small size shipping companies have...