Bulk Report – Week 42
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates...
Freightos Baltic Container Report – Week 41
On October 15, some ocean carriers have applied a mid-month GRI for China-US West Coast in the $200-$400 range. That should translate into about a...
Diana to Continue Time Charter Contract for M/V Electra
On October 23, Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with...
BW LNG Appoints First Female Captain of LNG Carrier
In a major development, Captain Tatjana Pletena took charge of BW LNG's Singapore-flagged LNG tanker BW GDF Suez Everett. This makes her the first...
Bulker with Scrubbers May Enjoy a Premium and Early Advantage
Scrubbers fitted vessel will get premium over low sulfur fueled vessels.
The LSFO and HFO differential pricing is driving this charter advantage scenario.
...
MethaShip Project: Renewable Methanol is ‘Fuel with a Future’
Cross-industry research finds key advantages for the use of methanol in medium speed marine engines for passenger shipping.
In a press release dated 22 October...
Wartsila’s Scrubber Business Rise But Cuts Services Outlook
On October 23, Finnish ship technology and power plant maker Wartsila reported lower than expected quarterly profit and new orders which downgraded the demand...
MOL Unveils High-quality and Efficient LNG Carrier
MOL's has announced its newbuilt LNG Carrier to serve Mitsui & Co. to transport shale gas-derived LNG from Cameron Project in the United States.
Naming Ceremony
On October...
[Watch] World’s Oldest Intact Shipwreck Discovered in Black Sea
An ancient Greek trading ship dating back more than 2,400 years has been found virtually intact at the bottom of the Black Sea, the...
Working Together
From the energy we use to the food we eat, the clothes we wear and the things we use every day, we enjoy a...
Baltic Index on a Week High!
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a one-week high on Monday, supported by rising...
IMO 2020 to Cause One-off Oil Demand Surge Before Market Adjusts:...
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of...
China’s First Seagoing LNG Bunker Vessel
The privately owned Chinese gas distributor ENN Energy has placed an order for an 8,500-m3 LNG bunker vessel at Dalian Shipbuilding Industry Company (DSIC) to...
Lower Sulfur Fuel Transition May Not Be Smooth
Even before new international regulations on maritime fuels kick start, the oil market has tightened significantly this year, pushing prices higher and putting pressure...
Why the Maritime Industry Needs More Women
In recent times, more and more women are entering the shipping domain but despite that women are far behind in this male-dominated industry. So...
‘Unplugged’ Shipping Forging a New Era
The maritime industry is a fast paced one which is always up for major changes. It’s the ports and shipping which generally face significant...
New Supertanker Successfully Performed Ship-to-Ship LNG Bunkering
On October 18, Director General of Russian Maritime Register of Shipping, participated in a protocol event dedicated to the successful project implementation of construction and...
Testbed Established for Internet of Ships Open Platform
On October 18, a testbed was established for an Internet of Ships Open Platform (IoS-OP), and for the test, NYK provided a next-generation onboard...
Could Chip Fat Help Dirty Shipping Clean Up its Act?
It is a well-known fact that the global shipping industry is a big contributor to greenhouse gas emissions as aviation. The heavy fuel oil that...
[Watch] Small Vessel Sink in Cold Irish Sea
Amateur-captured footage shows the dramatic rescue of two fishermen whose boat sank off the coast of County Down.
Disclaimer: This video is intended for informational...
