Bumi Armada Sends VLCC for Conversion

Malaysian FPSO specialist Bumi Armada has reportedly acquired a Very Large Crude Carrier from Ship Finance International says a news report. Buyer disclosed The sale of...

Spot Market for Nordic Tankers Trebled

In a major development, Nordic American Tankers Limited New suezmax vessel was delivered to NAT today - impacting earnings and dividend capacity positively. Spot Market...

Bunker Surcharge Alert! OOCL Plan on Floating Bunker Formula

Over the years, the industry has seen an increasing amount of attention given to the environmental impact from the global supply chain, resulting in...

Containership Allides in India

On October 13, a containership allided with the pier located at the Jawaharlal Nehru Port outside Mumbai. What happened? The CMA CGM containership identified as 'CMA CGM...

[Watch] Container Ship Hits Pier in Mumbai

Navi Mumbai: A container ship hit the jetty at Jawaharlal Nehru Port (JNPT) today causing damage to a portion of the jetty, no major...

Cargo Ship Sinks in Black Sea

On October 13, a vessel carrying metal scrap and flying under the Panama flag sunk in the Black Sea while its crew members were...

Magnetic Compass Fails the Autopilot Resulting in Grounding

Summary On 10 April 2018, the 45.5 m landing craft Lauren Hansen was preparing for sea at Hudson’s Creek, Darwin, Northern Territory. The ship’s operator,...

FOBAS: Rotterdam Tops Off-spec Bunker Port in H2 September

The Lloyd’s Register Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) has identified Rotterdam port as having the largest number of off-specification bunker fuel...

Scrubber Numbers Surge to 1,850

Scrubbers installation rises from 1300 to 1850 in the last one month. Wartsila, Alfa Laval and Yara Marine hold over 50% of the...

New Marine Fuel Additives to Help in 2020 Compliance from Innospec

Innospec Inc. reported that it has launched an exciting new range of marine fuel additives. These products will help the shipping industry comply with...

A Case for 20/20 Vision? IMO’s Low Sulphur Fuel Limit

The fact that under MARPOL ANNEX VI falls the implementation of the global 0.5% sulphur cap for bunker fuel which will come into force...

Weakly Maritime Security Report

The Weekly Maritime report highlighted the various events which occurred over the week. 1. Location: West Africa Ghana Assailant boards vessel at Takoradi anchorage On October 9,...

Poor Ship Navigation in Pilotage Waters Added to TAIC’s Watchlist

A series of incidents where ships have run aground or struck rocks has prompted the Transport Accident Investigation Commission to add the issue of...

Runaway Bulker Hit and Sank Three Anchored Vessels

On October 9, a bulk carrier collided with three anchored vessels which resulted in the sinking of the vessels and four people being missing. What...

Thales UK Opens New Maritime Autonomous Systems Trial Centre

Thales UK has opened its new Maritime Autonomous Systems Trials and Evaluation Centre at Turnchapel Wharf in Plymouth. Exploration of technologies The centre will be used...

Carriage Ban Critical for 2020 Success

Trident Alliance Chair, Roger Strevens in a news article, says that Adoption of IMO’s ‘Carriage ban’ on non-compliant fuel without delay is critical to...

Maersk Oil Trading Hires Asia Storage Before 2020

The World's top ship fuel buyers, Maersk Oil Trading has hired an oil storage facility in Singapore to provide fuel to customers in Asia...

Market Consolidation in Container Shipping: What Next?

Mergers, acquisitions, expansions, reshuffling of shipping alliances - these are the things that's plaguing the global container shipping industry over the past two years....

Keels Laid for Europe’s Biggest Butane Tankers

Work has begun on Europe’s two largest-ever butane river tankers, at the VEKA shipyard at Lemmer (Netherlands). Each vessel is around three times the...

Chelsea Buying 6 More Vessels for $100m in 3 Years

A recent news article says, Chelsea Logistics Holdings Corp. will acquire six additional vessels for $100 million over the next two to three years. Unserved...