Ship Runs Aground Off Solomons Coast Ment

A ship has run aground off the southern coast of the Solomon Islands and officials say bad weather is hampering efforts to salvage the...

Global Oil Demand Growth to Slow – McQuilling

Global oil demand growth and crude supply growth is likely to slow over 2019-2023. Crude and residual fuel tonne/mile demand is forecast to...

Wärtsilä to Deliver First Short-Sea Shipping Hybrid Retrofit

Wartsila delivering the first hybrid short-sea retrofitting including a shore power connection provider for port loading operations and PTI technology.  The retrofitting is...

Freight Rates on Asia/Europe Routes to Remain Depressed for Years

Capacity growth on the Asia/Europe maritime routes are set for substantial increases in 2019 and 2020. IMO 2020 will lead to increases in...

Efficiency of Wärtsilä BWMS Certified by Uptick in Demand

Wärtsilä’s Aquarius UV BWMS solutions recognised by owners around the world. The technology group has recently bagged contracts to supply its BWMS for...

[Answer] What’s Inside a Wet Scrubbers System?

Exhaust Gas Cleaning Systems or Scrubbers have become a formidable necessity in the new maritime industry, especially as we are fast approaching the IMO 2020...

Fall in BDI – Is It Due to Seasonal Lull or...

In the east, the slow dry bulk market has been attributed to Chinese new year and in the West dam break at Vale’s Corrego...

Freightos Baltic Container Report – Week 5, 2019

The highest transpacific ocean prices this year were $2,110 on 20 January (China-West Coast) and $3,312 on 27 January (China-East Coast). Prices have...

MAN Energy Solutions To Launch Two-Stroke Ammonia Fuelled Engine

Siemens Gamesa and MAN Energy Solutions to develop an ammonia-fueled two-stroke engine. It uses existing ME-LGIP engine – launched last year to burn...

Riser Feeder Machine Crushes Crew Member!

According to BBC, an inquest report noted that a highly conscientious and competent oil and gas worker died from injuries he sustained when he...

Tanker Powered By Lithium-Ion Batteries Being Developed

  New domestic shipping tanker design incorporating zero emission electric propulsion is under development for all bunker supply vessels trading in Tokyo Based on...

Suezmax Swing Supply May Ruin the Product Tanker 2020 Bonanza

Shipping analysts seem to collectively agree that the product tanker fleet will benefit from the IMO 2020 global sulphur cap. The majority of...

CSA 2020 Calls Out Closed Minded Thinking on Open Loop Scrubbers

CSA trying to correct open-loop scrubbers misconceptions by highlighting relevant facts and findings. They are fighting fake news by stressing on the necessity...

Baltic Dirty Tanker Index Down by 30% Strong Snapback Expected

The world oil market is witnessing volatility as the maritime industry changes itself to make it viable as per the new IMO 2020 regulations....

BHP-NYK Towards Decarbonisation Goals with Advance Biofuel Bunkering

Sustainable biofuels delivered to the BHP-chartered, NYK-owned bulk carrier in Rotterdam. The advanced biofuel, supplied by GoodFuels is blended with conventional fossil-based MGO...

2.6$ Million Worth AI Thermal Cameras to Stop Ship Collision

In a major development, boat collision avoidance system maker Orca AI has recently announced that they are closing a $2.6 million funding round for...

Tanker Report – Week 6, 2019

The Baltic Briefing has released a report about the tanker market of the 6th week of shipping activities of this year. The report dated...

Korea’s Mega-Merger of Shipyards Set to Dominate Global Shipbuilding

Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. have merged a deal controlling 20% of the global market for new ships...

Sailing Through The Panama Canal!

Connections between the U.S. and Panama run deep as the U.S. military built the canal - They are bound by treaty when it comes...

ICE Wins New Contracts for Scrubber Retrofit Design

ICE won new scrubber retrofit design services contracts for a leading European shipowner. The hybrid exhaust gas cleaning systems will be supplied by...