Value of Vessels Predicted with Tankers Favoured as an Investment
The online site, VesselsValue has released its analysis of worthwhile investments in the tanker market which provides promising overall investment.
As most large crude tankers...
It’s a Pressure-vacuum Valve (P/V Valve)
A valve which keeps the tank over pressure or under pressure within approved, limits. P/V valve provides for the flow of the small volumes...
Japanese Shipbuilding Orders Double
Japan Ship Exporters Association data released recently showed, Japanese shipbuilders first year-on-year rise since May. They received export orders for a total 1.53 million...
Baltic Dry Index is Down to 1,530 Points
On 8 October 2018, the Baltic Dry Index fell to 1,530 points, down 6 points (-0.39%) versus the level of October 5.
BDI is a...
Ships Sold for Scrap October 2018
Alang
Alsadd Imo 8405050 Loa 56x22m Built 1984 Ahts....Beached 1/10/18
SKS Torrens Imo 9161273 Loa 243x42m Built 1999 Obo Carrier #
Levant Suez Imo...
Bulk Report – Week 40
Capesize
Despite a week of Asian holidays, it was a surprising start to the week, with rates moving in some key areas, although some moves...
Engineers Working Behind the Scenes on Cargo Vessels from China to...
The maritime sea lane between China to Europe is considered as the 'Golden Route' as the trade volume between the countries keeps the route...
Can You Name this Ship Part?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here....
[Watch] Ancient Salt Lake in China Turned Pink & Green
A salt lake in the city of Yuncheng, north China’s Shanxi Province, has proven that Mother Nature is an unmatched colorist.
The waters...
Michael Shuts Nearly 40% of U.S. Gulf of Mexico Oil Output
On October 9, around 40 percent of daily crude oil production took a massive hit in the offshore U.S. Gulf of Mexico wells due platform...
Online Bunker Platform for Productive Supply Chains
The fuel firm Gastankerrederij Anthony Veder has entered into a partnership with Bunker Connect for the purchase and management of bunker capacity in the...
Ship Owners Show Hands Amid Sulphur Shakedown
An avalanche of announcements in the past month has cast light, finally, on the post-2020 sulphur compliance options of some important ship owners.
Fuel bills...
Do Not Wait Too Long Before Installing BWM Systems
The shipowners have been warned not to wait until 2022 to retrofit ballast water management systems as they may face difficulties.
Warning Issued
In a press...
New Marine Fuel Recovery Mechanism from Hapag Lloyd
From January 2020, the maritime industry is set to face great changes as vessels will only be allowed to use fuel with a maximum...
Tanker Report – Week 40
VLCC
Healthy activity combined with delays in the East saw rates climb 21 points in the Middle East Gulf to WS 80 for 270,000mt to...
Atlantic Panamax Grains Freight Hits Near 4-year High on Bunkers
Panamax grains cargo freight rates reached near four-year highs
IFO 380 CST was assessed up $10 to $532/mt in Santos, up 22%
...
MISC on Moving Energy to Build a Better World
MISC Berhad a leading provider of international energy-related maritime solutions and services, completes 50 years this year. So, The Japan Times interviewed Yee Yang Chien,...
Intercargo: Challenges for the Dry Bulk Sector
The annual meeting of INTERCARGO welcomed IMO's greenhouse gas emissions reduction strategy.
Keeping in mind the recent loss of 32 lives, it stressed...
Marseille Puts American Ship Captain on Trial Over Pollution
On October 8, the American Captain of a giant cruise ship is all set to go on a trial in Marseille on pollution charges.
What...
More Needs to be Done for Long Term LNG Bunkering: SIBCON
Industry experts during a panel discussion at the 20th Singapore International Bunkering Conference 2018 expressed that LNG bunkering demand could rise with stricter environmental...
