Weekly Vessel Scrapping Report – Week 34, 2020
The below table is the most recent changes in the world fleet every week, with respect to which vessels have been sold for demolition...
Carnival Reiterates Carbon Emission Commitment in Sustainability Report
Carnival Corporation & plc, the world's largest cruise company, released its 10th annual sustainability report.
The company is committed to reduce the rate...
Shippers Urged To Follow Local Restrictions Before Discharging Washwater
IMO considers exhaust gas scrubbers to reduce vessels’ sulphur emissions.
It specifies requirements for verification, testing, survey, and certification of scrubber systems.
It...
How IMO 2020 Regulations Are Faring Amid COVID-19?
The supply of VLSFO has proven more than adequate amid COVID-19.
Call on marine gasoil (MGO) as an expensive alternative has been less...
Idle Fleet Below ‘1m TEU’ for the First Time in 2020...
According to a Loadstar article written by Mike Wackett, some 90 containerships, equating to over 600,000 teu of capacity, have found employment in the...
Carriers’ Backlog Deliveries To Upset Boxship Trade
Despite the containership orderbook at a historic low, the top carriers have a backlog of 86 ships of over 10,000 teu stemmed for delivery...
FDA To Bypass Federal Approval for Emergency Authorization of COVID19 Vaccines
The chief of the U.S. Food and Drug Administration is prepared to bypass the full federal approval process in order to make a Covid-19...
NSR Cargo Traffic To Significantly Increase Up To 80 mt/year
Thousands of tons of cargo to be transported via Russian Arctic sea route in 2020.
World’s largest sailing ship, ‘Sedov’, arriving at the...
Electric Problem Disables Panamax Bulker
A bulk carrier encountered an electric problem and was disabled on Aug 21 in Indian ocean east of northern Madagascar, reports Maritime Bulletin.
What happened?
Bulk...
New ‘Pollution-Cutting’ Measure Targeting Cargo Ships Adopted
California Air Resources Board adopts their biggest pollution- cutting regulations in more than a decade, which will take effect from 2023.
Regulations to...
Cosco Shipping Port Declares 2020 Interim Results
COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced interim results of the Company and its subsidiaries for the six months ended 30...
No One Wants To Buy Ships Amidst COVID19 & IMO 2020...
The global shipping industry is in the midst of one of its biggest changes in a generation after the imposition of stricter environmental...
Team Tankers Announces Q2 2020 Results
Team Tankers reported EBITDA for the 2nd quarter of $21.7 million.
Net loss in the 2nd quarter of 2020 was $2.4 million.
The...
Asian HSFO Markets Survive IMO 2020 Despite COVID-19
LSFO is the marine fuel of choice worldwide, but HSFO has held its stead in Asia.
Demand for high-sulfur fuel oil is expected...
Freighter Runs Aground on Coastline At Full Speed
According to an article published in Maritime Bulletin, a general cargo ship ran aground on the eastern coast of Tilos island, Greece, Aegean sea.
What...
CSR Software Tools Updated To Comply With IACS Rule Changes
The CSR software products support users with creating designs that will comply with the latest 1 July 2020 RCN for CSR FEA and...
Viswa Group Highlights The Importance of Lubricant Testing for VLSFOs
Viswa Group has embarked on a project to test the demands of the newly evolving lubricants.
Companies are developing new cylinder oils with...
Russia’s Biggest Oil Player Posts a 34.4% Slump in Bunker Sales
Gazpromneft, posts a 34.4% fall in bunker fuel sales for the first half of 2020 in comparison to a similar period last year.
...
Strategic Plans To Slash SOx Emission in Mediterranean
In recent times the United Nations Environment Programme (UNEP) asks the governments frequently to build back greener.
NEP’s Mediterranean Action Plan (UNEP/MAP) aims...
Pilot Fatigue Cited in Marine Towboats’ Collision
National Transportation Safety Board reports of the collision between two towing vessels and analyzes the factors behind the accident.
Towing vessels' collision
At 0408 local time...
