Freight Rates Likely To Double With Zero-carbon Transition
International Chamber of Shipping conference was told that freight rates are likely to double during the transition to greener, zero-carbon marine fuels, says an...
Singapore 380-centistoke HSFO Cash Premium Hits New Record
According to a Reuters report, Asia’s cash premium for 380-centistoke (cst) high-sulphur fuel oil (HSFO) cargoes surged to a fresh record on Friday.
Cash premium...
Benefits of FPS Scrubber Clause
The expected price differential between fuels with a high sulphur content and 'compliant' fuels will benefit owners that have invested or are considering in...
Ballast Water Convention To Resurrect Crude Tankers Tonnage Scrapping?
The IMO’s Ballast Water Management Convention (BWMC) is likely to rekindle scrapping activity in the crude tanker market in the remainder of 2019, although...
Petronas To Provide LNG Bunkering Early Next Year
Malaysia’s Petronas is poised to provide LNG bunkering services starting 1 January 2020.
The Southeast Asian LNG major player has ambitions to become...
SFL Bags 5-Year Charters of Three VLCC Newbuildings
Acquisition of 3 VLCC New Buildings with 5-year charters by SFL.
Net purchase price will be $180 million, or $60 million per vessel,...
Weekly Tanker Report – Week 37, 2019
The Baltic Briefing has issued the tanker report for the 37th week of this year. The report dated 13th September 2019 provides a valuable...
[Answer] How To Address Biofouling in an Eco-friendly Way To Optimize...
Ships and ship hulls are important part of the ships that are responsible for some critical environmental damage. The marine life present on these...
[FAQ] Compatibility Issues & Good Practices of Commingling Fuels
Recently CIMAC along with industry stalwarts such as shippers, refiners, and suppliers have issued guidance regarding 2020 fuel compliance. Part of this guidance concerns...
Baltic Index Reels Under Low Capesize Rates, Falls for the 8th...
According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, stretched its losing...