Crew Can Say No To Hormuz Route

Warlike Operations Area Committee says waterway high-risk. Seafarers transiting area may receive double pay under accord. The crews of some ships transiting the Strait...

IMO: Latest Ratifications To Two Important Treaties

According to an article published in Sea News, ​Germany is the latest country to accede to IMO’s treaty for safe and environmentally-sound ship recycling –...

Weakening Global Refining Demand May Offset Strong Margins for Cleaner Fuel

According to a Platts report, Refiners and analysts see stronger refining margins resulting from the International Maritime Organization's impending requirement that ships use lower-sulfur...

Refining Margins Rebounding As IMO Nears?

In a recent development, South Korean refiner SK Innovation has raised its forecast for profit margins on distillates in this year's second half, as...

GC Rieber Inks Ship Management Agreement With Nexans

GC Rieber Shipping (RISH) has agreed with Nexans Skagerrak AS, to enter into a ship management agreement for the cable laying vessel, says an...

Focus on Shaft Line Solutions Along With BWMS Upgrades

The legislation surrounding ballast water management systems is one of the current themes within the maritime industry, says an article published in Riviera Maritime...

November 1, IMO 2020 Transition Date, Says Singapore

November 1 is set as the “Transition Date” to the lower sulfur IMO grade fuel for Shipping companies, says an article published in Ship...

Safety Management Implementation Failure Causes Grounding of Vessel

On October 13, 2016, at 0108 local time, the articulated tug and barge (ATB) Nathan E Stewart/ DBL 55 ran aground on Edge Reef...

Castor Maritime Inc. Acquires It’s Second Dry Bulker

Castor Maritime Inc. entered into an agreement to purchase a 2001 Korean built Panamax dry bulk carrier from an unaffiliated third party. Addition...

Double Acting LNG Vessel To Run Through the Northern Route

The ARC7 ice-breaking LNG carrier Nikolay Urvantsev is specially designed to operate on the Northern Route to Russia’s Yamal LNG project above the...