LATEST ARTICLES

Elon Musk’s Starlink Satellites Could Burn Up The Ozone Layer

The proliferation of internet satellite networks, exemplified by Elon Musk's Starlink, is posing a potential threat to the Earth's ozone layer, according to a recent study. This development has raised concerns among scientists about...

July Tanker Market Update: VLCC, Suezmax, And Aframax Perspectives

The latest updates from the tanker market reveal varied trends across different vessel classes, reflecting ongoing dynamics in global shipping. VLCC Market Overview July has seen a gradual increase in stems in the VLCC market, following...

Dual-Fuel Engines: Innovations And Features By Mitsubishi Heavy Industries

Mitsubishi Heavy Industries (MHI) is set to construct two new ships at its Enoura Plant in Yamaguchi Prefecture, scheduled for completion and delivery by the end of fiscal 2027. Innovative Design and Features The ships will...

Global And Local Regulations For Scrubber Wash Water Discharge

The management of wash water from open-loop scrubber systems is critical due to potential contamination and regulatory implications. Understanding global regulations and local variations is essential for compliance in maritime operations. Contamination Risks and Regulatory...

Contrasts In The Tanker Industry: Demolition Plummets, Contracting Surges

The tanker industry is currently experiencing contrasting trends in demolition and contracting activities, reflecting strategic shifts influenced by market dynamics and regulatory expectations. Tanker Demolition Plummeting Tanker demolition rates have reached unprecedented lows in 2024, with...

New IMO Guidance for Ballast Water Quality Management

DNV has issued updates following the IMO MEPC's 81st meeting in March 2024, focusing on ballast water management. Resolution MEPC.387(81) provides interim guidance for ships dealing with challenging water quality (CWQ) conditions, emphasizing compliance...

Accelerating Maritime Decarbonisation: GCMD’s Role and Industry Initiatives

The Global Centre for Maritime Decarbonisation (GCMD) was established in August 2021 following recommendations from the International Advisory Panel for Maritime Decarbonisation to the Singapore Government. GCMD is a non-profit organization aimed at supporting...

Officer Injured During Berthing Operations at Teesport Due to Parted Mooring Line

On 31 January 2023, while berthing at Teesport, UK, the vessel Tortugas encountered a critical incident involving a forward spring line. After securing one spring line and a breast line both forward and aft,...

Houthis’ Attack Leads to Sinking of Coal Carrier in Red Sea

The coal carrier that was attacked by Yemen's Houthi militants in the Red Sea last week has sunk, salvagers confirmed on Wednesday. The vessel was struck with missiles and an explosive-laden remote-controlled boat on...

Are Carrier Services Getting More Predictable?

In a volatile, under-supplied market, it is a reassuring development when carrier services show signs of improvement. Based on Drewry data, we are reaching a stage where carriers are adding new services or reinstating...