Refinery News: Muted Impacts Noticed Till Now Due To Strikes in Europe
According to an article published in Platts, some turnarounds are still continuing in Europe while news is emerging on newly planned works for 2020.
Collective labour agreement
Meanwhile, the impact of strikes has so far been...
Top Questions That’s Plaguing the World of Ocean Shipping in 2020
According to an article published in Freight Waves, ocean shipping begins the year with unusually high optimism in the crude-tanker sector and very strong sentiment in the product-tanker and liquefied petroleum gas (LPG) segments.
A...
Interview With a CEO on the Future of Decarbonisation
According to an article by Alibra Shipping, it features an interview with the CEO of a major shipping company, to get their perspective on the future of decarbonisation in the maritime industry.
What is...
Container Spot Rates Pushed Up, Tighter Supply a Reason?
Festive boost for container lines as tighter supply pushes up spot rates, says an article published in The LoadStar.
Rise in container spot rates
Container spot rates from Asia to Europe and the US soared in...
Dry Bulk Demand Slump As a Fallout of 2020
Good news if you’re a shipper of coal, grain and iron ore: Ocean transport is once again looking cheap in 2020.Bad news if you’re an owner of a dry bulk carrier: Income at the...
‘Very Long’ Waiting List for Scrubber Installation, Says Wartsila
According to a Platts article, there are "very long waiting lists at some shipyards," particularly in China, for installation of scrubbers on vessels to ensure compliance with IMO 2020 marine fuel regulations, a leading...
[Watch] Horrifying Video Shows Huge Wave Sweep Beachgoer into Ocean
The nine-second video shows the man standing on a rocky outcrop at Bonny Doon Beach in Santa Cruz, California. A couple of seconds into the video, one particularly large wave crashes over the man,...
S.Korea Retains Its No.1 Spot
South Korea's shipbuilding orders kept the No.1 spot for two straight years to 2019, reports Xinhuanet.
Local shipbuilder’s new orders
South Korea's shipbuilding orders kept the No.1 spot for two straight years to 2019, taking over...
Why Box Lines Rush for Scrubbers?
With high-sulfur fuels currently around half the price of low-sulfur options, container lines are rushing vessels to shipyards to get scrubbers fitted with the new International Maritime Organization (IMO) rules, reports Benzinga.
What is the...
GSF Waves Red Flag Around New Low Sulphur Fuel Surcharges
The Global Shippers Forum (GSF) has issued a warning to ocean freight customers as they find themselves saddled with the extra cost of cleaner fuel, compliant with the new IMO low sulphur regulations that...