IDSA Aim At Setting A Standard For Exchanging Shipping Data
Faster uptake in the utilisation and sharing of data in shipping is the lack of trust in data and its sharing mechanisms.
IDSA has developed an architecture aimed at setting a standard for...
Carbon Emissions Will Become A Cost Element In Maritime Business
EU proposes a basket of measures to decarbonise the maritime industry, which will influence freight rates in different ways.
The inclusion of shipping into the ETS would be the most influential EU measure...
Green Corridors, A New Framework Created By The Lloyd’s Register
A new framework, created by the LR Decarbonisation Hub, aims to get the industry sharing best practice, helping to scale up smaller decarbonisation successes.
Green corridor is a term used to mean interlinked...
[Watch] Tug Hit By Tanker During Maneuvering
Tug sank after collision with tanker in La Plata port, Argentina, on Oct 16. Tug was assisting tanker to maneuver in port on arrival, understood, she was pulled in to tanker by tow line,...
Scrubber-fitted VLCCs Steadily Increasing Their Market Share
VLCCs fitted with scrubbers are steadily increasing their market share at the expense of the VLSFO-fuelled fleet, reports Ship & Bunker.
VLCCs Demand met
Last month 45% of ton-mile demand for VLCCS was met by scrubber-equipped...
BIMCO COVID-19 Weekly Report
This BIMCO COVID 19 weekly report for the week ending 8 October covers updates from Brazil, Latvia, Oman, Singapore, United Kingdom, the UK P&I Club, and the latest from the International Maritime Organization (IMO).
Every...
Maersk Tankers Take A Holistic Approach To Reduce CO2 Emissions
Maersk Tankers draws on vast amounts of data to optimise voyages and fuel consumption.
The more fuel a ship consumes, the more greenhouse gases it emits – and the higher the cost.
Maersk...
[Answer] How Do Submarines Get Oxygen?
Have you ever wondered about how the crew inside a submarine breathe? It would not be wrong to say that many of us have had this question buzzing in my head since childhood. So,...
Weekly Tanker Report – Week 41, 2021
The Baltic Exchange has released a report about the dry bulk market for the 41st week of shipping activities of this year. The report dated 15th October highlights the dry bulk market conditions at...
Surging LNG Rates Put Spotlight on Global Gas Market Volatility
Large percentage of India's LNG demand uncontracted
Buyers mull switch to long-term contracts, strip tenders
Indian Oil purchased November cargo at $26/MMBtu
Indian LNG importers are turning away from spot purchases due to high...