HSFO Availability for Bunkering in Singapore Remains Tight

A shortage of high-sulphur fuel oil (HSFO) supplies in Singapore and quality issues with several cargoes are keeping delivered premiums for bunkers at the port at elevated levels. Supply availability of HSFO has...

ClassNK Provides Zero-Emission Transition Support Services

Tokyo – More than 120 countries and regions have pledged to achieve carbon neutrality by 2050, and governments have made their GHG reduction targets more ambitious. Meanwhile, sustainable finance for pursuing zero-emission is...

Barge Company To Pay $6.6 M in Penalties for 2008 Oil Spill

An Indiana-based barge company has agreed to pay more than $6.6 million in penalties for causing a July 2008 oil spill in the Mississippi River. It has spread more than 100 miles downriver...

Singapore-flagged Bulker Banned by Australia, Seafarers Underpaid

The Australian Maritime Safety Authority (AMSA) bans the Singapore-flagged bulk carrier Western Callao from Australian ports for 6 months due to violations of the employer agreement. AMSA inspected the ship at Port Adelaide...

What Is The Dry Cargo Freight Rates Mystery?

the Baltic Index started the year with rates at approximately 1583 and finished at the end of March 2083 with an apparent 25% raise, you’d expect that there would be stronger cargo volumes...

Marlink Crosses 1,000-vessel Milestone for ITLink Monitor

Marlink, the leading provider of smart hybrid network solutions, has reached the 1,000 ship milestone for ITLink Monitor, its solution for simplified IT system monitoring and compliance, reports the website. Growing interest in ITLink Shipowners and...

Dry Bulk Shipping Rates Reach $80,000 Per Day As Buyers Compete For Coal

dry bulk shipping rates hit $80,000 per day as buyers scramble for coal amid coal shortages and power outages, bulker owners stand to gain more coal to keep the power on in the...

Reducing Carbon Emissions Through Premium Performance Antifoulings

Japanese paint manufacturer, Chugoku Marine Paints (CMP) has developed innovative technology for more than a hundred years and has become a worldwide manufacturer and distributor of marine coatings for all types of vessels; from...

Aircraft Goes Down Following Fuel Starvation

A light aircraft crashed into the Solent after suffering a loss of power that was "probably" caused by fuel starvation, reports Daily Echo. Aircraft crashes after fuel starvation The Air Accidents Investigation Branch (AAIB) has published...

Drewry Introduces ‘Container Carrier Industry Maturity and Risk’ Matrix

Drewry introduces container carrier industry 'maturity and risk' dashboard the container carrier industry maturity and risk matrix identifies and tracks major industry drivers and trends, categorized under 3 main headings the Drewry Container...