Another Country’s Top Refinery Starts LSFO Production

Viva Energy is now producing IMO2020 grade fuel oil at its Geelong refinery in southern Australia. Marine fuel used in Australian waters is currently restricted to 3.5% sulfur bar in some ports, which...

MAN Energy Solutions Integrates With MESPAS Connect

One of the world’s largest maritime suppliers, MAN Energy Solutions, has integrated with the electronic procurement platform MESPAS Connect, resulting in faster, easier and more efficient purchasing. With the integration of MAN Energy...

What’s in Store for LNG Fuel? 9mtpa Increase Says McKinsey

IMO has introduced global limitations on sulphur emissions by ships that have been set-forth by MARPOL on using high-sulphur fuel oil (HSFO). Solutions include installation of scrubber systems to remove sulphur from the gas stream,...

Ocean Tanker Evaluates IMO-compliant Fuel While FMC Keeps Tabs on LSFO!

Ocean Bunkering Services, a top marine fuel supplier in Singapore has started testing its VLCC with LSFO ahead of IMO regulations. The demand for low-sulfur marine fuels in Singapore climbed to a record...

U.S. Advises Ships To Keep AIS Turned On!

According to an article published in Reuters, the United States has issued an advisory to all ships to keep their tracking transponders on to cut down on illicit activity and smuggling and to increase...

Diana Shipping Releases 2019 Financial Results for Q2 and H1!

Net income and net loss attributed to common stockholders for the six months ended June 30, 2019. It amounted to $1.7 million and $1.2 million, respectively, including a $7.5 million impairment loss. This...

[Watch] A Giant OOCL Boxship That Can Handle 8 Megaships

In a major development, the Hong Kong Seaport Alliance (HKSPA) has welcomed a mega-sized containership OOCL Hong Kong on its maiden call to Hong Kong at the HKSPA’s facilities at Terminal 8 on Thursday,...

IMO 2020 Alternative Fuels Symposium – What’s To Expect?

According to a recently released IMO circular, the International Maritime Organization is hosting a Symposium on IMO 2020 and Alternative Fuels on Thursday, 17 October and Friday, 18 October 2019 in the Main Hall at...

Compliant Bunker Fuel Charter – Is It A Risk for the Long Haul?

Tensions due to the arrest of vessels in July, saw a very minimal impact on freight rates and crude prices. When all British flagged carriers are taken out of the total trading tanker...

No New Orders, But Scrubbers Excess of IMO Forecast

There's a growing perception amongst analysts that the scrubbers interest is waning as premiere companies such as Alfa Laval and Wärtsilä issued their Q2 financial reports earlier this month which shows a slowdown in...