New ‘Pollution-Cutting’ Measure Targeting Cargo Ships Adopted
California Air Resources Board adopts their biggest pollution- cutting regulations in more than a decade, which will take effect from 2023.
Regulations to create stringent emission standards for diesel trucks and cargo ships.
...
Cosco Shipping Port Declares 2020 Interim Results
COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced interim results of the Company and its subsidiaries for the six months ended 30 June 2020, reports Cosco Shipping in its official website.
COSCO...
No One Wants To Buy Ships Amidst COVID19 & IMO 2020 Uncertainty
The global shipping industry is in the midst of one of its biggest changes in a generation after the imposition of stricter environmental rules.
Ship owners face paying more for cleaner fuel, retrofitting...
Team Tankers Announces Q2 2020 Results
Team Tankers reported EBITDA for the 2nd quarter of $21.7 million.
Net loss in the 2nd quarter of 2020 was $2.4 million.
The average time charter equivalent rate for the fleet was $14,667...
Asian HSFO Markets Survive IMO 2020 Despite COVID-19
LSFO is the marine fuel of choice worldwide, but HSFO has held its stead in Asia.
Demand for high-sulfur fuel oil is expected to remain strong in Singapore.
MPA Singapore sales of 380...
Freighter Runs Aground on Coastline At Full Speed
According to an article published in Maritime Bulletin, a general cargo ship ran aground on the eastern coast of Tilos island, Greece, Aegean sea.
What happened?
General cargo ship MESSILA with cargo of wind turbine blades...
CSR Software Tools Updated To Comply With IACS Rule Changes
The CSR software products support users with creating designs that will comply with the latest 1 July 2020 RCN for CSR FEA and PA applications.
Common Structural Rules (CSR) Prescriptive Analysis (PA) and...
Viswa Group Highlights The Importance of Lubricant Testing for VLSFOs
Viswa Group has embarked on a project to test the demands of the newly evolving lubricants.
Companies are developing new cylinder oils with new additive packages.
These additive packages aim to take care...
Russia’s Biggest Oil Player Posts a 34.4% Slump in Bunker Sales
Gazpromneft, posts a 34.4% fall in bunker fuel sales for the first half of 2020 in comparison to a similar period last year.
The company reports a 5.8% year-on-year increase in its share...
Strategic Plans To Slash SOx Emission in Mediterranean
In recent times the United Nations Environment Programme (UNEP) asks the governments frequently to build back greener.
NEP’s Mediterranean Action Plan (UNEP/MAP) aims to implement the Convention for the Protection of the Marine...