Seatrade Maritime Awards: 2019 Finalists Revealed
Seatrade Maritime has announced the finalists for 2019’s Seatrade Maritime Awards.
The ceremony will be held on 22nd September 2019 at the Madinat Jumeirah, Dubai, UAE.
The finalists were shortlisted and judged by...
Will Oil Refiners Profit From IMO’s Ban on Dirty Ship Fuel?
IMO's global ship fuel regulations are finally delivering a long-awaited benefit to Asian oil refiners mainly Sinopec and Reliance Industries.
Refiners in China, South Korea, and Taiwan were forced to reduce operating rates...
Maersk Focuses on Profitability As It Benefits from Trade Liberalisation
The world’s largest container shipping company AP Moller-Maersk has overcome worries about fallout from the US-China trade war to deliver better than expected profits but says it is planning for a sustained global slowdown,...
IMO Issues Guidelines on Ship Safety in Polar Waters
IMO's MSC press briefing highlights the polar ship safety issue as more and more ships are going for arctic voyages. A detailed press release published on the IMO website put forwards the basic guidance...
Asian Oil Refiners Riding High on 2020 Fuel Rules?
According to an article published in World Oil, the imminent overhaul of global ship-fuel regulations is finally delivering a long-awaited benefit to Asian oil refiners.
How high are profits?
Profits from turning crude into diesel in...
[Answer] How To Convert Your Liabilities Into Assets With Ship Designing?
Shipping has the capacity to redesign and reimburse their vessels into a more utility driven product. This phenomenon of converting liabilities to assets is a known thing but not all know how to do...
Weekly Tanker Report – Week 33, 2019
The Baltic Briefing has issued the tanker report for the 33rd week of this year. The report dated 16th August 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...
36 Bus Long Cargo Ships Arrival in Europe Speaks of Shipping Future
According to an article published in Telegraph UK, the World's largest cargo ship has arrived in Europe.
MSC Gülsün
MSC Gülsün, has docked in Europe after its first voyage from northern China set a record for...
Agreement Signed for Singapore’s First LNG Dual-fuel Powered Bunker Tanker
Marine Vicky will be fitted with ExxonMobil’s new EMF.5™ Engineered Marine Fuels.
It is also Singapore's first bunker tanker to be powered mainly by liquefied natural gas.
LNG-powered bunker tankers are eligible to...
What Happens When A Cruise Ship Is Arrested and Fined Mid Voyage?
According to an article published in Maritime-Executive, a cruise ship with passengers onboard was briefly arrested on Baffin Island earlier in August.
What happened?
The arrest is considered to be a rare occurrence in the passenger...