Weekly Bulk Report – Week 30, 2019
The Baltic Briefing has released a report about the dry bulk market of the 30th week of shipping activities of this year. The report dated 26th July highlights the plight of the dry bulk...
Alfa Laval’s Ballast Water Treatment Approved by U.S. Coast Guard!
Alfa Laval's UV-based PureBallast 3 system has received U.S. Coast Guard type approval for discharging ballast water just 2.5 hours after taking it onboard.
PureBallast 3 UV-based systems are competitive when compared with...
U.S. LNG Export Projects On A Bullish Track!
LNG export projects are advancing at a rapid pace with higher volumes from the United States due to shipping demand and long-distance ventures.
Cheniere Energy has made a final investment decision (FID) on...
UK Ignores US! Seeks Europe’s Help To Counter Piracy!
According to an article published in The Guardian, British foreign secretary Jeremy Hunt has conveyed that the United Kingdom will not join the United States to protect commercial shipping from Iranian interference.
What happened?
Speaking to...
What Caused a Fall in Baltic index ?
Baltic Exchange’s main sea freight index fell low weak demand for panamax and supramax vessels.
The capesize index rose 4 points, or 0.1%, to 3,664 points.
The panamax index fell 81 points, or...
[Watch] How European Low Gas Prices Have the Markets Under Pressure
In the recent Platts Market Movers, with associate editor Gary Clark, Nord Stream gas pipeline is set to return from its maintenance shutdown.
This happens at the juncture when gas prices in Europe reach a 10-year...
IMO Endorses Sustainability Theme for 2020 World Maritime
“Sustainable shipping for a sustainable planet" is set as the World Maritime theme for 2020, writes Paul Gunton for an article published in ShipInsight.
Benefits from the theme
This will provide an opportunity to:
raise awareness...
9 More Marine Fuel Contracts Launched Ahead of IMO 2020
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, launched nine more Marine Fuel 0.5% futures contracts ahead of 0.5% sulphur cap by...
Disintegrated Actions Against Scrubber a Concern, IMO
Frederick Kenny, Director of Legal and External Affairs at the IMO, voiced concern over the prospect of fragmented scrubber regulations, reports Ship & Bunker.
Local and regional actions
"The IMO secretariat's view is that global regulations...
Increasing Uncertainty Over Fuel Regulations and Trade Barriers
Container lines had a less-than stellar year in 2018 with increasing uncertainty over fuel regulations and trade barriers.
Fuel prices and US-China trade relations caused in a stumble in the trade rates.
An article published...