‘No Scrubber Only VLSFO’ Near Coastline!
In a major development, the California Air Resources Board (CARB) has announced that they have adopted the 'Fuel Sulfur and Other Operational Requirements for Ocean-Going Vessels within California Waters and 24 Nautical Miles of...
Containership from China Spreads Coronavirus Scare With Affected Crew!
CMA CGM container ship sailing from China reported 6 crew with fever, reports Maritime Bulletin.
Seamen confirmed ill
6 Sri Lankan seamen were confirmed ill with fever and high temperature, on board the container ship CMA...
Lower Vessel Rates Drag the Baltic Index To 4 Year Low!
According to a Reuters report, the Baltic Exchange’s main sea freight index fell to its lowest level since April 2016, dragged down by lower vessel rates across categories.
Latest Developments
The Baltic index, which tracks...
Weekly Tanker Report – Week 4, 2020
The Baltic Briefing has issued the tanker report for the 04th week of this year. The report dated 24th January 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and...
IMO Banks on R&D and Innovation for Zero Carbon Future!
IMO secretary-general calls for shipping's climate change priority at Davos.
Low carbon fuel adapted ships to enter the global fleet by 2030.
Ambitious regulatory targets to enhance technology and innovations for zero-emission shipping.
...
Tote Maritime Alaska To Pioneer Milestone LNG Conversion
US-based Tote Maritime Alaska is taking a multi-year milestone conversion of two coastal ro-ro vessels.
The conversion work will be done dockside and at sea to minimise the vessels’ out of service time.
...
Sediment Observed in VLSFOs at Six Ports!
Sediment problems within VLSFOs has been noticed in a few ports after IMO 2020 was enforced.
The samples from six ports were collected for over a period of four weeks and analyzed.
A...
Coronavirus Could Have Short Term Effects on The Oil Market
Corona virus outbreak can have an impact on the oil market conditions.
Though the tanker market remains strong, rates have started to weaken due to negative psychology.
Differences between 2003 and 2020 are...
California Includes Tankers in Port Emissions Reductions
CARB plans to develop and adopt specific rules and regulations to achieve good air quality.
Under proposed regulations, crude oil tankers and product tankers will be required to reduce emissions during cargo operations...
Oil Prices Tumbled on Crude Inventory Effect!
The American Petroleum Institute (API) estimated on a surprise crude oil inventory build of 1.57 million barrels for the week ending January 17, compared to analyst expectations of a 1.009-million-barrel draw in inventory, reports...