Scrubber Retrofits: Who Stays Predominant?

A recent Clarkson Research survey shows that the top 14 yards handling the most amount of scrubber retrofits are all Chinese, reports Splash247. The report also details that growing delays in getting the exhaust gas...

Weekly Bulk Report – Week 38, 2019

The Baltic Briefing has issued its latest dry bulk market report. The report dated 20th September 2019 deals with the market scenario of capesize vessels, panamax, supramax, ultramax and other vessels for the 38th...

2020 Maritime Insights: Issues That Are Likely To Affect the Indusry!

Due to a shortage of trucks in the U.S. and Europe, supply networks are affected around the world and causing backlogs at terminals and ports. The shippers and importers are in a rush...

Amid Freefall in Spot Rates, Maersk To Introduce Environmental Fuel Fee!

The SCFI and container spot rates recorded further rate declines for Europe and the US - 5.1%, to $674 per teu. Mediterranean ports and carriers who introduced FAK increases, the index recorded a...

Maritime UK, DfT and ICS Launches Campaign To Showcase Women at Sea

UK, DFT, and ICS have launched 'People Like Me' campaign for women to help address the perception of the maritime industry. The campaign will highlight women working in a wide and diverse range...

U.S. Looks Towards Asian and European Countries To Import LNG

Louisiana Economic Development is looking towards Asian countries as they are a viable market for U.S. LNG. An LNG company based in Houston signed a 20-year, $30-billion contract with a Taiwan trading company...

Schenker To Be Part of CMA CGM Supply Chain?

According to a Loadstar report, Schenker the German rail operator has approached CMA CGM to be part of its supply chain. The obvious question for most of my trade sources both in Europe and stateside...

JP Morgan Looks ‘Beyond Balance Sheets’, Opts for Clean Vessel Investments

In a major development, J.P. Morgan Asset Management is joining a chorus of global financiers saying that protecting the environment will be a key consideration for extending shipping loans, reports the Wall Street Journal. Environmental...

The Newly Appointed IMO Goodwill Maritime Ambassador Is an Emirati Woman!

In a major development, the International Maritime Organization (IMO) has appointed Dr. Aisha Al Busmait, Director of Government Communications at the Federal Transport Authority – Land & Maritime, as IMO Goodwill Maritime Ambassador, says...

LNG Ship Order Increases As Shipping Looks for Long-term Fuel Solution

More than 170 LNG vessels are in operation and over 180 are in order as LNG orders boom The ability of LNG propulsion to drive larger vessels with larger fuel demands is the...