American Oil Growing More Than Saudi Oil, Attracts Huge Investments

America's oil production is booming with a crude oil output on track to average 12.2 million barrels per day (BPD) this year, according to the U.S. Energy Information Agency (EIA). That's an increase of...

‘Lot at Stake in IMO Community’ Says Shipping Associations Ahead of 2020

Amid reports of a number of Asian countries mulling delaying the implementation of the global sulfur cap, due to come into force in just 104 days, a host of leading shipping associations have called...

Bunker Fuel Patents Would Fall Foul?

Steve Simms, Principal, Simms Showers LLP warns suppliers to be mindful of bunker fuel patents, says an article published in Ship&Bunker. Patents on marine fuel recipes The potential impact of bunker fuel patents has been raised...

Futuristic Passenger Ship E-navigation Revealed

    E-navigation is the future for passenger ship voyage planning and execution with ECDIS in the centre linked to other sensors to improve situational awareness. Saga Cruises, DFDS and Carnival discuss their investments in e-navigation technology,...

Evergreen Confirms Newbuilding Project Worth $1.6 Billion

Evergreen has announced plans to build ten 23,000 TEU containerships valued between $1.4bn and $1.6bn. In August, the company announced it scrapping plans and to charter up to 11 mega boxships. It has...

Disabled Cargo Ship Towed To Safety

A towing company based in West Cork towed a disabled cargo ship to safety. The cargo ship broke down in the mid-Atlantic ocean, around 600 nautical miles off the west coast. There were...

A Smart Tug is Much More Than A Floating Tesla!

Riviera’s Smart Tug Operations Conference in Singapore kicked off with a session on the IntelliTug with questions on autonomous vessel technology. The IntelliTug project is a collaboration between Wärtsilä and Singapore’s PSA Marine...

Hyundai Bags Contract To Build LNG Carrier for H-Line

HSHI has bagged a contract worth $191.2 million from H-Line Shipping Company for building an LNG carrier. The is touted to have a carrying capacity of 174,000m³ and is expected to be delivered...

Hapag-Lloyd Launches an User Friendly Insurance

Hapag-Lloyd is expanding its digital product portfolio. The company is now offering its customers an online marine insurance, available on the Hapag-Lloyd website. Customers of "Quick Cargo Insurance" benefit from a particularly user-friendly,...

Weekly Tanker Report – Week 38, 2019

The Baltic Briefing has issued the tanker report for the 38th week of this year. The report dated 20th September 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...