Drewry Plans To Launch BAF Based on LSFO
Drewry will launch the first Bunker Adjustment Factor (BAF) reference price based on low-sulphur fuel.
It will assist shipowners to cover the additional cost of the cleaner, low-sulphur fuel, as the sulphur cap...
Weekly Tanker Report – Week 47, 2019
The Baltic Briefing has issued the tanker report for the 47th week of this year. The report dated 22nd November 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...
Alliances Becoming Obsolete As Carrier Vs Cargo Ratio Gets Imbalanced
According to an article published in Xeneta, with old-fashioned shipping terms such as ‘conference’ or ‘non-conference’ long consigned to a dustbin that contains full sets of paper Ocean Bills of Lading, one wonders if...
Operators Opt for Slow Steaming Amidst Anger at IMO’s Bureaucratic Dilemma
The IMO has decided on a goal-setting approach by member states to decarbonise shipping, rather than progress the proposals put forward by some members for a mandatory speed reduction on vessels and this has...
Loss of Water Engine Shutdown Leads To Bulk Carrier Grounding: Part I
The Australian Transport Safety Bureau has published the Marine Occurrence Investigation report for the grounding of the bulk carrier Orient Centaur in Queensland.
Summary of events
On 6 November 2017, the fully laden, mini cape-size dry...
Revolutionary VIKING LifeCraft™ Approved by DMA
VIKING’s entire LifeCraft™ system has now obtained flag state approval as a novel life-saving appliance, says a press release published on their website.
LifeCraft™ system
The LifeCraft™ system is to be installed on passenger ships for...
EALs Safety Margins Same As Mineral Oil Finds DNV GL Study
According to a Safety4Sea article, DNV GL, together with marine insurers The Swedish Club, Norwegian Hull Club, Skuld and Gard have completed a study of the properties of environmentally acceptable lubricants (EALs) for stern...
DPA Holds Talks on LNG Supply With Italian Delegation
According to an article published in LNG Industry, Egypt’s Damietta Port Authority has received an Italian delegation and hosted talks regarding LNG-related cooperation.
Discussion on LNG supply and infrastructure
Walid Awad, DPA Chairman, received an Italian...
SNG As A Climate Neutral Fuel Increases The Asset Value of Ships, Analysts Say
According to a Loadstar report, a Unifeeder-chartered vessel is to be used for the first trial of synthetic natural gas (SNG) fuel as a key part of the shipping industry’s quest to decarbonise shipping.
Showing...
Shortage of Compliant Fuel in Selected Ports
According to an article published in Ship and Bunker News, gaps in the provision of IMO 2020 compliant fuels could lead to shortages in some ports in Africa, South America, and Southeast Asia.
Adequate supply...