Fuel Market Calm Ahead of IMO Changeover
Fears about a shortage of diesel and other middle distillates stemming from new marine pollution regulations have receded.
Distillate premiums have fallen to some of the lowest levels for two years.
According to...
[Watch] Getting Ready for 2020 Fuels
Shipping industry is sailing towards the new sulphur regulations imposed by the International Maritime Organisation (IMO) which will take effect on January 1, 2020. ViswaLab in its latest technical update, has released a detailed...
New T&T Variable Added To Influence Maersk’s Corporate Strategy?
According to a LoadStar report, mod-way through last week’s call between the management team of AP Møller-Mærsk (APMM) and sell-side analysts – when we were all busy paying attention to other matters – CEO...
“K”LINE, FueLNG Ship Management Agreement
“K”LINE and FueLNG conclude ship management agreement for Singapore’s 1st LNG-Bunker vessel, says a Newsletter published in “K”LINE website.
What is the agreement?
Kawasaki Kisen Kaisha, Ltd. (“K”LINE) and FueLNG Pte Ltd. (FueLNG) have concluded a...
14th Term for Singapore in IMO Shows the Growing Clout of It’s Maritime Hub
In a major development, Singapore has been re-elected to the council of the International Maritime Organisation (IMO) for a 14th consecutive two-year term, says a press release published on Singapore Transport Department website.
How Crucial...
Change in Shipping Route, Piracy the Reason?
An article published in News in English reports that, Norwegian shipowning company JJ Ugland may stop sailing off the west coast of Africa, after one of its bulk cargo vessels was attacked by pirates...
Ships Stuck Waiting and Paying More for Fuel at Asian Hub
Ship owners are waiting longer and paying more to refuel at the Asian hub of Singapore, reports Bloomberg.
Industry scrambles
Ship owners are waiting longer and paying more to refuel at the Asian hub of Singapore...
Scrubber Notifications Issued in US ECAs Ahead of 2020
According to a Safety4Sea report, the Office of Commercial Vessel Compliance issued CG-CVC Policy Letter 12-04 in 2012 asking for correspondence from flag administrations regarding equivalencies for exhaust gas cleaning systems (scrubbers) under MARPOL...
[Answer] How To Protect Ships from Cavitation or Corrosion Damage?
Rudders, thrusters, nozzles and other underwater running gear are exceptionally prone to corrosion and cavitation damage. Keeping that in mind, Ecoshield has published a new mechanism explaining how you can prevent corrosion damage.
Here's an...
Futures Contracts To Enable Charterers Hedge Bunker Fuel Risk
Freight Investor Services is helping shipowners hedge their bunker fuel risk ahead of the IMO 2020 deadline, brokering the first futures trade on the SGX Platts Marine Fuel 0.5% FOB Singapore Index.
FIS in the...