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...
Arista To Adopt Smart Shipping Operations
Greece-based shipping company Arista Shipping is beginning its path to smart shipping operations with a new ocean data agreement signed with classification society ABS, reports a press release by ABS.
Metocean Hindcast Data application
Under the...
Weekly Bulk Report – Week 48, 2019
The Baltic Briefing has released a report about the dry bulk market of the 48th week of shipping activities of this year. The report dated 29th November highlights the plight of the dry bulk market...
LNG Deals Fill Adnoc’s Orderbooks Through Q1 2020
Adnoc LNG announced that it has concluded supply agreements with subsidiaries of BP and Total, booking out the majority of its LNG production through the first quarter of 2022, reports Freight Comms.
New supply agreements
“With...
Carriers Hike Rates & Surcharges As New Slack Season Approaches in New Year
According to a LoadStar article, ocean carriers are launching a raft of GRI and FAK rate increases next week to take advantage of an expected cargo rush ahead of the early Chinese New Year ...
Ex-USCG & Intertanko Senior Executive, Angelo Awarded 2018 International Maritime Prize
In a major development, the IMO has announced in a press briefing published on their website that they are conferring the 2018 International Maritime Prize to Joseph J. Angelo, a former US Coast Guard...
Gard’s Risk Based Stowage Guidelines Highlight CINS Firefighting Role
According to a Gard report, addressing Containership fires which occurs due Misdeclaration of hazardous materials is a growing risk endangering the crew and harming the environment. To counter this Gard has launched a new...