Weekly Tanker Report – Week 50, 2019
The Baltic Briefing has issued the tanker report for the 50th week of this year. The report dated 13th December 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...
Maersk’s OceanPro Unveils Second Cohort of AI, ML-based Indian Start-ups
According to Indian Transport & Logistics News, OceanPro, the start-up accelerator of Maersk for shipping the logistics industry, announced the graduation of its second cohort of Indian start-ups showcasing the artificial intelligence (AI) and...
MSC Reaffirms Its Decarbonisation Commitments Defends Carbon Footprint
According to a Splash 247 report, Mediterranean Shipping Company (MSC) has defended its carbon footprint, having been labelled Europe’s eighth largest polluter in an NGO report earlier this week.
MSC Environmentally Efficient?
MSC issued plenty of...
How Carbon Capture Storage (CSS) Can Help in Decarbonisation?
It is unfortunate that writing about Carbon Capture and Storage (CCS) for the Technology Outlook 2030 is not dramatically different to previous editions. The technology is well established and an essential decarbonization tool, especially...
IMO Warns of Decarbonisation Confusion As EU Pushes for ETS in Shipping
In a moment of deja vu, the IMO finds itself addressing the policy of the EU towards GHG emissions. Only this time, the effort to regulate shipping emissions on an EU level is larger...
IMO 2020 Changing the Oil and Shipping Industry Like Never Before!
The tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades, reports Reuters.
What the regulation means?
From January 2020, United...
Hottest Energy Trades Becoming the Trickiest To Make Profit
According to a Bloomberg article, one of the hottest trades this year across energy markets is proving one of the trickiest to profit from.
What is the difference in fuel oil from 2020?
Starting Jan. 1,...
[Watch] Dramatic Video of Crew on Capsized Ship Hull Airlifted by Helicopter
According to a recent FleetMon report, fishing vessel MIN SHI YU 07705 with 14 crew, caught in stormy seas, capsized early in the morning Dec 5 in Fujian Province waters, China, northern Taiwan Strait.
Fujian...
Autonomous Ship Handling With Tugs! Is It Feasible?
Are autonomous tugs feasible? A good question, but let us first make clear what autonomous vessels are, because the term autonomous is not always used in a correct way writes Captain Henk Hensen for...
2020 Dynamics Started Redefining Key Trade Routes
Shippers have less than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are already redefining key trade routes in the global oil-product markets, reports Bloomberg Quint.
Dried...