Sidley Attorneys Offer Tips for 2020 Compliance

Shipping companies and cruise lines need to pay attention to the new limits on sulfur content of fuel that take effect Jan. 1, 2020. A recent Bloomberg Environment article lists the changes examined and...

Shipping’s Liquid Fuel Alternative is Already Within Reach

Chief Operating Officer of the Methanol Institute states that the majors have already come out in support of LNG as fuel; it forms a major plank of their energy transition strategies with strong messages...

Green Maritime Methanol Consortium Welcomes Two Leading Shipowners

The Green Maritime Methanol consortium reviews the possibilities for renewable Methanol as a maritime transport fuel. The consortium has recently extended its membership with the addition of two leading shipowners; Arklow Shipping and DEME,...

Capesize December Morning Technical Comment

Resistance - 21,443,21,745,22,375 Support - 20,616,20,329,20,045 Current Price - USD 20,750 Bull Argument RSI in divergence Bear Argument RSI is below 50 Synopsis - Intraday Price action remains technically corrective below the 8-21 period EMA's The RSI is in...

One of a Kind Market Along the Alang Coast Selling Odds and Sods

At Alang on the western coast of India, one may find second-hand doors, lifebuoys, light bulbs and other salvaged goods from broken ships, reports Atlas Obscura. Doors to Lifebuoys Rajubhai Kanubhai Baraiya owns one of the...

BIMCO Launches New Study Programme for 2020

BIMCO’s Summer Shipping School in Copenhagen has been a regular fixture on the maritime training calendar since 2002, but this summer saw the launch of an all-new programme from the organisation aimed at covering...

DSME: First LNG Carrier With New Air Lubrication System

Daewoo Shipbuilding & Marine Engineering successfully built an LNG carrier equipped with an air lubrication system, reports Yonhap News Agency. It was announced on 18th that it was delivered to the owner. DSME ALS system The vessel...

IMO Laws Move the Bar on Low Sulphur Sweet Crudes

IMO 2020 shipping fuel regulation has triggered a shift in oil market fundamentals, increasing the desirability of low sulphur, sweeter crudes with the ability to be blended into the low sulphur fuel oil pool,...

Singapore-Flagged Vessel Auctioned On Taobao for S$16.7 Million

According to an article pulished in Insider Financial, a Singapore-flagged vessel was recently auctioned off on online shopping platform Taobao for 81 million yuan (S$16.7 million). Offers from six bidders The crude oil tanker, which was...

Shipping Company Fined $3 Million by U.S. Court

According to an article published in St.Thomas Source, the U.S. District Court issued a criminal fine of $3 million to Ionian Shipping, Lily Shipping and several principals after convicting them of crimes connected to...