MSC Takes Note of Ship Security Problems in It’s 101st Session
In MSC's 101st session several topics were discussed including the security risk posed by pircay and armed robbery in ships. Based on latest piracy statistics MSC put forward some insights for shipowners in this...
Maersk Advances PBF Logistics Clean Bunker Fuel Supply Deal by Two Months
According to a Platts article, PBF Logistics' agreement to supply shipper A.P. Moller-Maersk with low sulfur bunker fuel will start in October, a company executive said Thursday.
How will it be done?
"The Maersk processing agreement...
Shipowners With Scrubbers Likely To Be Outplayed by Oil Refiners As 2020 Nears
Shipowners are installing scrubbers as mini oil refineries to desulfurize higher sulfur bunker fuel. This is a bet they can beat oil refiners at their own game. However, these scrubbers do not have the...
[Answer] What Are the Legal Implications of a Mega Boxship Casualty?
As we approach towards the post IMO 2020 sulphur regulation there are certain legal implications that we would be aware of. Cargo claims and other legal implications in case of boxship casualty, is one...
Panama Canal Expansion All Set To Improve Global Trade
Panama Canal now accounts for around 12 percent of the country’s economy with the 6,000th new Panamax (or Neo-Panamax) ship passed through the canal in April.
The improved canal is precisely 1,200 feet...
Bureau Veritas To Operate in China’s Free Trade Zone
Bureau Veritas has been approved by the China Maritime Safety Administration to operate in China's free trade zones.
BV is the first overseas ship classification organization that is allowed to provide services in...
Wallem Group OEM Awarded To MAN PrimeServ
MAN PrimeServ has signed an Original Equipment Manufacturer agreement with Wallem Group.
The company will provide service and supply parts to its main engines, generators, and turbochargers aboard vessels managed by Wallem.
The...
[Watch] China Launches World’s First Smart Oil Carrier
China launched the world’s first intelligent mega tanker 55 meters high, 300 meters long, roughly the size of three mega football fields, with a capacity of 308,000 tons.
A part of the fleet...
Asia LNG Cargoes Trade Below $4 After Couple of Years
Cargoes of liquefied natural gas are trading in Asia below $4 per million British thermal units for the first time in several years, as new supply floods the global pool and as demand from...
AAL Prepares for IMO 2020 Regulation
Singapore-based multipurpose shipping company AAL shipping plans to move forward over the coming weeks and months to fully prepare for the important milestone in the shipping and maritime sector by using low sulphur fuel,...