Pallas Makes Tanker Move
Swedens Pallas Group has added its first crude tanker, reports Splash247.
Tanker renamed Pallas Orust
Smart Energy, a subsidiary of the company, has snapped up the 114,000 dwt Pytheas (built 2004), a ship sold by...
Boxships Business Uncertainty Remains US-China Trade War Thickens
Since Chinese trade and economic statistics are typically opaque, we’re going to look primarily at the American economy to see how it has been affected by Mr. Trumps’ trade war, and see what we...
Maersk-MSC Suspends Asia-Europe Loops To Avoid Blank Sailings
In a major development, Alliance partners Maersk and MSC have announced that they are to “temporarily suspend” their AE2/Swan Asia-North Europe loop from the end of the month until mid-November, removing up to 20,000...
Predictions on New Fuel Prices After 2020
Various consultancy and statistical analyses organizations and some major shipping companies are making their predictions/projections on the pricing of the new 2020 fuels. Viswa Lab in its latest technical update briefs about the same.
Predictions...
Europe Gas Market Affected As Countries Imports More LNG
Low liquefied natural gas (LNG) spot prices amid abundant supply and weaker Asian spot demand this year have helped Europe to fill its storage tanks to more than average levels this summer, says an...
Green Lobby Says Air Getting Cleaner With LNG and Not Fossil Fuels
Environmental pressure group NABU says the air is getting cleaner as part of its latest assessment of cruise ships, reports Ship & Bunker.
Growing climate footprint
NABU released its latest annual assessment of the cruise sector's...
Swift Action at Freeport To Control ‘Water Soluble’ Liquid Spill
Prompt action was taken by the authorities after a “water soluble” liquid was spilt from a container ship at the Freeport, reports Times Malta.
What happened?
A Freeport spokeswoman said that the incident happened when a...
Cosmo Starts Compliant Fuel Production To Increase Fuel Capacity Ahead of 2020
According to an article published in Nasdaq, Cosmo Oil, Japan's third-largest refiner, has started building stocks of very low-sulphur fuel oil (VLSFO) that can be supplied to domestic marine fuel markets from October ahead...
To Scrubber Or Not To Scrubber – The Question for Carriers
According to Drewry, IMO’s 0.5% sulphur content regulation is set to divide ocean carriers into two distinct low and high scrubber groups, says an article published in The LoadStar.
Low-scrubber group
According to Drewry, the first...
Clauses That Help in Sharing Scrubbers and Fuel Profit
As the IMO 2020 sulphur regulation deadline approaches fuel and scrubbers profit clauses are getting clearer, says an article published in Mondaq and here we are chronicling it.
Equivalent Methods of Compliance
From 1st January 2020,...