China – South Korea Issues Ballast Water Exchange Rules Exemptions
According to BIMCO, China and South Korea, the two countries have agreed on exemption of ballast water exchange requirements for international ships sailing between these two regions, as there were difficulties in conducting a...
MPC To Use Insurance Payout To Finance Scrubbers
Norwegian feeder container ship operator MPC Container ships has called a meeting with investors as it seeks to use the insurance payout from a constructive total loss to part finance its scrubber installation programme,...
Hudson Shipping Lines Pledges ‘No Scrubbers’ Usage Policy
In a major development, the Hudson Shipping Lines announced that following the implementation of the IMO2020 sulphur cap on January 1, 2020, they will not employ vessels with scrubbers installed for the purpose of...
The Northern Europe Service Gets Its Second LNG Fuelled Feeder Ship
Hamburg-based Containerships takes up delivery of 1,380-TEU, LNG-fuelled Containerships Polar, for service between Northern Europe, the Baltic states and Russia.
Containerships Polar, one of the 4 LNG fuelled feeder ships to enter the...
[Answer] What Qualifies 0.5% Sulfur Marine Fuel Blend As Marine Bunker?
With IMO 2020 deadlines just few months away, President/CEO, Refinery Automation Institute, LLC, Ara Barsamian says, the importance of viscosity is overlooked in the scramble to make compliant 0.5% Sulphur fuel. In an article...
Desgagnés Christens and Inaugurates Duo Polar Class Dual LNG Vessels
Desgagnés christens and inaugurates two polar class dual fuel/LNG vessels, reports LNG Industry.
Duo tankers christened
Desgagnés has proceeded with the double christening and inauguration of the two leading-edge polar class dual fuel/LNG petroleum/chemical tankers:
the...
Weekly Bulk Report – Week 25, 2019
The Baltic Briefing has released a report about the dry bulk market of the 25th week of shipping activities of this year. The report dated 21st June highlights the plight of the dry bulk...
Sembcorp Marine Secures $1.5 Billion Loan To Position for Offshore Recovery
Sembcorp Industries has provided Singapore’s offshore rig builder Sembcorp Marine with a five-year subordinated loan facility of $1.5 billion.
The move is expected to strengthen Sembcorp Marine’s financial position amidst the current downturn...
Future Mayport Based Ship Involved in a Collision in Canada
According to an article published in First Coast News, it has been learned that the future USS Billings, a littoral combat ship planning to call Mayport home in August, collided with a cargo vessel.
What...
Refinery Fire Sparks Tanker Rally
A fire that broke in one of the oldest and largest oil refineries serving the US east coast has affected product tanker trades.
The fire has reduced the need for crude oil being shipped...