[Answer] How To Address Biofouling in an Eco-friendly Way To Optimize Speed?

Ships and ship hulls are important part of the ships that are responsible for some critical environmental damage. The marine life present on these hulls is known as biofouling which may pose a threat...

[FAQ] Compatibility Issues & Good Practices of Commingling Fuels

Recently CIMAC along with industry stalwarts such as shippers, refiners, and suppliers have issued guidance regarding 2020 fuel compliance. Part of this guidance concerns the fuel compatibility issues and the suggested good practices that...

Baltic Index Reels Under Low Capesize Rates, Falls for the 8th Straight Session

According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, stretched its losing streak to an eighth straight session on Monday, hurt by...

Why Did Protests Break Out at the Houston Ship Channel?

Expansion of the Houston Ship Channel is crucial to US national and economic security and for regional prosperity. Greenpeace protesters shut off access to the Houston Ship Channel by suspending themselves from the...

Infographic – Europe Balances Global LNG Market

  An offhand LNG supply demand growth in Asia, notably from the US, supports the view that European gas hubs will balance the global LNG market for the rest of the year, reports S&P Global...

Global Ocean’s JV To Help Evade Significant Risks?

Golden Ocean has signed a non-binding term sheet to buy 10% of a bunkering joint venture (JV) together with global trading giant Trafigura, and tanker company Frontline. The JV will ensure a prompt...

What Do the Poseidon Principles Promise?

A number of the world’s biggest banks have joined forces with the Global Maritime Forum and other industry leaders to develop the Poseidon Principles. The initiative is expected to evolve as the IMO...

Wartsila Design MPSVs To Get PG Solutions Liquid-Cargo Systems

Fujian Mawei Shipbuilding Ltd has placed orders with PG Flow Solutions to supply large liquid-cargo systems and associated equipment, reports SteelGuru. The order Fujian Mawei Shipbuilding Ltd has placed orders with PG Flow Solutions to supply...

Review of Long-term LNG Contract Prices?

According to a Platts report, India may look at renegotiating pricing of its long-term LNG import contracts to help reflect falling rates of the spot market, said on Monday. Open for negotiation India is open to...

INTERTANKO Developing IMO 2020 Implementation Practical Guide

Practical challenges with fuels availability and compatibility. Flag and Port States to implement the regulation uniformly and consistently. Scrubbers increasingly viewed as a vital solution to alleviate the pressure on low sulfur fuel...