UK-Based Maritime Society Creates Model of Blockchain-Based Ship Register
Lloyd's Register (LR), a British tech and business maritime classification society, has created a model of a blockchain-powered class register of ships, according to an official press release published September 4.
Partnership
LR’s new class register...
Star Bulk Entire Fleet Goes for Scrubber
Star Bulk Carrier plans to install scrubbers in its entire fleet by 2020.
It has secured 3% debt to cover up 70% of the cost.
The estimated expenditure is below $2.0 million per...
South Korea Bunker Spread to Singapore Narrows on Easing Tightness
As the South Korean market recovers, the bunker fuel price spread between South Korea and Singapore narrowed down in recent days, reports Platts writer Jeslyn Lerh and editor Liz Thang.
As per an...
Hurricane Florence Nears Category 5
On September 11, more than 1 million people on the southern East Coast of the United States faced mandatory evacuation orders as Hurricane Florence neared Category 5 strength.
What happened?
The Hurricane Florence was upgraded twice...
Alfa Laval Addressing 2020 Fuel Challenges by Optimizing the Entire Fuel Line
Alfa Laval is optimizing its fuel line to protect the engine and ensure fuel efficiency.
This is appropriate for the complex low sulfur fuels that'll be available post 2020.
Already capable of fuel...
Maersk Ship Hauling Garbage as $20 Million Clean-up Starts
A $20 million project by Maersk will tow up 87000 tons of plastic from the Pacific Patch.
The 2000ft oil boom will be towed by a 6ft net which will pull up the...
DNV GL “Carbon Robust” Ship Designs Offer Competitive Edge
The DNV GL has released its second edition of Maritime Forecast to 2050. This release is a part of a suite of Energy Transition Outlook (ETO) reports.
Forecast of maritime energy
The Forecast provides an independent...
Oct 1 Deadline! China Bans Ships with No Scrubber
As of 1 October 2018, ships operating in China’s Yangtze River Delta domestic ECA can no longer use fuel with a sulphur content exceeding 0.5%, unless an approved exhaust gas cleaning system is installed.
Issuance...
983 Vessels have Opted for EGCS
In a recent turn of events, major shipping operators Spliethoff, Frontline, DHT and Star Bulk have opted for scrubbers.
Preferred option for shippers
This move by major players has further been confirmed by multiple container...
Tainted Shipping Fuel Sparks Calls for Tighter Quality Control
A recent news report by Reuters says that a wave of contaminated fuel that has clogged and damaged engines on hundreds of oil tankers and container vessels in the past months, has pushed shippers...