Lifetime Achievement Award for Thome’s Chairman

Thome Group conferred the Lifetime Achievement Award to their Executive Chairman, Olav Eek Thorstensen at the recently concluded Tanker Shipping & Trade Conference which was held in London on Tuesday 20th November, says a...

How Should Ports Prepare for Autonomous Shipping?

World’s first autonomous electric container vessel is set to be delivered in 2020. IMO giving a clearer framework for future regulation, ports will consider their roles to facilitate autonomous vessels, which they lack...

Scorpio to Install Scrubbers on 52 Vessels for $122 Million

In a recent development, Scorpio Tankers Inc. has announced that they are installing exhaust gas cleaning systems across its fleet. The global marine transportation company has signed an agreement with third parties to purchase...

Rising Ship Supply Helps Ease LNG Charter Rates

Limited availability drove to high LNG shipping rates Rates remained high for most of this year, hitting around $195,000 last month. Prices are falling as more ship are available for spot charters. Inflated spot...

LNG-Fuelled Newbuilds Delivered to Gothia Tankers

Gothia Tanker Alliance announced the delivery of the fourth vessel LNG-fueled vessel  Fure Valö says, LNG World Shipping. Climate-Smart newbuilds Fure Valo, the fourth of Gothia Tankers’ six ‘climate-smart’ LNG-fuelled newbuilds, was delivered from the Avic...

Subsidies Dominate Shipping in Asia

A new scenario has emerged in the  shipping industry of Asia, as the flush cash, government-controlled shipping and port giants created an uneven playing field Vessels at the Daewoo Shipbuilding & Marine Engineering shipyard in...

Alibra Shipping Report- Bulk Carrier S&P on the Up Despite Market Low Point

Dry time-charter rates plunged by 30% of the previous month last week. S&P market is improving with 66% accounted for by bulk carriers and 33% by tankers. The supramax sector accounted for...

DIS Annouces Sale and Leaseback of a MR Tanker

Highlights d’Amico Tankers D.A.C. has signed a MoA and bareboat charter contract for the sale and leaseback of its vessel d’Amico Tankers to generate at the Vessel’s delivery around US$ 8.6 million d’Amico Tankers...

Why this Billion-Dollar Cruise Ship is the Ultimate Ship for Women

Cruise ships are the ultimate way of vacationing but when it comes to women’s safety and luxury there is only one cruise line that fits the bill. Forbes Contributor Laura Begley tells the story...

Merchant Shipping Lacks Safety Net as GPS Disruptions Intensify

Weak GPS signals can be easily disrupted by conflicting signals or spoofed to throw ships off course. 250,000+ incidences of disruption detected by Strike3 between January 2016 and December 2017. Commercial ship owners...