Baltic Index Inches Down on Weaker Demand Across Vessels
On November 19, the Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, edged down, hurt by lower demand across vessel segments.
Key observations
The overall index, which factors in...
ONE’s 4th Newly Built 14,000 TEU Magenta Containership Delivered
On November 26, the company ONE successfully delivered its vessel with a carrying capacity of 14,000 TEU at Kure Shipyard of Japan Marine United Corporation and its sublet owner is Nippon Yusen Kaisha.
The company's...
[Watch] 49′ Crossover Houseboat: An Evolution in Yachting
The Crossover is part houseboat, part yacht, and the best of both. It is a boat that is designed for cruising in rivers, lakes, and protected saltwater. Fiberglass unibody construction means it is low...
The Mounting Risks of Dirty Fuel
Dirty fuel to attract hefty fines.
Responsibilty shift from technicians to crews to ensure fuel is compliant.
Mass Flow Meters helps but not a fix.
From an environmental, regulatory and operational perspective, the pressure...
Visualizing Global Shipping Container Traffic
70 containers per crane per hour, that's how Standardized shipping container improved port efficiency.
China has top 10 ports in the world, as production migrated to countries with cheaper production costs.
Asian countries...
Vessel Incidental Discharge Act is Promising News for BWMS Manufacturers
Vessel Incidental Discharge Act, VIDA approved by the US Senate to differentiate between “live” and “living” organism.
The reproductive ability of the organism will be the key parameter.
Reproductively active organisms can only...
China Upgrades Container Ships on Yangtze River
As an initiative to upgrade its waterways, China has placed a new container ship with a capacity of 1,140 standard containers into service on the country's longest river, the Yangtze.
What happened?
On November 16, the...
The Economics of Scrubbers
Highlights
Private companies joining the scrubber league as IMO 2020 deadline approaches
Two large listed entities install hybrid ready scrubbers
Installation of scrubbers leads to increased cash flow
Introduction
As the IMO 2020 deadline approaches, the...
GoodBulk Delivers Supramax
GoodBulk Ltd. announced the delivery of Supramax vessel to its new owners through a sale agreement initiated in early 2018.
Sale agreement
On November 15, the GoodBulk Ltd. announced the delivery of 'M/V Aquapride', a 2012 built Supramax...
No Repaint Needed After 10 Years Sailing in Ice
The thing about hulls that worries shipowners is its hull coating and whether it will either out through numerous years of sailing in ice. Today, we are going to delve into this area and...