Bulk Report – Week 40

Capesize Despite a week of Asian holidays, it was a surprising start to the week, with rates moving in some key areas, although some moves were attributed to draft issues and rising bunker values. On...

Engineers Working Behind the Scenes on Cargo Vessels from China to Europe

The maritime sea lane between China to Europe is considered as the 'Golden Route' as the trade volume between the countries keeps the route busy and thriving all around the year. However, the men...

Can You Name this Ship Part?

Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here. If you have any picture based or text based challenge...

[Watch] Ancient Salt Lake in China Turned Pink & Green

A salt lake in the city of Yuncheng, north China’s Shanxi Province, has proven that Mother Nature is an unmatched colorist. The waters of the salt lake seem to have been dyed in...

Michael Shuts Nearly 40% of U.S. Gulf of Mexico Oil Output

On October 9, around 40 percent of daily crude oil production took a massive hit in the offshore U.S. Gulf of Mexico wells due platform evacuations and shut-ins ahead of Hurricane Michael. Personnel evacuated The oil producers,...

Online Bunker Platform for Productive Supply Chains

The fuel firm Gastankerrederij Anthony Veder has entered into a partnership with Bunker Connect for the purchase and management of bunker capacity in the ports in the ARA area (Amsterdam-Rotterdam-Antwerp). About Bunker Connect The company Bunker Connect...

Ship Owners Show Hands Amid Sulphur Shakedown

An avalanche of announcements in the past month has cast light, finally, on the post-2020 sulphur compliance options of some important ship owners. Fuel bills set to rise A shakedown is defined as ‘a dramatic change’...

Do Not Wait Too Long Before Installing BWM Systems

The shipowners have been warned not to wait until 2022 to retrofit ballast water management systems as they may face difficulties. Warning Issued In a press release dated 28 September 2018, ClassNK advises existing ships to...

New Marine Fuel Recovery Mechanism from Hapag Lloyd

From January 2020, the maritime industry is set to face great changes as vessels will only be allowed to use fuel with a maximum sulphur content of 0.5 percent. Switching to low sulphur fuels The regulations...

Tanker Report – Week 40

VLCC Healthy activity combined with delays in the East saw rates climb 21 points in the Middle East Gulf to WS 80 for 270,000mt to China and Singapore and 280,000mt to the US Gulf was...