The Maritime Standard Reveals Finalists for 2018 Awards

The full list of finalists for the fifth annual The Maritime Standard Awards, to be held on Monday, 15th October 2018, at the Atlantis, the Palm, Dubai, has been announced. Around 800 high level executives from...

[Watch] 2,500-year-old Greek Ruins Brought to Life

 ANCIENT Greek ruins have been discovered below modern buildings and  brought back to life using modern technology. Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or...

ICS Launches Free Guidance on Preparing for 2020 Sulphur Cap

The International Chamber of Shipping (ICS), to assist shipping companies prepare for implementation of the UN IMO global sulphur cap for ships’ fuel oil, has produced some comprehensive guidance on implementation planning, free of...

Maersk Says Customers to Pay for $2 Billion-a-Year Fuel Hike

Fuel costs will be broken down to make the customers ready for the new fuel pricing. Maersk fuel bill is expected to rise 60% to reach $2 billion in 2020. Charging customers will...

Shipping is Increasingly Caught in the Trade War Line of Crossfire

New trade tariffs on Chinese imports worth USD 200 billion, says US Includes more consumer goods like Christmas toys US move will affect 1.9% of global seaborne container trade Dry bulk commodities to...

Baltic Exchange Shipping Insights – Tanker Report

VLCC Rates were unchanged at WS 55 for 270,000mt from the Middle East Gulf to both China and Singapore, whilst for the US Gulf, Equinor paid WS 20 Suez/Suez for 280,000mt from Basrah. West Africa to...

U.S. Regulator Wants ‘Transparency’ in Fees Charged by Ocean Carriers, Terminals for Containers

FMC plans to keep tracking demurrage and detention issues as report lays out shippers' problems with fees. Answers to shippers and cargo owners A long-awaited report from U.S. regulators on fees charged by ocean carriers...

Goldman: Don’t Expect a Major Oil Price Spike from IMO Regulations

A goldman report says that the bunker issue is solvable as we head for the IMO sulphur cap. The bank estimates about 1 to 1.4 million barrels per day of HSFO will be...

Fire and Explosions in Containers

Statistics released from various trusted sources have indicated that major cargo fire makes headlines in every 60 days. The timeline from putting out the fire to subsequent investigations is a tedious process. Explosion onboard ships There...

Why Scrapping Became Difficult

According to a newsletter analysis published by Alphabulk in association with MundoMaritimo says that the firm was crucial in changing the shipping world by laying new rules. Scenario change Earlier shipping was easy where shippers can...