Scorpio Announces Sale and Leaseback Agreements for Four Product Tankers
Scorpio Tankers Inc. announced today that it has agreed to sell and leaseback two MR product tankers (STI Gramercy and STI Queens) and two LR2 product tankers (STI Oxford and STI Selatar) in two...
Asia MR Tanker Freight Rate at Discount to LR1s on Slow Oil Products Trade
In a rare reversal of differentials, the Medium Range Worldscale rates on the key Persian Gulf-Japan and West Coast India-Japan routes have slipped into a discount to the LR1s due to abysmal demand.
A string...
Gate Terminal to Increase Ship Loading Flow Rate
Gate terminal announces that it will invest to increase the ship loading flow rate at the jetties for large ships from the current 2300 m3/hour to 4000 m3/hour to lower port time for vessels....
Noise and Seafarer’s Hearing Loss
Noise has been identified as a major hazard to the health of the seafarers and has been found to cause hearing loss over years of being exposed to various sources like large diesel engines,...
Marijuana Found in Seawater Inlet of Engine Room
On June 21, the Manzanillo Port Authorities discovered suspicious packages stashed in a seawater inlet of an engine room.
What happened?
The vessel ‘MSC Perle’ was intercepted by the Manzanillo Port Authorities based on suspicions. Upon...
[Watch] 2 Ships Sunk Off Coast Become Volusia’s Latest Artificial Reefs
Seas were smooth, skies were blue and more than 70 boatloads of people turned out to watch the sinking of the 150-foot steel cargo vessel, Lady Philomena, and the 90-foot tug Everglades.
For more information,...
Two Ships Reefed on One Day
On June 23, two vessels reefed and reportedly sank after waiting for months in the Atlantic Ocean.
What happened?
The vessels ‘Lady Philomena’ and ‘Everglades’ sank about nine miles east of Volusia county in the Atlantic...
American Shipowner Opts for WE Tech’s Energy Efficiency Solution
The American Shipowner Vulica Shipping has chosen WE Tech Solutions to provide the energy efficiency solution to its two 68000dwt Self-Unloader Bulk Carriers. The vessels were constructed by Jiangsu Hantong Shipyard, China and classed...
Fuels, Lubricants & Green Marine
International Maritime Organization (IMO) fuel rules entering force in 2020 mandate a drastic sulfur reduction. By 2050 the mandate is to cut greenhouse gas emissions of shipping by at least 50 percent.
Marine fuels, lubricants...
‘Be Realistic on Compliance’ Plea from Shipping as Tough Bunker Rules Loom
Compliance is becoming a key issue amongst the shipping industry heavyweights as they gear up for the 2020 sulphur cap.They want a “pragmatic approach” on compliance, in order to smooth imposition of the 0.5%...