Where are the Metrics for Morale in Shipping?
Moral is not something that is recognised by today’s modern accountancy trained managers who are good at counting the beans and just take decisions in too much of the marine or perhaps in any...
LNG Shipping Rates Spike with Seen Through 2019
LNG rate spike continues as the price increased to $95,000 from $75,000 a day at the end of August.
LNG transportation from terminals in USA and Russia is driving up the rate.
Ship...
Europe has Capacity to Recycle its Ships
Ship recycling yards approved by the EU will have enough capacity to handle demand from EU-flagged ships that need to be scrapped, a new analysis shows.
Low-cost ship ‘breaking’ yards
The shipping industry wants low-cost...
Exxon Starts New Unit to Raise Ultra-Low Sulfur Fuels
In a major development, Exxon Mobil has started operations at a new unit in their 366K bbl/day integrated Beaumont, Tex., facility in order to increase the production of ultra-low sulfur fuels by 45K bbl/day....
Bunkering Sector Mulls Biofuel Use in 2020
As the bunkering industry gears up for the International Maritime Organization's tighter sulfur emission standards from 2020, some market participants have been promoting the blending of biofuels as one possible way of reducing emissions.
Alternate...
Magnificent VLCC-seven for TMC
TMC will supply marine compressed air systems for DSME's VLCCs.
The 7 VLCCs are a part of the Norwegian Hunter Group which are scheduled for delivery prior to the 2020 deadline.
TMC's compressors match...
Venezuela Faces Fresh Blow With Ship-Fuel Rules
The new fuel rules regarding the use of clean marine fuels are delivering a big blow to cash-strapped Petroleos de Venezuela SA. Petroleos de Venezuela SA is the largest exporter of high sulfur fuel...
2020 Fuel Surcharges Could be Reduced
The fuel surcharges that some container shipping companies are intending to pass on to customers as they look to meet the 2020 sulphur cap, could be reduced for the mutual benefit of shipowners and...
Tight October Expected for Fuel Oil in Northwest Europe
ExxonMobil to stop RMG 380 CST fuel from its 320,000 b/d Antwerp refinery.
Fuel oil loadings for Singapore in September is under 1 million mt,
when compared with just under 700,000 mt in...
Chevron IMO 2020 Ready Lubricants
Chevron Marine Lubricants has developed a range of cylinder lubricants that is compatible with virtually all available global sulfur cap 2020 fuel compliance options.
Multi-fuel future
As the global shipping industry prepares for the arrival of...