Panama Changes Bunker Regulation! Maneuvering Fuel Requirements Revised
The Panama Canal Authority has issued advisory in order to inform on a few revised requirements regarding the maneuvering operations in Canal waters, effective as of January 2017.
In particular, since January 1, 2001, the...
Malacca and S’pore Straits Traffic Hits New High in 2016
Despite the difficult shipping markets in 2016 traffic in the world’s busiest shipping lane – the Straits of Malacca and Singapore (SOMS) – were up 3.4% to a new all time high of 83,740...
Liberian Registry Launches Innovative Website
The Liberian Registry has further strengthened its industry-leading role for technological innovation by relaunching its website in an ultra-user-friendly format.
Among other things, owners and managers of the 4,150-plus vessels in the Liberian-flag fleet will...
Singapore Marine Fuel Sales at Record High in January
Sales volumes of marine fuels in Singapore surged to a record 4.46 million tonnes in January, the highest in any month since records began, easing concerns that mass flow meters (MFM) could negatively impact...
Baltic Dry Index Falls to 685, Down 3 Points
The Baltic Dry Index (BDI) on Tuesday fell under the 688 mark, dropping 3 points on the day to 685, continuing a significant reversal in gains made since August.
On Monday, Baltic Dry Index (BDI)...
ISO Publishes New Standard for Safe LNG Bunkering
The International Organization for Standardization (ISO) announced the publication of ISO 20519, a new standard for the safe bunkering of ships with liquefied natural gas (LNG).
"Some ships in northern Europe have been using liquefied...
CO2 Reduction Target Certified as “Science Based Target (SBT)”
“K”Line’s CO2 Reduction Target Certified as “Science Based Target (SBT)”: Evaluated as the Goal to Contribute to the Paris Agreement
“K” Line’s CO2 reduction targets were approved to be scientifically consistent with the level achieving...
A Little-Known Shipwreck in Greece that Cost More than 4,000 Lives
One of the worst maritime tragedies in history took place in Greece and cost almost four times as many lives as the Titanic; yet the sinking of “Oria” in the Saronic Gulf in February...
Relative Motion Illusion Resulted in Vessel Collision
Summary
On 3 December 2015, a Panama registered pure car Carrier City of Rotterdam collided with the Danish registered ro-ro ferry Primula Seaways on the River Humber, UK. Both the vessels were damaged but made...
Will the Shipbuilder Survive ‘April Crisis’?
Daewoo Shipbuilding Faces Another Liquidity Crisis Rumor
Daewoo Shipbuilding & Marine Engineering still has difficulty in escaping from the liquidity crisis, igniting another rumour that it would be hard pressed to repay corporate bonds worth...