Oil Companies In Europe Report Less Throughput

Oil companies in Europe have reported lower throughput in the fourth quarter and 2020 as a whole, with many refineries continuing with run cuts in the first quarter of 2021. Total has agreed...

World Leader in Certification Gives Approvals in Principle (AiP) for GTT

GTT has obtained two Approvals in Principle (AiP) from Bureau Veritas, a world leader in testing, inspection and certification. The first Approval is related to the « NH3 Ready » classification of Mark...

IMO Calls for Action To Counter Piracy in the GoG

Enhanced cooperation and implementation of best practices needed to avoid, deter and report attacks threatening ships and crew. Implementation of Best Management Practices on ships as well as good coordination onshore can help...

Surging Ocean Cargo Demand Fuels $10b Spree for New Vessels

Trend to continue as carriers eye replacing older vessels. Order book rebounds from a more than 30-year low in 2020.Few of the world’s largest container-shipping lines are ordering new vessels amid surging demand...

What Does Force Majeure Do If It Is Declared?

The development of a new BIMCO Force Majeure Clause is progressing and continued last week as the subcommittee met to draft a bolt-on provision relating to situations when cargo has been loaded onto the...

China Hits In Return With WHO’s Covid Report By US

China has fired back at the US over allegations from the White House that Beijing withheld some information about the coronavirus outbreak from World Health Organization investigators, says an article published by The Guardian.Covid19 Report The...

Poor Bridge Resource Management Leads To Tanker Hitting Wharf

A National Transportation Safety Boa​rd Marine Accident Brief says that an 83,000-cubic-meter LPG tanker struck a Washington State wharf on December 15, 2019, because the pilot approached with excessive speed and at too steep...

FOBAS Alerts on Off-spec Sediment Bunker Fuel from Singapore

FOBAS proceeded on testing a number of samples from Singapore, which were ordered as ISO-F-RMG380 grade. Fuels with high sediments can result in excessive sludge deposition in tanks and throughout the handling and...

Addition Of Ultramax Vessel By Pacific Basin

Pacific Basin has added another ultramax to its fleet according to brokers, says an article published in Splash247. The Ultramax Vessel The Hong Kong shipowner has been named by Intermodal and Advanced Shipping & Trading as...

BIMCO Promotes JIT Arrival Concept for Efficient Shipping

BIMCO new clause will promote JIT arrival concept in the bulk sector for efficient shipping. The new clause creates a contractual framework to overcome the primary obstacle to just in time arrivals. JIT...