Install BWMS Well in Advance, Recommends ClassNK
ClassNK has confirmed that installation deadlines based on the BWMS Convention for many of its registered ships are still concentrated in the year 2022, says a press release published on their website.
BWMS retrofit on...
Maritime Trade Hit By Carriers Breaching Contracts, Charging Higher Rates
As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”, reports the LoadStar.
Carriers Behaviour Damaging Trade?
In a joint...
Bunker Tanker Quarantined After Covid-19 Cluster On Board
A bunker tanker at the centre of Singapore's latest Covid-19 cluster, has been quarantined and will cease all operations until further notice, reports The StraitsTimes.
New cases linked to COVID Cluster
Bunker tankers are a type...
High Shipping Rates To Continue Despite New Lockdowns, Says Maersk
High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on...
A Glimpse of How ETS Functions To Fight Climate Change
Europe’s emission trading system (ETS) is 'a cornerstone of the EU’s policy to combat climate change' according to the European Commission (EC).
It operates in all EU countries plus Iceland, Liechtenstein and Norway.
...
[Podcast] Current Market Conditions of Global Ship Lease in 2021
Value Investor's Edge Live continues with this latest episode focused on the containership segment of the shipping industry.
They host the management team at Global Ship Lease on 12 November to discuss the...
Bunker Sales in Panama Fell by 19.2% in November 2020
According to Panama Maritime Authority (PMA), bunker sales in Panama fell by about 19.2% on year in November 2020, says an article published in Manifold Times.
Fall in bunker sales
Following several months of continued growth,...
[Watch] Two Snakes Fight Fierce Battle
Watch two Mulga snakes fight a fierce battle and as per the caption of Australian Wildlife Conservancy's post.Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...
Petronas To Resume Oil Production in Q3
Malaysia's Petronas says it expects to resume full production at its Baram facilities in the third quarter after halting output in October, reports Reuters.
Firm halted after accident
Malaysia’s state energy firm Petronas said on Monday...
The Twists in 2020 Fuel Transition Due To COVID Restrictions
It was meant to be one of the greatest transformations in the history of oil and shipping. Instead, a sweeping regulatory change this year to clean up the maritime industry’s fuel passed successfully and...