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...

Scrubber-Fitted VLCCs Gets More Demand With Bunker Prices Spike

The rising discounts which high sulfur fuel oil is enjoying over its low sulfur cousin has resulted in a clear two-tier market for VLCCs, where tankers with scrubbers are showing daily earnings, or else...

Containerlines Register Improved Profits With Rising CCFI Index

Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting containerlines on course to register improved profits this year, even over 2020’s stellar performance,...

Disastrous Winter Storm Wreaks Havoc In The Southern Plains

A destructive winter storm Sunday hit the southern Plains, making travel dangerous and slowing down supply chains due to potential road closures, reports Freight Waves. The lethal Storm The storm has caused widespread power outages and...

The 2021 ICS Leadership Insights Highlights Cyber Risk Management

Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments, reports International Chamber Of Shipping. 2021 ICS Leadership Insights This was a...

How A Massive Fire Hit Ship Looks from Inside?

Napier Port says it is unable to say how long a ship which caught fire in December will remain in port, reports NZ Herald. The Kota Bahagia Photos taken on Monday show the damage to the...

Gibraltar Government Reports Bunker Spill

A bulk carrier spilled some of its fuel in Gibraltar's waters on Friday. The spill happened on Friday morning, according to a press release on the British territory's government website on Saturday, says an...

Why LR1s And MR1s Have Fallen Out of Favour?

LR1 tankers, which range in size from 60,000 to 84,999 dwt, and MR1s (34,000 to 40,999 dwt) are fading away. Among the most popular clean petroleum product tankers 15 years ago, the two tanker...