Week 47 Bulk Report Witnesses A ‘Resistant’ Capesize Market
The Baltic Briefing has released a report about the dry bulk market for the 47th week of shipping activities of this year. The report dated 20th November highlights the plight of the dry bulk...
MSC Aggressively Adding Boxships To Its Fleet
MSC has snapped up 2000-built 1,730 teu feeder boxship Amanda D.
The vessel has been renamed MSC Panaya, and like many of MSC’s recent purchases it was previously on charter to the line.
...
Ship Detained Over Payment Disputes in Singapore
According to a Ship & Bunker report, an oil tanker was detained in the Southeast Asian port of Singapore, Nov 23.
The arrested ship
The vessel detained is reported to be Dai Minh, a 47,148 deadweight...
Tanker Abandoned, Adrift
A Tanker was drifting in the South China sea in vicinity 19 00N 115 00E in the afternoon Nov 24, reports Maritime Bulletin.
What happened?
Tanker HYUN JIN was said to be abandoned, drifting in the...
IMO’s Emission Protocols Not Strict Enough
IMO has targeted to reduce total GHG emissions by 50% and carbon emissions by 70% by 2050.
Under IMO protocol new rules cannot enter into force until late 2022 at the earliest.
A...
Maersk Marine Fuel Consumption Down by 6.5%
Shipping and logistics giant Maersk, the largest consumer of bunker fuel in the world, saw a 6.5% drop in its marine fuel consumption in the third quarter.
The company consumed a total of 2.621 million mt of...
Immunity To The Coronavirus May Last Years, New Data Hint
It might last for years, even decades, which is the most hopeful answer yet to a question that has shadowed plans for widespread vaccination.
Eight months after infection, most people who have recovered...
Minerva Bunkering Launches Advanced Delivery Platform
ADP leverages metering and communications technology to bring unparalleled transparency and efficiency to bunker deliveries.
First "proof-of-concept" delivery successfully conducted in Singapore with Hafnia.
Service to launch in ARA, Fujairah, and Singapore in early 2021.
According to...
ABB Seals A $150m Deal To Power Next-generation Cruise Ships
Marine propulsion and engineering specialist ABB has secured an order of around $150m to deliver a comprehensive scope of technologies.
The order is to power next-generation cruise ships being built by Italian shipbuilder...
What are Ship Operators Up To?
As a result of the Covid-19 travel restrictions, the cruise industry was dealt a hard blow, with multinational companies, such as Carnival Corporation, suffering major financial losses, reports Ship Technology.
Carnival’s total revenue dropped from...