Depressed VLSFO Fueled by Blank Sailings Leading To Tough Q3 Market
According to a Reuters report, the global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains...
Gasum Launches 45 mins Bunkering Operation Speed Station
Finland’s state-owned gas firm Gasum has opened a new LNG bunkering station at Sweden’s Nynashamn port located at the Port of Stockholm premises.
The new bunkering station is now frequently used by two...
Safety Precautions for Safe Cargo Fumigation
A recently published article in Skuld written by Martin Øhre deals with the fumigants that continue to cause to and take lives of seafarers. By this brief article, Skuld wishes to raise awareness about...
First ‘Driverless Ships’ To Be Available By 2023
Europe is gearing up for driverless (autonomous) ships, and planning autonomous ports too, writes Andrew Rosenbaum for Cyprus Mail.
Autonomous shipping
The Russian Maritime Register of Shipping said that it has published Guidelines on the classification...
Carbon Emissions To Be Documented in PSC Inspections
By 30 June 2020, ships that used EU ports in 2019 must carry onboard a document certifying that they follow EU regulation for monitoring and verification of CO2 emissions, reports Gard.
Vessel lacking EU MRV...
Baltic Index Registers Seventh Straight Weekly Gain
The Baltic Exchange’s main sea freight index rose to register a seventh straight weekly gain on July 3, as demand gained steam across all vessel segments, reports Reuters.
Baltic dry index climbs high
The Baltic...
MSC 11-Vessel Raid on Long Time Charters
MSC takes advantage of the depressed charter market agreeing to snap up eleven 8,000-8,800 teu utility vessels on long-term charters at discounted rates.
The charters have been agreed at daily hire rates of...
Crew Change Crisis Exposes the Human Cost of COVID19 Pandemic
According to Seatrade Maritime News report, two webinars around last Thursday’s Day of the Seafarer drew attention to the misery of some 400,000 stranded seafarers who cannot return home to their families or, conversely,...
$8.8m Cruise Ship Cleaning System Ordered By European Shipyards
According to a Marine Link report, Vow ASA subsidiary Scanship said it has been awarded a 7.8 million-euro contract ($8.8 million) for its cruise clean ship system with major European shipbuilder.
The system will...
Tanker Damages Port Bow Bulwark
A recently published article in the maritime bulletin written by Erofey Schkvarkin reveals that there was no collision between a Suezmax tanker and an FPSO but just a contact.
What happened
Tanker management sent a report...