ABB Releases the Latest Edition of Popular Customer Journal
ABB Marine & Ports announced the latest edition of the popular customer journal Generations, says a press release published in Shippax.
Technologies for sustainability
In this issue, ABB explores how electric, digital and connected technologies are...
Punitive Damages Not Allowed for Injury Claims in U.S. Lawsuit
The United States Supreme Court released its landmark opinion in Dutra Group v. Batterton, Dkt. No. 18-266 (June 24, 2019), resolving the question of whether punitive damages may be awarded to a Jones Act...
Trafigura Launches Ship Fuel Venture With Frontline and Golden Ocean
Commodities trader Trafigura is joining forces with shipping firms Frontline and Golden Ocean to supply marine fuel ahead of a shake up in regulation which could disrupt delivery and cause prices to spike, reports...
Weekly Tanker Report – Week 32, 2019
The Baltic Briefing has issued the tanker report for the 32nd week of this year. The report dated 9th August 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...
Incessant Rain Lashes Panama Canal, Draught for Neo-Panamax Locks Increased
According to an article published in the Seatrade-Maritime News, it has been raining heavily in the Panama Canal watershed recently.
Draught for neo-panamax locks increased
The incessant raining has lead Canal authorities to reconsider the maximum...
Port of Riga Turns Toward Green Logistics, Welcomes Two LNG Vessels
The Port of Riga has welcomed new container ship Containerships Polar as a part of the first two 100% LNG-powered vessels.
LNG-powered vessels Containerships Polar and Containerships Nord owned by the CMA CGM group...
Fire Alert: Containers Catch Fire Aboard APL Boxship!
According to an article published in The Maritime-Executive, a container fire broke out aboard the boxship APL Le Havre off the coast of Gujarat, prompting a response from the Indian Coast Guard.
What happened?
The APL...
Samudera Disposes 2 Supramaxes To Fund Domestic Route Shipping Services
In a major development, Singapore-listed Indonesian shipowner Samudera Shipping has announced that they are selling two supramax bulkers, reports Splash 247.
Sold for $20.25m
The two 2010-built 57,334 dwt sister vessels Sinar Kutai and Sinar Kapuas...
August Baltic Index Hits 2-week Peak on Strong capesize, Panamax Rates
Propelled by strong demand across capesize and panamax vessel segments, the Baltic Exchange’s main sea freight index climbed to a near two-week high, reports Reuters.
The Baltic index, which tracks rates for ships ferrying...
LNG To Ease IMO 2020 LSFO Pressure As Bunkering Improves?
According to a Platts article, LNG's uptake as a bunker fuel could alleviate some pressure on demand for low sulfur fuel oil as the deadline for the International Maritime Organization's global sulfur limit rule...