November 1, IMO 2020 Transition Date, Says Singapore
November 1 is set as the “Transition Date” to the lower sulfur IMO grade fuel for Shipping companies, says an article published in Ship & Bunker.
The transition date
That date has certainly been earmarked by...
Safety Management Implementation Failure Causes Grounding of Vessel
On October 13, 2016, at 0108 local time, the articulated tug and barge (ATB) Nathan E Stewart/ DBL 55 ran aground on Edge Reef off Athlone Island in the Seaforth Channel near Bella Bella,...
Castor Maritime Inc. Acquires It’s Second Dry Bulker
Castor Maritime Inc. entered into an agreement to purchase a 2001 Korean built Panamax dry bulk carrier from an unaffiliated third party.
Addition of the bulker fleet will be incremental to the cash...
Double Acting LNG Vessel To Run Through the Northern Route
The ARC7 ice-breaking LNG carrier Nikolay Urvantsev is specially designed to operate on the Northern Route to Russia’s Yamal LNG project above the Arctic circle.
The vessel has a double-acting, ice-breaking system to...
The Likely Implications of New IMO Standards on US Diesel
IMO regulations was widely expected to cause a sharp increase in demand for ultra-low sulphur fuels to be blended into marine fuels in the run.
The benchmark for US diesel domestic markets and...
Panama Canal Drought Places Restrictions on Ship Cargo
As Central America is facing the worst drought scenario, the canal is forced to place restrictions on the number of cargo ships can carry.
The precipitation in the Panama Canal watershed was about...
Weekly Tanker Report – Week 31, 2019
The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 2nd August 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...
APAC LNG Marine Engine Market Keen To Generate Lucrative Gains by 2025
Commercial LNG marine engine market size is expected to grow due to demand for the container, tanker vessels, gas & bulk carriers with shipbuilding activities.
The report highlights LNG marine engine industry trends,...
Britain Unveils Post-Brexit For Creation of 10 Free Ports
According to an article published in BBC News, the European government is planning to create up to 10 free ports across the UK after Brexit.
Development of free ports
They allow firms to import goods and...
12,000 TEU Capacity New Container Depot by ONE at the Rotterdam Port
In a major development, Japanese container line joint venture Ocean Network Express (ONE) has announced that they have opened a dedicated container depot in the Port of Rotterdam with the Kramer Group, reports Seatrade...