U.S. Advises Ships To Keep AIS Turned On!
According to an article published in Reuters, the United States has issued an advisory to all ships to keep their tracking transponders on to cut down on illicit activity and smuggling and to increase...
Diana Shipping Releases 2019 Financial Results for Q2 and H1!
Net income and net loss attributed to common stockholders for the six months ended June 30, 2019.
It amounted to $1.7 million and $1.2 million, respectively, including a $7.5 million impairment loss.
This...
[Watch] A Giant OOCL Boxship That Can Handle 8 Megaships
In a major development, the Hong Kong Seaport Alliance (HKSPA) has welcomed a mega-sized containership OOCL Hong Kong on its maiden call to Hong Kong at the HKSPA’s facilities at Terminal 8 on Thursday,...
IMO 2020 Alternative Fuels Symposium – What’s To Expect?
According to a recently released IMO circular, the International Maritime Organization is hosting a Symposium on IMO 2020 and Alternative Fuels on Thursday, 17 October and Friday, 18 October 2019 in the Main Hall at...
Compliant Bunker Fuel Charter – Is It A Risk for the Long Haul?
Tensions due to the arrest of vessels in July, saw a very minimal impact on freight rates and crude prices.
When all British flagged carriers are taken out of the total trading tanker...
No New Orders, But Scrubbers Excess of IMO Forecast
There's a growing perception amongst analysts that the scrubbers interest is waning as premiere companies such as Alfa Laval and Wärtsilä issued their Q2 financial reports earlier this month which shows a slowdown in...
[Answer] How To Clean Your Tank According To MARPOL Annex VI?
As we gather momentum towards the IMO 2020 deadlines, several issues need to be fully understood by the shipping community. One such issue is proper cleaning of engine tanks as per the guidelines prescribed...
Weekly Bulk Report – Week 30, 2019
The Baltic Briefing has released a report about the dry bulk market of the 30th week of shipping activities of this year. The report dated 26th July highlights the plight of the dry bulk...
Alfa Laval’s Ballast Water Treatment Approved by U.S. Coast Guard!
Alfa Laval's UV-based PureBallast 3 system has received U.S. Coast Guard type approval for discharging ballast water just 2.5 hours after taking it onboard.
PureBallast 3 UV-based systems are competitive when compared with...
U.S. LNG Export Projects On A Bullish Track!
LNG export projects are advancing at a rapid pace with higher volumes from the United States due to shipping demand and long-distance ventures.
Cheniere Energy has made a final investment decision (FID) on...