Japan’s IMO Compliant 0.5% Sulfur Bunker Premium Hits Record High
IMO-compliant bunker fuels available at Japan’s 3 top refineries.
MLIT trial concludes normal navigation with IMO-compliant fuels.
JXTG, Cosmo suspend 1% sulfur A-fuel oil supply, while Idemitsu Kosan continues.
Singapore marine fuel 0.5%...
Aggressive Growth Strategy Came With a Price for CMA CGM As It Faced Loss
CMA CGM posted a net loss of $109m in the second quarter, taking the French transport and logistics group to a first-half loss of $152m, reports The LoadStar.
Underperformed Than Peers?
However, it attributed much of...
Maersk Tankers – AET Chemical Tankers Agreement
According to a Seatrade Maritime News article, Maersk Tankers has entered into a memorandum of agreement with AET to acquire seven chemical tankers.
About the Agreement
The transaction will take place between now and the...
300 Cubits Trial Shipment Booking Deposit Module Suspended
In a major development, 300cubits has announced that they have decided to suspend the operation of the Booking Deposit Module (“System”) effective on 1 October 2019, says an article available on MailChimp.
Trial Shipments by...
Scrubber Fitted Vessels’ Discounts Affecting Freight Rates?
According to a Platts report, the ongoing program to fit scrubbers in tankers is keeping many of them away from the market and tightening supply, but their return from dry-dock means that these ships...
[Answer] How Scrubbers’ Material Selection Effects Corrosion?
In the first segment of the scrubbers corrosion issue, we discussed how corrosion occurred and what are the basic steps of prevention as outlined by Norshipping 2019 Press Release. Now, we are discussing how...
Nor Shipping Promises Action Platform for Sustainable Ocean Business
Nor-Shipping is following up on its role as host of the June 2019 United Nations Global Compact (UNGC) High Level Meeting on Ocean by contributing to a week of activity designed to develop the...
Are the Seafarers Ready for Ballast Water Challenges?
A Lloyd's List webinar sponsored by Hyde Marine examined how ready the industry is to comply with the Ballast Water Management Convention.
DNV GL, Carnival, V.Ships and BEMA participated in a lively debate.
The...
[Watch] NYK Trials World’s First Autonomous Car Carrier
Japan’s NYK Line has conducted what it says is the world’s first Maritime Autonomous Surface Ships (MASS) trial to be performed in accordance with the IMO’s interim guidelines such trials, reports NYK Line.
NYK’s goal...
Weekly Bulk Report – Week 39, 2019
The Baltic Briefing has released a report about the dry bulk market of the 39th week of shipping activities of this year. The report dated 27th September highlights the plight of the dry bulk...