Ocean Alliance To Blank Ten Transpacific Sailings As Spot Rates Plummet
The Ocean Alliance has announced plans to cancel 10 transpacific sailings in March and April.
This move will result in some 74,000 teu culled from US west coast services and more than 35,000...
Yang Ming’s 14,000 TEU Boxships Launched
In a major development, Taiwan’s Yang Ming Marine Transport Corp has launched two new 14,000-TEU containerships at Japan’s Imabari Shipyard on Wednesday, reports Seatrade Maritime's Asian Correspondent Lee Hong Liang.
About the New Vessels
The two new...
Four New Detentions Of Foreign Flagged Vessels In UK Port Last Month!
According to Mirage News, during February, there were four new detentions of foreign flagged vessels in a UK port.
Detailed report
In response to one of the recommendations of Lord Donaldson’s inquiry into the prevention...
QP Eyes up to 60 New Ships for LNG Expansion Plans
In a recent development, Qatar Petroleum (QP) has announced that they may purchase around 50 to 60 new LNG vessels as part of their strategy to raise their liquefied natural gas production output from...
3 Armed Robberies In Asia! 2 Involves Singapore Vessel, One In Singapore Strait
ReCaap released a report represented a 50 percent decrease in piracy when compared with the same period last year.
Three reported cases of armed robbery against ships in Asia last month: One occurred in the Singapore...
Vard Opts PG Flow Solution Pumps For Yara Birkeland
Vard’s Brevik, Norway, shipyard has been selected to build the zero-emission, zero crew vessel.
The ship is with a length of 80 meters and a beam of 15 meters, and has a cargo...
Maersk Tankers: Scrubbers on Selected Vessels By 2020
IMO regulation states current global limit for sulphur content in fuel oil used on board vessels will change from 3.50% to a maximum of 0.5% from January 2020.
Vessels should either have scrubbers...
[Answer] How Do a Closed Type Wet Scrubber Function?
Scrubbers have become the ultimate solution to IMO 2020 regulations. The utility of scrubber predates the kinds of scrubbers available in the market. With several coastal regions banning open-loop scrubbers, closed type scrubbers have gained an...
[Watch] Two Bulkers Collide in Panama Canal, Investigation Launched
The vessels 37,700 dwt, 2018-built SE Nicky, and the 63,400 dwt Iolaos, built in 2016 collided in the morning hours of March 11.
The units, operated by Taiwan’s Sincere Industrial and Greek Lavinia Corporation, respectively,...
Belships ASA : Report Q4 2018
HIGHLIGHTS
Operating income of USD 36.8 m (Q4 2017: USD 42.3 m)
EBITDA of USD 5.8 m (USD 8.6 m)
Net result of USD 14.2 m (USD 16.0 m)
USD 30 million fixed charter...