Early Price Assessments Put 0.5% Sulphur Fuel Premium at $40-104
Bunker fuel prices can trigger a scrubber investment upsurge as a Platts report suggests, writes Seatrade Maritime’s Asia Correspondent Lee Hong Liang. According to the report, the early assessments of the price spread between...
Will VLCCs Lead the Tanker Market to Recovery?
Tanker market has shown improvement in recent times when compared to previous years
The rates are healthier and the Baltic Dry tanker index has spiked significantly
There has also been a significant increase...
US Maritime Taking a Hit As Shutdown Drags On
Ability to move waterborne freight could shift into crisis mode if the shutdown continues.
31% of the branch’s 41,000 active duty members don’t have enough money in an emergency savings fund to cover...
Does New Bunker Certificate Rule Require Any Additional Certificate?
The new bunker certificate rule does NOT require an additional certificate from the suppliers. The main changes to the BDN are as follows.
Currently, every BDN had wording which mentioned that the fuel will...
LNG Ship Orders Likely to Reach 69 in 2019
South Korean shipbuilders have embraced the use of LNG and the orders have been growing
The industry experts believe that ship orders can reach 69 in 2019 when compared to previous years
The...
Freightos Baltic Container Report
Transpacific pricing fell through December due to the 90-day truce on latest China trade tariff increase.
But this week a combination of GRI and fuel-related surcharge increases saw an increase in prices.
More...
A Snapshot Of World News At The End Of The Year
New president aims to end Mexico’s dependence on crude imports to decrease costs.
Qatar announced that it will be leaving OPEC to focus on gas.
Post G20 summit US president Trump and China’s...
Vessel Suffered Severe Damage Due To Ineffective Ship Safety-management
The two ship masters on an Irish Ferries vessel that suffered major damage on its car decks during a storm disagreed over whether they should go ahead with a sailing between France and Ireland,...
Crowley Maritime Launches Second LNG Ship
Jacksonville is up for a surprise with the launch of Crowley's second LNG ship this week, reports David Bauerlein for the Jacksonville.com
What's the frenzy about?
Ship-watchers along the St. Johns River banks saw double when...
Norovirus Outbreak! Oasis of the Seas Returns to Port
As nearly 500 were sickened by a norovirus outbreak on Royal Caribbean International’s Oasis of the Seas, the ship returns to Port Canaveral says Orlando Sentinel.
What happened?
Oasis of the Seas, which was on a...