Shale Gluts and Ship Rules Make Heavy Sweet Oil an Unlikely Star
The recent trends noticed in shale guts and shipping rules are making heavy sweet oil a rising star.
Heavy Sweet Crude
Dense, low-sulfur oil, known in industry parlance as heavy sweet crude, is fetching increasingly stronger...
Digital Defence to Counter Cyber Crimes at Sea
DNV GL is seeking to reduce the cyber risk at sea by offering digital defence IT solutions.
The cyber security system is important as operational technology cyber attacks had increased doubled from 2013...
Markets – It’s Time for Aframaxes to Shine
The North Sea and Baltic Aframaxes have experienced a much firmer market when fixing cargoes with December laycans.
The upward trend to continue
Fearnleys has predicted this trend to continue as there is an imbalance in...
Seanergy Sells Off Two Supramax Vessels
Seanergy sold M/V Gladiatorship and M/V Guardianship for $23m in October 2018.
179,759 dwt Capesize dry bulk vessel, M/V Fellowship purchased for $28.7m as well.
A senior loan facility used by Seanergy to...
Sellers Started Playing Contango on LNG
The LNG market is changing as demand rises and the storage ways are changing.
Floating storage has become the norm, with 30 vessels currently flagged as floating storage globally.
Companies like Glencore, Vitol...
MPCC to Equip Five More Vessels with Scrubbers
Norwegian owner and container vessels operator MPC Container Ships (MPCC) has exercised options to equip additional five vessels with exhaust gas cleaning systems says the Press release.
The scrubber investments are expected to be financed...
The Proof of Problems Due to Presence of Styrene, Indene and DCPD
Presence of Styrene, Indene, and DCPD in fuel is a risk to ships.
Viswa Lab defends accusations of false alarms by providing proof about these risks.
Only one like Styrene even at high...
[Watch] Largest US-Built Container Ship Arrives
Watch the largest container ship built in the U.S. arrived Wednesday at Honolulu Harbor.
For more information, please visit here
Disclaimer: This video is intended for informational purpose only. This may not be construed as a...
The Battle Against Seafarer Drug Use at Mid Ocean
Long stints at sea can affect the mental health of seafarers.
The insurance company the Shipowners’ Club published an advice booklet "Drug and Alcohol at Sea" recently.
There are misconceptions around drug testing...
Test Site for Autonomous Ships Opens in China
MoU signed in December 2017 to build the first test site for unmanned ships in Asia.
The 770 square km site is open for civilian and military applications since November 30th.
The site...