Ship Finance International Opts for Scrubbers for Fuel Savings Benefit
According to an article published in the Shipping Herald, Ship Finance International has reached an agreement to install exhaust gas cleaning systems (EGCS) on a total of seven containerships.
The deal, agreed with an undisclosed...
[Answer] How To Ensure Sediment Stability & Compatibility of 2020 Fuels?
As IMO 2020 is nearing compliant fuel availability is becoming a key issue but apart from availability, shippers needs to be aware of other aspects which is essential for compliant fuel use in the...
USCG Receives Three New Applications for BWMS Type Approval
The USCG list of BWMS under-going type-approval has increased with the arrival of three new entrants, reports Riviera Maritime Media.
The update to USGC list
According to the US Coast Guard website, three ballast water management...
Cosco Shipping’s Mega Boxship Damaged in Collision
China Cosco Shipping mega-boxship CSCL Jupiter has suffered damage in a collision in Cai Mep, Vietnam, reports Seatrade Maritime News.
What happened?
According to China Cosco Shipping the 14,300 teu boxship was involved in a collision...
Harbour Mobile Crane Gutted in Fire at Port
A harbour mobile crane engulfed in fire on Monday evening while loading cargo to vessel at WQ-1 berth at inner harbour of Visakhapatnam Port, reports The Hindu.
What happened?
A crane got damaged after it went...
Australian Heavy Sweet Crude Premium Dips from Record High
Demand for the oil used in fuel oil blending has slowed, causing spot premium for Australian Van Gogh crude oil for loading in October drop this week.
Australian producer Santos sold a 300,000-barrel...
Weekly Tanker Report – Week 34, 2019
The Baltic Briefing has issued the tanker report for the 34th week of this year. The report dated 23rd August 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...
IMO Regulations: How Well the Distillate Margins Can Do Under Pressure?
Distillate consumption expected to rise substantially from the start of next year as a result of new marine pollution rules introduced by IMO.
The forecast increase in consumption of middle distillates has led...
What Led Hokuriku To Seek Out for Increased LNG Cargo Delivery?
Japan’s Hokuriku Electric is seeking a liquefied natural gas (LNG) cargo for delivery in November as the company's LNG consumption rose in 2018.
The cargo is for delivery in the second half of...
Argus Launches World’s First Listed Delivered Bunker Fuel Derivatives Contract
The CME-listed contract will be the world's first listed delivered bunker fuel derivatives contract.
Argus plans to introduce CME-listed LSFO and MGO marine fuels future contracts once physical trade liquidity in the fuels...