Tremendous Oil Market Transition in Less Than Six Months
More than 3 million barrels of sludge-like high sulphur fuel is burnt by the tens of thousands of ships sailing the world’s oceans every single day.
With less than six months to go before the...
Damen’s Landing Utility Vessel for Aquaculture Industry Unveiled
A new Landing Utility Vessel (LUV), designed by Damen and built by Coastal Workboats Scotland, has been unveiled, reports MarineLog.
Loch Duart got its first LUV
The aquaculture industry got its first look at a new...
Leading Dry Bulk Operator’s “Balanced Approach” To IMO 2020
Dry bulk operator Pacific Basin goes for a “Balanced Approach” to be in compliance with IMO 2020 rule on reduced sulfur in bunker fuel, reports Ship & Bunker.
What is the Balanced Approach?
The company has...
Watch Disabled Man Rescues Kitten
A handicapped man from Malaysia decided to go an extra mile to save a stranded kitten, shows a video in LatestLY website.
He left his wheelchair behind and courageously rescued the kitten. A video of...
Captain’s Failure To Maintain A Vigilant Watch Led To Collision
On April 18, 2017, while transiting in the Panama Canal, the tugboat Cerro Santiago collided with the US Coast Guard cutter Tampa in Miraflores Lake, Panama, reports NTSB.
Damages to Stern
Although the tugboat was not...
Shipping Corporation Changes Course on Scrubbers on Its Vessels
State-run Shipping Corporation of India Ltd (SCI) will use low sulphur fuel to comply with an impending global rule aimed at cutting emissions from ships, reports Ship Technology.
Low Sulfur fuel
It will now use low...
Implications of IMO 2020 on Marine Fuels
Aiming to provide market-leading insight and analysis, S&P Global Platts outlines the regulation's impact on refiners and shipowners, analyzes how markets will adapt, and offers birds-eye view on how it could affect the environment.
This...
IMO Change Determines the Fate of Crude Markets
PBF Energy Heavy refiners predicts a lag in the crude markets owing to IMO change, reports Argus Media.
The company still expects to take advantage of cheaper sour feedstocks in the second half of the...
Freight Rates To Skyrocket Without Alliances
Delegates at the TOC Container Supply Chain event in Rotterdam heard that shipper opposition to deep sea liner shipping alliances may be dangerously misplaced, reports the Loadstar.
Prominent rise in freight rates
Lars Jensen, chief executive...
Singapore’s Monthly Bunker Rates Falls
According to an article published in Ship and Bunker, monthly bunker sales in Singapore in July came in at under 4 million metric tonnes (mt), which is where they were a year ago.
Bunker sales...