BW LNG Appoints First Female Captain of LNG Carrier
In a major development, Captain Tatjana Pletena took charge of BW LNG's Singapore-flagged LNG tanker BW GDF Suez Everett. This makes her the first female captain of BW LNG. She was promoted in April...
Bulker with Scrubbers May Enjoy a Premium and Early Advantage
Scrubbers fitted vessel will get premium over low sulfur fueled vessels.
The LSFO and HFO differential pricing is driving this charter advantage scenario.
The time-charter premium will be $12,100/day, $6,800/day,$6,300/day and $5,100/day for...
MethaShip Project: Renewable Methanol is ‘Fuel with a Future’
Cross-industry research finds key advantages for the use of methanol in medium speed marine engines for passenger shipping.
In a press release dated 22 October 2018, “The Methanol Institute” has welcomed the findings of the...
Wartsila’s Scrubber Business Rise But Cuts Services Outlook
On October 23, Finnish ship technology and power plant maker Wartsila reported lower than expected quarterly profit and new orders which downgraded the demand outlook for its services division, sending its shares down 9...
MOL Unveils High-quality and Efficient LNG Carrier
MOL's has announced its newbuilt LNG Carrier to serve Mitsui & Co. to transport shale gas-derived LNG from Cameron Project in the United States.
Naming Ceremony
On October 19, Mitsui O.S.K. Lines, announced the delivery of the LNG carrier Marvel...
[Watch] World’s Oldest Intact Shipwreck Discovered in Black Sea
An ancient Greek trading ship dating back more than 2,400 years has been found virtually intact at the bottom of the Black Sea, the world's oldest known shipwreck, researchers say.
Disclaimer: This video is intended...
Working Together
From the energy we use to the food we eat, the clothes we wear and the things we use every day, we enjoy a lifestyle where we can find everything on the shelves of...
Baltic Index on a Week High!
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a one-week high on Monday, supported by rising rates for the capesize vessel segment.
* The overall index, which...
IMO 2020 to Cause One-off Oil Demand Surge Before Market Adjusts: OPEC
Tighter global shipping pollution regulations from 2020 will lead to a temporary surge in oil demand while denting the oil revenues of producers of heavy or high sulfur crudes, OPEC said in its annual...
China’s First Seagoing LNG Bunker Vessel
The privately owned Chinese gas distributor ENN Energy has placed an order for an 8,500-m3 LNG bunker vessel at Dalian Shipbuilding Industry Company (DSIC) to be delivered in 2020. The tanker will be used not...