Hurricane Condition WHISKEY Retained
Hurricane Condition WHISKEY remained in effect in the ports of Fernandina and Jacksonville.
The latest National Hurricane Center forecast predicted the Hurricane Michael's closest approach to northeast Florida and southeast Georgia on Wednesday.
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US Paraxylene to be Transshipped Via South Korea to India
Paraxylene cargo from USA is headed towards India instead of China.
The new import tariff plan in China has caused this shift.
The 10,000 mt cargo will be headed to India's Materials Chemicals...
Star Bulk Pioneers Green Loan to Retrofit 50 Scrubbers
The Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes has announced its entry into a $310 million loan agreement.
Agreement Specifications
The agreement includes a $70 million tranche...
Stop Skipping Waste Deliveries! Polluter Pays Say European Parliament
The Transport Committee of the European Parliament adopted today the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur to start negotiations with the Council to finalise the text...
[Watch] Fuel Spill After Two Cargo Ships Collide in Mediterranean Sea
Two cargo ships collided in the Mediterranean Sea, north of Corsica, France. One ship pierced a hole in the hull of the other which caused a fuel spill that spread at least 12.5 miles....
[Watch] Cruise Ship Being Battered by Rough Waters
Passengers on board the Royal Caribbean's Empress of the Seas ship filmed the destructive force of Hurricane Michael on Monday night.
Footage showed the cruise ship being tossed around by strong seas and winds, reports...
Shipping Industry Stares Down New Fuel Restrictions
The shipping industry comprises of multitudes of cargo ships, tankers, container ships, and cruise liners that belch noxious sulfuric gases and fine particles that drift over cities and cover them with smog.
IMO regulations
However, the...
ENSCO & Rowan Merge to Make $8.38 bn MODU Fleet
The firms ENSCO and Rowan have completed a merger to develop a total fleet valuing worth USD 8.4 Billion.
Ensco claims top spot
This acquisition makes Ensco the largest MODU owner by value, with a total fleet...
Value of Vessels Predicted with Tankers Favoured as an Investment
The online site, VesselsValue has released its analysis of worthwhile investments in the tanker market which provides promising overall investment.
As most large crude tankers still have significant upside remaining based on an analysis of...
It’s a Pressure-vacuum Valve (P/V Valve)
A valve which keeps the tank over pressure or under pressure within approved, limits. P/V valve provides for the flow of the small volumes of vapour, air or inert gas mixtures caused by thermal...