Hapag-Lloyd to Convert Large Containership to LNG
German shipping company Hapag-Lloyd is preparing to launch 2 pilot projects, as the 2020 deadline looms.
The projects aim at converting fleets to LNG Vessels and testing EGCS or Scrubbers.
They have...
Stop Sale or Export of Contaminated Fuels – Intertanko
Amidst concerns on the fuel contamination, INTERTANKO has published a report.
In the critical review of the situation, the company underlines the importance of safety and how the authorities are risking it.
...
[Watch] Giant Crocodiles Furiously Wrestling Over Huge Pig
CROCODILES in Australia have been filmed in a viral video violently fighting over an enormous feral pig as fascinated tourists looked on.
Disclaimer: This video is intended for informational purpose only. This may not be...
Baltic Exchange Shipping Insights
TANKER REPORT
VLCC
Basis 270,000mt AG/China rates slipped to WS 52, with talk of 2004-built tonnage agreeing WS 49.5. Total fixed to Japan at WS 50, while Korea also went at WS 50.
For USG rates also...
d’Amico Tankers Sells and Leases Back Product Tanker
Sold to Leaseback
Marine transportation company d'Amico International Shipping (DIS), subsidiary d'Amico Tankers has signed for the sale and leaseback of the "High Loyalty" for a consideration of US$ 28.5 million.
"High Loyalty" is a 49,990DWT...
Harvey Gulf Offer their 836M USD Fleet for Merger with GulfMark
Harvey Gulf offered a merger deal to Gulfmark.
The Gulfmark-Tidewater merger in July, this year has created the largest OSV fleets with 10.7 years average age.
The merger with Harvey Gulf will provide...
Tankers Orders Take Top Spot
The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of money being invested in new Tankers outweighs the interest being reported in the dry...
Shipping Company Claim Half-million Dollars in Damages
The Golden Eagle Shipping LLC has sued Norvic Shipping International Ltd seeking more than half-million dollars for damaging its vessels.
What happened?
In May 2018, the companies entered into an agreement stating that Golden Eagle agreed...
Legends Speak of a Lost Ship in the California Desert
Certain places located on the high seas have a reputation for swallowing ships whole. The Bermuda Triangle, the treacherous Arctic Sea and the Colorado Desert. Yet, despite the lack of shipping lanes through the...
Cargo Vessel Runs Aground Off Legazpi City
On August 5, a cargo vessel ran aground near the shores of the Legazpi City due to adverse weather conditions.
What happened?
The cargo vessel ‘MV Jerlyn Lily’ ran aground just 100 meters from the shores...