IMO Bringing Industry and Academia Together To Address Biofouling Issues
In a major development, the IMO-GloFouling R&D Forum has announced that they will bring together regulatory bodies, stakeholders and representatives from shipping and other maritime industries, academia, leading scientific experts and technology development leaders...
Trade Sources Say War Risk Premiums Driving Singapore and Asia Fuel Market
According to a Reuters report, shippers are trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are scaling back purchases of marine fuels from the United Arab...
Scrubbers With HFO Better Solution Than Compliant Fuel
According to scrubber manufacturer Yara Marine Technologies CEO Peter Strandberg, “business is fantastic” at the moment given the rush ahead of IMO 2020. But he also believes the product has a more long term...
Alfa Laval Shares Down 6% As Scrubbers Demand Loses Shine
Q2 order intake down 20% at 10 bln SEK
Alfa Laval sees somewhat higher Q3 group demand than Q2
12% miss on orders uptake and 8% miss on adjusted earnings.
Adjusted core earnings...
[Part3] A List of Interesting Papers from the 29th CIMAC Congress
The CIMAC congress had a very interesting discussion on a range of issues shipping industry is currently sailing through. Viswa Group in a 4 part series, have selected below technical papers presented in CIMAC...
Weekly Maritime Security Report – Week 26, 2019
Protection Vessels International has released the 26th Weekly Maritime Security Report of 2019. The report summarized on 16th July 2019 highlights the various incidents that took place in the past week.
Congo: Unarmed robbers board...
Epic Gas Acquires Four LPG Carriers
Epic Gas announced its acquisition of two of the four ships that it previously referenced in April 2019.
They are modern second-hand 11,000cbm Japanese-built pressurized LPG carriers Kingcraft and Kisber were built-in 2015.
The...
Singapore Fuel Inventories Drop Eight-Month Low Ahead of IMO Rules!
Singapore onshore stocks of petroleum products fell to an eight-month low in the week.
The prices came in at 38.372 million barrels, down from 41.725 million barrels in the previous week.
Switching process involves...
Pirates Take Off With Cash and Shoes From Cargo Ship!
According to an article published in the Jakarta Times, pirates attacked a South Korean-flagged cargo ship in the South China Sea.
What happened?
On July 22, pirates took off with thousands of dollars in cash and...
Maersk Successfully Exports Mangoes With Perishable Goods Transfer Tech
Two months after shipment of butter from Bulandshahr, Uttar Pradesh, to Turkey, global integrator of container logistics Maersk completed its first successful shipment of mangoes from Nhava Sheva in Mumbai to Felixstowe, London on...