Tanker Ship Hit Sunshine Bridge Reopens Again

According to an article published in The Advocate, a tanker ship hit the Sunshine Bridge on Sunday afternoon, prompting a temporary closure of the span. What happened? On June 16, the boat hit the bridge around...

Batangas-Bound Ship Catches Fire Near Recto Bank

According to an article published in Rappler, a car carrier caught fire near Recto Bank and was subsequently abandoned by its crew members. What happened? On 17 June, a car carrier ship was abandoned near Recto...

Bunker Fuel Market To Rise To a Total Volume of 460 Million Tons By...

Global bunker fuel market set to rise to a total volume of 460 mn tons by 2020, exhibiting a steady 3.1% CAGR in the last six years of the ongoing decade. Bunker fuel...

Maersk Signs TradeLens and Cold Store Warehouse Deal With Russia

In a major developmet, A.P. Moller - Maersk and Russian Ministry of Transport signed a Memorandum of Understanding on June 5, enabling the launch of TradeLens in Russia, reports the Maritime Executive. TradeLens in Russian...

New Improved Tougher Evac BWMS Gets IMO Type Approval

In a recent development, the Evac Evolution Ballast Water Management System (BWMS) has announced that they have been granted IMO Type Approval, following testing to the latest IMO requirements which encompass the revised G8...

MEPC74 Fuel Oil Non-Availability Report (FONAR) Guidelines

The recently concluded MEPC74 meeting held in London last month has set a guideline report on what needs to be done in case of non-availability of compliant and how to report it in different...

Scrubber Benefits To Disappear But LSFO Premium Stays

According to the Drewry Maritime Reserach, the business case for retrofitting scrubbers will eventually “disappear” as the price spread between high sulfur fuel oil (HSFO) and low sulfur fuel oil (LSFO) will keep on...

The Strange Case of Summer Oil Market

Front-month Brent crude futures, were at $62.71 at 0630 GMT, 42 cents, or 0.7%, above Friday’s close and U.S. WTI crude futures were at $53.85 per barrel, 59 cents, or 1.1%, above their last...

Hansa Acquires Tanker for $18.5 M From Japan’s JX Ocean

Norwegian chemical tanker company Hansa Tankers continues to expand with the purchase of another chemical tanker Bow Tone, reports Splash 247. Company’s second acquisition of the year Norway’s Hansa Tankers has made its second vessel acquisition...

[Watch] Wärtsilä Power Solution for Normally Unattended Installations

Offshore platforms designed to be able to operate for up to six months without the need for scheduled maintenance rely on a holistic power-generation concept from Wärtsilä that leverages high efficiency engines remote monitoring,...