The Scrubber Debate Ahead of IMO 2020
To comply with the Sulphur regulation, scrubbers are turning out to be a favourite for the ship-owners due to cost and convenience.
More than 10 countries, including major ones like China, Singapore, Abu...
Ship Total Losses Fell in 2018
Allianz reports that in 2018, 46 total losses of vessels were reported worldwide. It was down from 98 losses 12 months earlier, with a significant decline in global activity.
The number of reported...
Trade Tensions Worry Ship Operators
Recent weakness in shipping rates sends an ominous signal just as some major economies are starting to stumble and trade tensions are rising.
Shipping executives fear the trade fight between China and the...
Weekly Tanker Report – Week 23, 2019
The Baltic Briefing has issued the tanker report for the 23rd week of this year. The report dated 7th June 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
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Belgium To Spot Check Ships for BWMC Compliance
Belgium has become one of the first European nations to enforce the mandate for IMO Ballast Water Management Convention.
The Belgian government has selected Chelsea Technologies, a Sonardyne company, to provide benchmark portable testing...
Carnival Fined $20 Million for Dumping Trash into the Ocean Again
According to an article published in Business Insider, Carnival Corp. will pay $20 million after Princess Cruises, a Carnival subsidiary, admitted to violating the terms of its probation from a 2017 conviction for improper...
Maersk Ukraine Predicts Slowdown Growth of Container Traffic Market in Ukraine
According to the Director General of Maersk Ukraine, Roman Koloianov, Maersk Ukraine expects a slowdown in the growth rate of the container traffic market in Ukraine next year, reports FreshPlaza.
Last Year of Active Growth
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[Watch] Bystanders Run From the Scene As Towering Ship Bears Down on Them
Footage of the incident showed passengers who had been waiting at a wharf in San Basilio-Zattere fleeing for safety as the huge ship, its horns blaring, crashed into the much smaller, moored "River Countess"...
Maritime Cyber Risk Management Forum
The 2019 Maritime Cyber Risk Management Forum is scheduled to be held in London at Norton Rose Fulbright in the London Riverside, on 25th June as per the press briefing published shipcybersecurity.com
How Prepared is...
Japan To Test IMO-Compliant Bunker Fuel From Refiners on Coastal Ships Soon
A recent report by Platts from Tokyo says that Japan's transport ministry intends to run a trial soon to use bunker fuel from local refiners that complies with International Maritime Organization's new sulfur limit...