Sri Racha ‘Danger Zone’ After Ship Bursts into Flames!

According to an article published in the Bangkok Post, Sri Racha district has been declared a danger zone after a large cargo ship burst into flames following a loud bang from one of its...

Fujairah Data: Oil Products Stock Slump 8% in a Week!

Fujairah's oil data slumped 7.9% in the past week to 23.721 million barrels as of May 6 and is considered to be the biggest drop in five months. This decline has been attributed to...

VIKING Enables Single-Source Safety Sourcing at OTC 2019

With lifeboat supplier Norsafe well integrated into the VIKING group, the offshore industry has access to an unprecedented range of solutions to help improve safety while reducing compliance related complexity and costs, says a...

Ice-breaker Tanker Shipyard Sale Reaches Conclusion

All parties involved in the sale of the shipyard in the Helsinki, Finland, have agreed on the terms of the transaction, reports Tanker Shipping. The new company established In preparation for the closing, Arctech Helsinki Shipyard...

Wall Street’s Newest Tanker Major DSSI Poised To Make Waves

The listing of Diamond S Shipping (NYSE: DSSI) in late March marked the largest U.S. stock market debut of a commercial vessel owner in four years. Now, the focus of analysts and investors is...

Wärtsilä’s Aquarius UV BWMS Gets USCG Type Approval

The technology group Wärtsilä’s Aquarius UV Ballast Water Management System (BWMS) has been granted US Coastguard (USCG) Type Approval, reports Seatrade Maritime News. Offers two different type approved systems Wärtsilä Corp has been granted US Coastguard...

CharterWorld and NAPA Partner To Provide AI-Driven Voyage Optimisation

Ship operating costs can be reduced by optimising voyages using Artificial Intelligence (AI) and data analytics, says an article published in Marinemec. Role of AI and data analytics in marine industry Ship operators, owners and managers...

FIS Technical – Panamax Index Report

Index pullbacks that hold above the USD 9,499 support remain above the Fractal support and therefore bullish. The June futures continue to show signs of potential exhaustion on the weekly technical. However, the...

Scrubber Alliance Demands Few Open Loop Bans

In a major development, the Clean Shipping Alliance 2020 (CSA) calls for no bans on open-loop scrubbers, says an article published in Hands International Maritime Journal. The Alliance which has now over 30 shipping companies...

BIMCO, Intertanko Publish Q&As for Ships With Scrubbers

According to an article published in Safety4Sea, BIMCO and Intertanko have jointly published Q&As addressing the contractual implications owners and charterers consider when chartering ships fitted with scrubbers. About the Q&As The Q&As include three...