A Ban on Dirty Shipping Fuel Is Coming! So Why Are Prices Surging?
A ban on dirty shipping fuel is coming,
Margin for the petroleum product in January hits 18-month high,
Analysts still anticipate weaker demand and prices next year.
Demand for the shipping industry’s main fuel...
Classic Panamax Boxships Tipped for Massive Price Appreciation
Classic panamax boxships ranging in size from 3,000 to 5,999 teu are tipped by online pricing portal VesselsValue to appreciate by more than 40% through to 2022, leading all other major shipping sectors, says...
The Digital Age of Shipping is Here — The IMO Mandatory Electronic Information Exchange...
The International Maritime Organization (“IMO”) Convention on Facilitation of International Maritime Traffic (the “FAL Convention”) was adopted in 1965 for the purpose of implementing a more streamlined logistics process for the transport of passengers,...
[Watch] Fire on Ship Off Spain’s Mallorca Mostly Extinguished
Spanish emergency services have largely put out a fire aboard a vehicle transport ship off the island of Mallorca after some of the crew were airlifted to safety earlier on Wednesday, reports Reuters.
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Air Pollution on Cruise Ships: Controversy Picks at Industry’s Eco Credentials
A recent report found high levels of air pollution on the deck of four Carnival Corporation cruise ships. Although doubts were raised on its credibility, the study has triggered a new wave of debate...
Inside The World’s First Cruise Ship Built For The Galapagos
Based on an article published by Forbes, Celebrity Cruises is putting the final touches on Celebrity Flora, the first ship in the world built to sail to the Galapagos.
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While Celebrity has been...
The Curious World of Cruise Ship Godmothers
Based on an article published by The Telegraph, fast forward to the 21st century and it’s become customary for a celebrity, typically a woman, to christen a new cruise ship at a launch ceremony.
Here,...
Slow Ship Speeds Picks Up Steam at This Week’s IMO Meet
Drewry Shipping Consultants said slower speeds may have some benefits for the industry, but only up to a certain point.
IMO's meeting in London, first suggested by representatives from France, to reduce ship...
Asia Oil Buyers, Shippers Go on Alert After Attacks on Saudi’s Oil Pumping Facilities
Armed drones attacked two of Saudi Aramco’s oil pumping stations and forced the state producer to briefly shut its East-West pipeline, known as Petroline.
The attacks pushed up global oil prices by more...
Xeneta Reveals Sudden Container Rates Decline in All Major Shipping Corridors
After two months of steady increases in long-term contracted rates for containership operators, the latest XSI Public Indices report from Xeneta shows a reversal of fortunes, with rates falling by 4.2%, says an article...