Environmental Crisis! Toxic Peroxide Found on Dutch Beach

Toxic Peroxide Found on Dutch Beach After Cargo Ship Loses 277 Containers says The New York Times. Authorities deployed to attend The Dutch authorities were struggling to respond to a possible environmental crisis after a cargo...

Ship Shortage Threatens Asian LNG Market Growth

Shortage of supply vessels threaten LNG market in Asia High charter rates have been attributed to a surge in gas demand from China LNG sales have been on a steady rise as natural...

LNG to be a Major Source of Marine Fuel for the United States

United States is increasingly dependent on LNG as a major viable fuel source Shell Global, Q-LNG, VT Halter Marine and Wärtsilä began working on an Articulated Tug Barge Favourable cost differential and superior...

‘An Environmental Bomb’: Greece to Haul 27 Abandoned Ships

The Gulf of Elefsina, the chief industrial shipyard area in Greece is home to dozens of abandoned cargo ships and passenger ships. Now, the Greek Government plans to haul these hulking remains of a cargo...

[Watch] Flat-Screen TVs, Car Parts Wash Up on Dutch islands

  Around dozens of containers with items including flat-screen televisions have washed up on Dutch islands in the North Sea after a ship lost part of its cargo due to stormy weather conditions. What happened? The Panamanian-flagged...

Shipping Must Up Its Fuel Testing Game

A focused fuel testing mechanism is needed to counter the complex fuel contamination issues. Last year more than 150 vessels in Houston and Singapore faced such issues. BIMCO’s Deputy Secretary-General Lars Robert Pedersen...

Ship Loses Highly Flammable Cargo in Storm

On January 2, a cargo ship was caught in rough North Sea weather and lost around 270 containers including highly flammable cargo. What happened? The cargo ship 'MSC Zoe' was enroute for Germany when it was...

Dangers of Contaminated Fuel

The shipments of contaminated bunker fuel have made their way to several bunker ports in different countries. The International Association of Independent Tanker Owners (Intertanko) and shippers worldwide have called for a stricter quality...

World’s Biggest Ship-to-Ship LNG Transfers Starts off in Turkey

Turkey started one of the world's biggest ship-to-ship Liquified Natural Gas (LNG) transfers on Wednesday in the Mediterranean port of Dortyol, announced Mehmet Tecimen, regional director of oil utilities, Turkish Petroleum Pipeline Corporation (BOTAS). World’s...

Maersk Announces Rate Increase from US and CAN

Maersk has announced an increase in all contract rates expiring on January 31st, reports Ajot. The rate increase for the relevant trade for various commodities and container types is: Origins Destinations Cargo Type Price Increase Amounts (USD) Effective date 20...