Weekly Maritime Security Report

The Protection Vessel Weekly has released the weekly maritime security report which highlights the various issue faced by shipping vessels. Southeast Asia Malaysia: Kidnappers abduct three fishermen off Tambisan Island On 5 December, according to a late...

Hydra’s Fully-classed DP2 Saturation Diving Vessel Charter Ready

The subsea construction company Hydra is making its saturation diving vessel available for charters. It's time for the Subsea Responder to charter as it has completed its 5-year reactivation survey. It outperforms four-point...

Guidelines on Austenitic Steel for LNG Storage and Fuel Tanks

Maritime Safety Committee approved the Korean Register's interim guidelines on high manganese austenitic steel use for LNG storage. Earlier only aluminum alloy, Invar, stainless steel and  9% nickel were allowed in LNG tanks. ...

ClassNK Releases Amendments to Class Rules

On 25 December 2018, leading classification society ClassNK has announced that it released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships. Rules and guidance ClassNK is constantly revising its Rules...

Freightos Baltic Container Report – Week 50, 2018

Report Highlights Transpacific pricing usually picks up mid-December as importers look to replenish after Christmas. But, wary of trade tariff increases, many importers are already overstocked. So, it wasn’t surprising that the mid-December General Rate...

Project Seashuttle for Developing Autonomous Container Ships

  Samskip has announced the project Seashuttle to develop autonomous, zero-emissions container ships A grant of €6 million has been awarded by Norwegian government money to Project SeaShuttle and has also received funding from various...

Rotor Sails Can Replace Upto 50% of Ship’s Engine Propulsion

Moller-Maersk pledged this week to cut carbon emissions to zero by 2050. The Maersk Pelican oil tanker is being used to test Norsepower's 30 metre deck-mounted spinning columns. The Goodshipping Program, is trying...

The “Internet of Shipping” Is Upon Us

The startup ShipChain expects vehicle tracking pilot project with Perdue Farms to be fully operational by 2020. Venture capital invested more than $3.3 billion between 2012 to 2017 in 'Digital Shipping and Logistics...

Diana Time Charters Kamsarmax Dry Bulk With Glencore

Diana Shipping Inc will be chartering the 2010-built Kamsarmax dry bulk vessel, the m/v Myrsini. This contract with Glencore Agriculture B.V., Rotterdam commenced on December 22, 2018. The gross charter rate is US$12,750...

ScanOcean to Resell Neste’s Low-Sulfur Bunker Fuel Off Sweden

Neste and ScanOcean AB enter into cooperation in delivering Neste’s low-sulfur marine fuel on the East Coast of Sweden, says an article published in Hydrocarbon Engineering. An official reseller ScanOcean AB is now an official reseller...