As shipowners gear up for the switch to cleaner fuels, LSMGO gets its demand Overall bunker demand was slower owing to a year end buying lull . Some owners are testing their engines...

In a major development, Europe's largest multimodal operator Samskip has been named the lead partner in ‘Seashuttle’, a project seeking to bring emissions-free, autonomous container ships to market that also operate at a profit,...

There will be more consolidation in the ship management sector as company founders decide on their future and mid-sized managers come under pressure, says Anglo-Eastern ceo Bjorn Hojgaard in a recent interview with Seatrade...

As the IMO 2020 deadline is closing in, the financial results of the third quarter 2018 shows that the benefits of carriers’ earnings would be overshadowed by new challenges, writes Hailey Desormeaux in the...

The 51st weekly assessment report for the tanker market has been released by the Baltic Exchange. VLCC Middle East Gulf rates shed 3/3.5 points to WS 83/83.5 for 270,000mt to China. Going west, 280,000mt to the US...

Capesize Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route collapsed with business concluded at under $6.00 having touched $9.00 just...

On 21st Dec 2018, Tokyo MOU issued a press release stating that, the Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will start issuing a letter...

Maersk and IBM join hands to realize blockchain dream fro TradeLens Key players and major carriers keen on developing their personal blockchain solution Supply chains to benefit from blockchain revolution and Maersk keen...

On December 21, the Mitsui O.S.K. Lines announced that MOL, MOL Techno-Trade, National Maritime Research Institute, and Tokyo University of Marine Science and Technology has conducted a joint assessment and feasibility study on advanced...

Ballasting proves to be a problem for crude oil carriers in the tanker market Bigger ships have more opportunities to cut ballast legs by triangulation than VLCCs The relentless shift of crude oil movements...