BLOC System Completes Maiden Blockchain Bunker Transaction
The first BLOC’s bunker transaction using blockchain technology was made to a Samskip vessel via a Reinplus Vanwoerden bunker barge in Rotterdam on September 7, reports Bunker Index
With this, the digital solutions provider Blockchain...
Scorpio Tankers Announces Reduction in Commercial Management Fees
In a recent development, Scorpio Tankers Inc. announced that they will reimburse certain commissions of the SCM vessel charges, says a press release published on Scorpio Tankers website.
The Announcement
The Company and its commercial manager,...
Sulfur Cap to Create New Winners and Losers
A recent report released by Arab Petroleum Investments Corporation (APICORP) iterates that IMO's stand on introducing new rules aimed at reducing the cap on the sulfur content of marine fuel could have a major...
Jail for Boozed-up Captain Who Ran Ship Aground in Sweden
A drunken Russian captain ran his ship aground off the coast of Helsingborg in southern Sweden. And he is said to have tried to hide a whisky bottle which had led him to a...
Oil Tanker Runs Aground Off Milos
On September 19, a Greek-flagged oil tanker ran aground in the shallow waters at the beach of Kanavas, Milos.
What happened?
The Greek-flagged oil tanker 'Fres' ran aground in shallow waters at the beach of Kanavas while...
Pirate Attack! Scorpio Tanker Robbed
Anchored product tanker belonging to Scorpio Tankers, that arrived from Las Palmas, Spain was attacked by four armed robbers.
What happened?
On 17 September 2018, after midnight, the product tanker was boarded by four armed robbers...
Charter Party Bunker Issues Alert! Are Your Bunker Clauses 2020 Ready?
Though technical, regulatory and financial aspects of the 2020 global fuel sulphur cap regime loom large in people’s minds, the importance of the contractual dimension should not be overlooked.
BIMCO is forging ahead with an...
[Watch] The Investigation of the Sinking of US Cargo Vessel El Faro
This 15 minute video summarizes the NTSB investigation of the October 1, 2015, sinking of El Faro and the loss of all 33 mariners aboard. It examines the NTSB’s determination of the cause of...
It’s a Jalousie
A shutter or cover with louvers. It provides ventilation while restricting the entry of rain and wind.
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Source: Wartsila
Shippers Fear Engine Failures as Industry Forced to Upgrade Fuel
New marine fuel might damage ship’s engines
The use of scrubbers deposits sludge onboard
Improper mixing of fuel might ruin ship’s voyage, says Intertanko
LSFO Fuel availability for IMO 2020,unclear yet, no conclusions...