Angelicoussis Adds Another 174,000 cum LNG Carrier at DSME

Greek owner Angelicoussis has added one more LNG carriers to his huge orderbook at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), says an article published on Splash 247 website. Vessel capacity and delivery info The...

Weekly Tanker Report – Week 15, 2019

The Baltic Briefing has issued the tanker report for the 15th week of this year. The report dated 12th April 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...

Tanker Sector: A Liquid Sales Environment

Tankers are considered to be the most liquid of all the shipping sectors in giving investors flexible market opportunities. Dry bulk sectors had a higher level of liquidity between 2009 and 2018 and only under...

Chinese Yard Plans To Build 270,000 cu.m LNG Carrier

DNV GL signed a joint development project (JDP) agreement with China’s Hudong-Zhonghua Shipyard, reports MarineLog. What is in the agreement? DNV GL signed a joint development project (JDP) agreement with the shipbuilder at the recent LNG19...

ReCAap Meet Reflects The Vitality of That Shared Responsibility

ReCAAP Information Sharing Centre (ISC) held its annual Piracy and Sea Robbery Conference to an audience of international maritime stakeholders including shipping and marine insurance companies, regulators and law enforcement agencies, as well as...

VLCCs With Scrubbers Will Yield US$6,100/day More

US shipping research group McQuilling Services has released its 2019-2023 Tanker Market Outlook, reports Tanker Shipping & Trade. Here's an excerpt from it. Basis of forecast The outlook consists: a five-year spot and time charter equivalent (TCE)...

[Answer] Magnesium Hydroxide a Safer Option for Closed-loop Scrubbers?

A stable suspension brings operational and cost advantages for closed-loop scrubber users, says an article published in Marine Propulsion. The article highlights how easier handling makes magnesium hydroxide a more attractive option for ship operators...

Deck-Cooling Order! Tankers Must Cool Decks During Panama Canal Transits

According to an article published by Standard-club, tankers have been issued with new deck-cooling orders by the Panama Canal Authority (ACP). Directives for lesser flashpoints The directive applies from this month and involves all crude, product...

Global Launch of Internet of Ships Open Platform Announced

ClassNK has announced the global launch of IoS-OP (Internet of ships open platform) at Sea Asia Exhibition. IoS-OP is a platform for data distribution and utilization under common rules to distinguish a cooperative and competitive domain. IoS-OP...

Yang Ming Invests in Four New Compliant-friendly 11,000 TEU Boxships

In a recent development, the Keelung, Taiwan-headquartered ocean container carrier Yang Ming announced that they have signed charter agreements for four box ships of 11,000 TEU with ship-owning specialist Shoei Kisen Kaisa of Imabari...