DSME Bags Its Fifth LNG Carrier Order from Maran Gas
According to an article published in LNG World News, the leading South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has reserved a new liquefied natural gas carrier order from the Greek shipping...
Will Star Bulk Carriers Corp. Get Their Groove Back?
Star Bulk Carriers Corp. noted that the stock most recently closed at 7.8 and by going back a full year, the stock has seen a change of -44.41281139 over that stretch.
Since last...
Weekly Maritime Security Report – Week 21, 2019
Protection Vessel International has released the Maritime Security Report for Week 21 of 2019. The report formulated on 12th June 2019 highlights the various security breaches that have happened over the past week.
Indonesia: Robbers steal...
Tanker Ship Hit Sunshine Bridge Reopens Again
According to an article published in The Advocate, a tanker ship hit the Sunshine Bridge on Sunday afternoon, prompting a temporary closure of the span.
What happened?
On June 16, the boat hit the bridge around...
Batangas-Bound Ship Catches Fire Near Recto Bank
According to an article published in Rappler, a car carrier caught fire near Recto Bank and was subsequently abandoned by its crew members.
What happened?
On 17 June, a car carrier ship was abandoned near Recto...
Bunker Fuel Market To Rise To a Total Volume of 460 Million Tons By...
Global bunker fuel market set to rise to a total volume of 460 mn tons by 2020, exhibiting a steady 3.1% CAGR in the last six years of the ongoing decade.
Bunker fuel...
Maersk Signs TradeLens and Cold Store Warehouse Deal With Russia
In a major developmet, A.P. Moller - Maersk and Russian Ministry of Transport signed a Memorandum of Understanding on June 5, enabling the launch of TradeLens in Russia, reports the Maritime Executive.
TradeLens in Russian...
New Improved Tougher Evac BWMS Gets IMO Type Approval
In a recent development, the Evac Evolution Ballast Water Management System (BWMS) has announced that they have been granted IMO Type Approval, following testing to the latest IMO requirements which encompass the revised G8...
MEPC74 Fuel Oil Non-Availability Report (FONAR) Guidelines
The recently concluded MEPC74 meeting held in London last month has set a guideline report on what needs to be done in case of non-availability of compliant and how to report it in different...
Scrubber Benefits To Disappear But LSFO Premium Stays
According to the Drewry Maritime Reserach, the business case for retrofitting scrubbers will eventually “disappear” as the price spread between high sulfur fuel oil (HSFO) and low sulfur fuel oil (LSFO) will keep on...