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...
AET Announces Contract for DP Suezmax Tanker with Shell
New time charter deal by AET with Brazil shipping.
Charter vessel equipped with Dynamic Positioning (DP) for dependability.
“Helps develop Brazil’s global trade opportunities”, says Shell Trading and Supply Crude vice president.
AET...
Megaships Being Built in Shanghai
World's largest container ships that can carry more than 23,000 standard containers
Vessel will be 400 meters long and 61.3 m wide, and can move 220,000 metric tons of cargo
First large container...
Diana Strikes Time Charter Contract for m/v Artemis
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter...
Maersk Line Announces Rates from Europe & Mediterranean
In a major development, the shipping giant Maersk Line has recently announced an increase in FAK rates (Freight All Kinds) which are subject to Terminal Handling Charges (THC) and Peak Season Surcharge (PSS).
Below are...
Only Cat Ever to Win the Highest Honor
An historical cat receives a Dickin Medal, the highest British honor awarded for animal displays of bravery in battle. As of 2018, only one cat has ever earned the prestigious prize. His name was...
DNV GL Awards AiP for Very Large Ethane Carrier Design
DNV GL has awarded shipyard Jiangnan with an Approval in Principle (AiP) for the design of a very large ethane carrier “PANDA E”.
Jiangnan Shipyard gets AiP
Leading classification society DNV GL has awarded Chinese shipyard...