US LNG Transforming American Maritime Industry
US congressional legislation requiring a portion of US LNG to be shipped on US-flagged vessels is not necessary to create American maritime jobs, writes John Snyder in an article published in LNG World Shipping.
Cargo...
IMO Aims To Halve Global Emissions By 2050
UN agency IMO is responsible for the safety and security of shipping and the environmental impact of ships, and is the only organisation bringing all the world’s nations together to regulate marine transport.
This...
Lubricants and Additives Target Low-sulphur Fuel Oil Concerns
New cylinder lubricants and additives are being launched on to the market to tackle fuel quality and engine concerns around 2020-compliant very low-sulphur fuel oil (VLSFO), reports Marine Propulsion.
Shell Alexia 40
Shell Marine has become...
NORDEN: Strong Winter Market in Tankers – Collapsing Dry Cargo Market
Interim report - First quarter of 2019 and video: NORDEN Update,07 May 2019. Some highlights of it published on their website are as follows:
First quarter of 2019
Adjusted Result* for Q1 2019: USD 7 million...
[Answer] How Does Modern Ship Escorting Work?
Ships are escorted in several ports around the world, for instance in the U.S., Europe, Australia, and Japan. Escorting can be carried out in several ways, with all types of tugs at low speeds...
Värde and Landbridge Announce Sale and Lease Back of VLCC
Värde Partners and Landbridge VLCC International announced a sale and leaseback transaction of a very large crude carrier (VLCC), arranged by Pareto Securities based on a press release obtained by AP News.
Modern fuel-efficient tanker
Värde Partners is a...
Weekly Bulk Report – Week 19, 2019
The Baltic Briefing has released Bulk carrier maritime activity report for the 19th week of this year. The report formulated on 10th May 2019 highlights the situation in the bulk carrier market including trading activities,...
GasLog Warsaw Helps Meet Rising Demand for LNG Shipping
Greek shipowners have been on a spending spree, ordering LNG carriers at South Korean shipyards at a rapid-fire pace.
The fleet investments are being driven by increasing LNG demand, which rose globally from...
How Will 2020 Regulation Conformance Be Monitored?
According to a press release, notes from the European Maritime Safety Agency (EMSA) – Sulphur Inspection Guidance. The following are some FAQ about the enforcement of IMO 2020 sulfur regulations.
These are taken from the...
$44.9 Million Worth Drug Busted Aboard Container Vessel at Dunkirk
Based on a report by Reuters, French authorities seized half a tonne of cocaine worth around 40 million euros ($44.9 million) in the northern port of Dunkirk.
What happened?
On May 14, Budget Minister Gerald Darmanin...