Towboat Fire Closes Mississippi River in East Arkansas
On September 12, a tow boat fire was reported on the Mississippi River, between east Arkansas and northeastern Mississippi.
What happened?
The tow boat ‘Jacob Kyle Rusthoven’ reportedly caught fire on a 10-mile stretch of the...
Maersk to Invest in Scrubbers
The shipping giant A.P. Moller-Maersk has decided to invest in devices that will curtail the harmful exhaust emissions on its vessels.
Compliance with regulations
This move by Maersk comes ahead of the regulations set by the...
1,600 Killed When Germans Sank British Ship Off West Africa
History has a habit of repeating itself and whenever that happens it goes on a rampage. To prevent this we need ample understanding of the past so that the present becomes error free and...
Capacity Cuts and Trade War Increase Idle Container Tonnage
Increasing number of container tonnage has been lying idle due to the combination of capacity cuts by the carriers and looming threat to hike tariffs on Chinese goods by US president Donald Trump.
Container trade...
Market is Mispricing Both HSFO and LSFO
Norway based pharmaceutical company Vistin Pharma has set its sights on big trading opportunities ahead of new stricter shipping fuel regulations in 2020 and plans to set up two new funds by the end...
World’s Most Advanced Ship For Monitoring Harmful Algae Completes Survey
Harmful algal blooms are posing to be a hazard in the Irish waters concluded a advanced ship monitoring survey. Booms of toxin-producing algae and unprecedented levels of microplastic particles were detected in a recent...
Asleep at the Switch, or Awake on All Suits
We are all aware that our industry is going through a period of enormous change, driven by both regulatory and market forces. But much of this should not come as a complete surprise:
Agreement...
New DNV GL Autonomous Guidelines to be Trialled on Yara Birkeland
DNV GL has announced the release of a class guideline for autonomous and remotely operated vessels, which will be trialled on autonomous cargo vessel Yara Birkeland, at SMM in Hamburg.
What it covers?
The new guideline...
Refiners, Shippers Face Uncharted Waters of Low-Sulphur 2020 Rule
Increased scrubber installation cost, logistical pressure, and a shorter time limit are some of the challenges faced by shippers.
Refiners are facing the heat and are changing to distillates or desulphurising streams.
The...
Scrubbers Market to Surpass $8 Bln by 2024 – Report
Global market share for marine scrubbers to surpass $8 billion by 2024
worldwide marine scrubber systems market generated $800 million in 2017
Marine tourism in 2016 generated a revenue of $7.6 trillion and...