LNG Containment Systems; Options Increase As 2020 Draws Near!

New containment systems could accelerate LNG bunker vessel builds as a deadline for IMO’s 2020 sulphur cap just months away. LNG as a marine fuel is gaining larger market acceptance as a compliance option...

Major Hubs Missing As Another Oil Giant Announces 2020 Fuel Plans!

Fujairah and Houston are touted to be the major bunker hubs with one not offering its 0.5% very low sulphur fuel oil. BP Marine has begun sale of its new fuel, compliant with IMO’s 2020...

German-Owned Ship Detained at Port Kembla! Crew Alleges Mistreatment!

According to ABC News, Australia's maritime safety watchdog has detained a German-owned cargo ship on the NSW south coast while it investigates several complaints from its crew about working conditions. What happened? The Anna Elisabeth is...

Endesa Charters Gaslog Warsaw in US LNG Supply Deal

Endesa and GasLog, signed an eight-year charter agreement for the maritime transport of the company's LNG acquisitions after May 2021. Endesa will receive the LNG carrier in September for the start of its...

Shell Ships First Condensate Cargo from Prelude off Western Australia

Royal Dutch Shell shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia. Shell had hoped to start generating cash flow from Prelude in 2018, but...

Shipping Companies Banking on Gas Carriers As LNG Demand Grows

  Demand has grown sharply in Asia and in the U.S. as improved hydraulic fracturing technology has made drilling for both shale oil and gas more cost-effective. LNG market is driven by growing demand...

Shipowner’s First Ship Recycling Transparency Initiative Report

The first report of the Ship Recycling Transparency Initiative (SRTI) indicates a growing movement stepping up the pressure on shipowners to disclose their approaches to ship recycling, reports Waste Management World. What is the Initiative? The...

Maersk Round Trip To Test Emission Reduction Target

Maersk ship Mette Maersk commences on a round trip trial of commercially viable biofuel testing. The biggest biofuel testing of the world will save 1.5 million kilos in a 25000 nautical miles Rotterdam-Shanghai...

IMO 2020 : ExxonMobil Sights Marine Fuels Business Prospects

The IMO responsible for the safety and environmental performance of the shipping sector, has set sulphur cap to reduced sulfur emissions by over 80%. ExxonMobil, the oil major views the IMO 2020 sulphur...

Weekly Bulk Report – Week 12, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 12th week of this year. The report formulated on 22nd March 2019 highlights the situation in the bulk carrier market including trading...