Slow Ship Speeds Picks Up Steam at This Week’s IMO Meet
Drewry Shipping Consultants said slower speeds may have some benefits for the industry, but only up to a certain point.
IMO's meeting in London, first suggested by representatives from France, to reduce ship...
Asia Oil Buyers, Shippers Go on Alert After Attacks on Saudi’s Oil Pumping Facilities
Armed drones attacked two of Saudi Aramco’s oil pumping stations and forced the state producer to briefly shut its East-West pipeline, known as Petroline.
The attacks pushed up global oil prices by more...
Xeneta Reveals Sudden Container Rates Decline in All Major Shipping Corridors
After two months of steady increases in long-term contracted rates for containership operators, the latest XSI Public Indices report from Xeneta shows a reversal of fortunes, with rates falling by 4.2%, says an article...
Choosing the Right BWTS for an LNG Carrier
A ballast water treatment system needs to be able to consistently match the loading rate of an LNG carrier. Although, LNG operators have many options when it comes to ballast water treatment systems, but...
Changes to Credit in Bunker Industry Gain Traction as IMO 2020 Nears
According to a Platts article, the momentum is building behind changes in the bunker credit industry, as impending changes in marine fuel sulfur content signal higher costs.
Finance Facility
The reports goes on to state how...
Chevron Marine Lubricants Publishes New 2020 Global Sulphur Cap White Paper
In a major development, Chevron Marine Lubricants has released the second in a series of new white papers focusing on innovations and developments impacting the fast-changing shipping industry, says a report published in Safety4Sea.
The...
Weekly Tanker Report – Week 19, 2019
The Baltic Briefing has issued the tanker report for the 19th week of this year. The report dated 10th May 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...
Weekly Maritime Security Report – Week 17, 2019
Protection Vessel International has released the Maritime Security Report for Week 17 of 2019. The report formulated on 15th May 2019 highlights the various security breaches that have happened over the past week.
Ecuador: Robbers attempt...
Adult-Only Cruise Ship Norovirus Outbreak Strikes Passengers Aboard Newly Renovated Vessel
Based on an article published by Newsweek, just a month on from its launch following a lavish renovation, norovirus has struck the Marella Explorer 2 cruise ship as it journeyed through the Mediterranean Sea,...
IMO 2020 to Benefit US Refiners and Trade
Fourteen Republican US senators urged the White House on Monday to let tougher international marine fuel sulfur standards take effect without interference in January based on a report by Platts.
A balanced approach
Arguing that US...