SembMarine Secures S$175m Worth Contracts
SEMBCORP Marine has secured new contracts worth an estimated S$175 million to build LNG vessel, repair and modernise cruise ships, reports The Business Times Singapore.
What is in the agreement?
SEMBCORP Marine has bagged new contracts...
Freight Derivatives and Iron Ore Futures Volumes Soar
The macro-economic factors and the tragic events in Brazil along with uncertain US-China trade relations heightened uncertainty and created trading opportunities.
The total impact on the FFA market was to increase combined FFA...
Capesize Index Turns Positive For The First Time in Weeks
According to freight investor services, Capesize rates have continued to be depressed by lack of physical activities this week.
Positive capsize index
The paper market for Capesize index managed to turn positive for the first...
Toxic Fumes From Ships Linked To Thousands of UK Deaths
The United Kingdom has been categorized as one of the most vulnerable nations to the toxic fumes.
Experts reveal more than 3,000 British deaths each year can be attributed to shipping emissions.
Britain ranked...
Firefighters Battle Flames, Wind, And Cold in 1916 Ship Fire
According to Collingwood Today Feature, we return to the early morning fire aboard the City of Midland that emblazoned Collingwood’s skyline on Friday, March 17, 1916.
Blaze Account
This account of the blaze appeared in The Messenger...
Japan To Develop Long-Range, Air-To-Ship Cruise Missiles
Japan all set to develop for the first time long-range, air-to-ship cruise missiles.
The missiles are capable of attacking a warship from beyond the range of enemy weapons for more than 400 kilometres.
The Defense...
First Ship-to-Ship LNG Transfer Completed in Bahamas
Excelerate Energy and Equinor Energy completes first ever ship-to-ship transfer of LNG in the Bahamas.
Excelerate’s FSRU Exemplar and Equinor’s 140,000 m3 LNG carrier Arctic Voyager, were used to transfer a full LNG...
Debate on Impact of Vessel Scrubber Discharge Water To Face Deviation
Under the IMO 2020 regulations, ship operators are required to use 0.5% LSFO or 3.5% HSFO provided vessels are fitted with scrubbers, commencing next year.
Open-loop scrubbers, remove harmful sulfur dioxide from stack...
Filipino Seafarers Send Home 6.14 bln USD in 2018
Filipino seafarers onboard foreign ocean-going vessels sent home 6.14 billion U.S. dollars through the banking system in 2018.
This amount makes up 4.6 percent or 270 million U.S. dollars from the 5.87 billion...
JMU To Build LNG Bunker Vessel
Japan Marine United (JMU) will construct a new LNG bunkering ship.
The LNG Bunkering ship will also be capable of carrying low-sulphur fuel oil.
The vessel will have an LOA of 95.57 metres,...