China’s Fleet Value Booms
China’s total vessel fleet is currently worth $90 billion and the third most valuable corporate fleet in the world.
Singapore has bagged the fourth position fourth after it increased its fleet’s value by $3.1...
Bulk Report – Week 6, 2019
The Baltic Briefing has formulated the weekly dry bulk carrier report for the sixth week of this year. The report formulated on 8th February 2019 highlights the maritime industry's activities this week.
Capesize Market
The Vale...
World’s Largest LNG Bunker Tanker Christened
Kairos the world’s largest LNG bunker tanker of capacity 7500 cu m commissioned.
The vessel addresses environmental concerns and the global move towards more sustainable transport modes at sea.
Nauticor chartered the Kairos...
Cruise Ship Engine Fails and Crashes into Dock in Puerto Rico
According to reports, the Norwegian Epic cruise ship, based out of Port Canaveral was stalled in San Juan after it ran into engine trouble at sea and crashed into a dock in Puerto Rico.
What...
Commissioning Scrubbers Alone Not Enough for Compliance
By this time most shipowners have opted for scrubbers installation in order to be compliant to the IMO 2020 sulphur fuel regulations. However, the ambiguity and disparity regarding the correct way to compliance remain....
Ship Runs Aground Off Solomons Coast Ment
A ship has run aground off the southern coast of the Solomon Islands and officials say bad weather is hampering efforts to salvage the vessel, reports RadioNZ.
What happened?
Shipping agent Tony Saliga said that, the...
Global Oil Demand Growth to Slow – McQuilling
Global oil demand growth and crude supply growth is likely to slow over 2019-2023.
Crude and residual fuel tonne/mile demand is forecast to increase by about 0.9% on an annual basis throughout 2019-2023.
...
Wärtsilä to Deliver First Short-Sea Shipping Hybrid Retrofit
Wartsila delivering the first hybrid short-sea retrofitting including a shore power connection provider for port loading operations and PTI technology.
The retrofitting is done on Hagland Shipping's waste treatment specialist cargo-carrying vessel Hagland...
Freight Rates on Asia/Europe Routes to Remain Depressed for Years
Capacity growth on the Asia/Europe maritime routes are set for substantial increases in 2019 and 2020.
IMO 2020 will lead to increases in the cost of fuel for most ships, and extra shipping...
Efficiency of Wärtsilä BWMS Certified by Uptick in Demand
Wärtsilä’s Aquarius UV BWMS solutions recognised by owners around the world.
The technology group has recently bagged contracts to supply its BWMS for installations in RoRo ferry, RoPax, tankers and container vessels.
Ship...













