About 90% of all goods exported around the world cross the oceans on ships, that account for GHG and sulfur dioxide emissions and fine particulate matter. Study reveals maritime transport cause 60,000 premature...

  IFRS 16 rule a significant change from the previous rules IAS 17, requires lessees to capitalise all leases, except for short-term leases and those of low-value assets. Under IFRS 16, operating leases are...

The terms of the charterparty for a tanker entering West African waters provided that armed guards were to be appointed at the charterer’s expense but the charterers refused to pay the invoice, says an...

Open loop scrubbers use seawater to remove sulphur emissions and then pumped back into the sea as liquid emissions. Concerns have been raised about the concurrent effect of the technology on water quality...

The Baltic Briefing has issued the tanker report for the 21st week of this year. The report dated 24th May 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...

According to an article published by Fox News, two barges carrying thousands of pounds of fertilizer broke loose from their moorings on Wednesday night. What happened? The runaway barges floated down the swollen Arkansas River before...

According to an article published in the Bangkok Post, Sri Racha district has been declared a danger zone after a large cargo ship burst into flames following a loud bang from one of its...

Fujairah's oil data slumped 7.9% in the past week to 23.721 million barrels as of May 6 and is considered to be the biggest drop in five months. This decline has been attributed to...

With lifeboat supplier Norsafe well integrated into the VIKING group, the offshore industry has access to an unprecedented range of solutions to help improve safety while reducing compliance related complexity and costs, says a...

All parties involved in the sale of the shipyard in the Helsinki, Finland, have agreed on the terms of the transaction, reports Tanker Shipping. The new company established In preparation for the closing, Arctech Helsinki Shipyard...