Weekly Tanker Report – Week 10, 2019
The Baltic Briefing has issued the tanker report for the 10th week of this year. The report dated 8th March 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and...
Oil Prices Rise Amid Broad Market Rally, OPEC Supply Cuts
As per an Asian Age report, the oil market is in a turmoil with prices rising high amidst supply cuts and broad market rally. Here's an insight into the situation at hand.
The Oil Market...
Booking Ocean Freight To Be Easy As Sending a Parcel-Maersk
In a major development, Maersk Chief Executive Soren Skou has announced that they are looking for more small deals in a bid to remake the ocean carrier into a FedEx or UPS of the...
Singapore Strait Traffic Jam Parades World’s Economic Growth
TodayOnline has published an article on visitor’s remarks while flying into Singapore’s Changi Airport. It is all about the hundreds of vessels, from supertankers to freighters, anchored along the coastline.
Why are there so many?...
YSA Design Interiors Ideas Do Justice to Bellissima
The luxury ship MSC Bellissima's interiors have been designed by YSA Design with contemporary industrial restaurant design in a re-envisioned version of the chocolaterie.
The 5,686-passenger capacity, the 171,598 gt luxury ship is now on its...
Asian Engine Designers Offer More Options for Aspiring LNG Users
LNG though being used in four-stroke engines for many years, there are advances to be made.
M23G engine meets IMO Tier III NOx emission limits without after-treatment.
SMDERI aims allowing operators to run...
Boeing Grounds Entire Global Fleet of 737 Max Aircraft
Boeing has grounded its entire global fleet of 737 Max aircraft after investigators uncovered new evidence at the scene of the crash.
The satellite data showed possible similarities between flight patterns of Boeing...
Genco Secures Additional Financing for Scrubber Installations
Genco Shipping & Trading Limited closed financing for scrubber installations on 17 of its Capesize vessels.
Amendment made to its USD 460 million credit facility to provide an added tranche of up to...
How Europe’s Busiest Port Is Helping Make Autonomous Ships a Reality?
Dutch startup Captain AI Rotterdam is engineering self-driving boats and ships with the deep learning algorithms and a computer simulator.
Captain AI successfully demonstrated a self-driving version of one of Rotterdam’s popular water taxis...
Tanker Operators Appear To Ignore European Regulation on Ship Recycling
Dr.Nikos Mikelis of GMS, tanker operators has specified that the European regulation on ship recycling is ignoring the regulation.
he EU SRR requires that vessels will be recycled only in a yard that...