Cargo Liquefaction and Failure Behind Most Bulk Casualties: Intercargo
According to an Intercargo report, the loss of life arising from bulk casualties, that occurred over the past ten years, was mostly caused by cargo failure and liquefaction, says an article published in Lloyd...
‘JIT Sailing’ Concept To Reduce Fuel Costs and Boost Schedule Reliability
According to a Loadstar article, Just-in-time (JIT) vessel arrivals could answer two of container shipping’s most pressing problems: surging fuel costs and poor schedule reliability.
What is it?
Vessel tracking specialist MarineTraffic is working with the...
IMO Ready?!Cleaning Fuel Tanks Laden With Residual Bunker Fuel from Years of Use
According to industry experts' analysis, tougher global marine fuel specifications are likely to strain the smallest players onshore and at sea, as companies plan for major sulfur reductions beginning next year, reports Argus Media.
Cleaning...
Ship Orders Fell To 15 Year Low
Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even levels, says an article published in The...
German Green Cruise Liner Boom With Trump’s LNG Push
President Donald Trump’s bid to dump a glut of liquefied natural gas on Europe is getting an unlikely boost, reports Bloomberg.
The stringent Regulations
The International Maritime Organization will clamp down next year on sulfur and...
USCG Grants Minimal Holding-Time for Alfa Laval PureBallast 3
Alfa Laval PureBallast 3, the third generation of Alfa Laval’s ballast water treatment technology, received an updated type approval from the U.S. Coast Guard (USCG), says an article published in MarineLog.
What is the updated...
Freight Rates Get a Boost from Brucutu Mine Restart
Capesize rates saw an improvement after Vale’s announcement to restart Brucutu mine after it was affected by cyclone Veronica.
Capesize 5-time charter average recorded $6,209 on Wednesday, 17 Apr 2019, up to $218...
Weekly Tanker Report – Week 17, 2019
The Baltic Briefing has issued the tanker report for the 17th week of this year. The report dated 26th April 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter...
APL and Ship Captain Indicted in Illegal Cargo Case in HK
According to an article published by The Strait Times, more than two years after nine Singapore Armed Forces (SAF) armored vehicles worth HK$136.6 million (S$24 million) were seized in Hong Kong.
What happened?
A court in...
Restrain from Ordering New Ships! Over Capacity Drags Shipping
Container shipping capacity and preventing freight rates face major challenges for the container shipping industry.
ICS advised vessels to show restraint when ordering new ships to prevent stifling recovery.
Degree of uncertainty surrounding the...