Hapag-Lloyd Chief: Bullish on Growth and Clawing Back Extra Fuel Costs
Hapag-Lloyd’s chief executive, Ralph Habben Jansen expects to see growth of 3-4% this year.
Hapag-Lloyd reported a preliminary operating result for the fourth quarter of €164m ($189m) and a full-year debit of €443m...
Oil, LNG Trade Flow Hike As US Extends China Trade Tariff Deadline
The US plans to raise tariffs on $200 billion of Chinese goods to 25% from 10% if trade negotiations with Beijing did not yield an agreement.
Both China and the U.S. confirmed that...
Whitepaper: Freight Rates May Rise Due To IMO 2020
Carriers and shippers are bound to face uncertainty due to IMO 2020 regulation because fuel costs constitute over 50% of operating expenses.
Seabury Maritime published a white paper on March 4th, in cooperation...
Lloyd’s Register Gives Nod To Maersk Bunker Adjustment
Maersk Tankers’ methodology of Bunker Adjustment reviewed by Lloyd’s Register, confirming its conformity to industry quality standards.
The fairest and most accurate way of distributing payments related to bunker consumption to partners.
Bunker...
Low Flash Point Residual Fuels Found in Singapore
According to a media brief given by the Lloyd's Register, FOBAS has tested a number of samples from Singapore last week which were ordered as ISO-F-RMG380 grades.
What's the concern?
A number of these samples,...
NYK Develops Software To Assist Vessel Berthing
In a recent development, NYK and NYK Group companies MTI Co. Ltd. and Japan Marine Science Inc. (JMS), announced that they have developed a system (patent pending) to assist with vessel berthing, says a...
[Watch] Container Ship Engine Room
Little tour inside the heart of the biggest ro-ro/container ship in the world.
Lenght : 240 mt gross tonn : 51055
Beam : 37,50 mt year of built : 2012
max draft : 11,50 mt
max speed :...
15 Songa Container Vessels To Be Scrubbers Equipped by 2020
In a recent development, the Norway-based feeder company Songa Container has announced that they have entered into purchase agreements for scrubber installations on all 15 vessels of their fleet, reports Safety4Sea.
How will it be...
Detained Russian Cargo Ship Kuzma Minin To Be Auctioned
The Kuzma Minin along with its 18-strong crew, stuck at Falmouth for nearly three months.
Inspectors for the Maritime and Coastguard Agency published a damning list of dangerous defects in January.
The ship...
Stowaway Dog Aboard a Cargo Ship Euthanized in HK
A stowaway dog which managed to get on a cargo ship in Thailand and sail all the way to Hong Kong was put down by the government on Wednesday, reports Asia Times.
How was he...