DNV GL Chief Bats for Safety Over Environmental Concerns
According to DNV GL's Chief Executive of Class Society Knut Ørbeck-Nilssen, as environmental concerns overtake safety and security issues in the shipping technology, markets, and regulatory developments, ‘tectonic’ changes in the industry is occurring...
An Industry Transformation : Richard Branson’s Adults-Only Virgin Voyages Luxury Cruise Line
Tickets for Virgin Voyages maiden voyage in April 2020 are now on sale.
Instead of buffets, more than 20 individual restaurants are included in the price of the cruise.
According to Bain Capital,...
Baltic Index Dips 46% Marking Its Biggest Quarterly Slump in Three Years
The Baltic index, was down 0.4%, at 689 points and has fallen about 46% marking its biggest quarterly decline in three years.
The capesize index dropped 17 points, to 150 points, an all-time...
Open Loop Scrubbers Viable for 80-90% of Global Shipping
Yara Marine sees 80-90% open loop scrubbers feasible, though a growing number of countries and regions around the world are introducing bans on the same.
Some studies shown no real environmental impact by...
Massive Ship’s Return Trip To Close The Delaware Memorial Bridge Again
The ship that caused the Delaware Memorial Bridge to shut down traffic last Tuesday is set to do it again.
The Zhen Hua 25, will make its way under the Delaware Memorial Bridge...
Trafigura Ships More Asian Gasoline To Americas on New Tanker
Trafigura is shipping newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West.
The Suezmax ship owned by Trafigura is capable of carrying more than 900,000 barrels...
LNG Fuelling Infrastructure – Multiple Demand Is Key To Success!
Chart Industries to develop cryogenic tank equipment at Eagle LNG’s Talleyrand LNG bunkering station in the Port of Jacksonville (JAXPORT) in Florida.
The facility provides weekly refuelling for Crowley Maritime’s two LNG-powered, 2,400-TEU...
Drunken Sailors from Dutch Cargo Ship Rescued from a Deserted Island!
According to Boston News, Three sailors from a Dutch cargo ship were rescued from a deserted island hours after getting lost in foggy conditions after going out for a night of drinking.
What happened?
The men...
Baltic Exchange Keeps Shipping Indices Unchanged Ahead of IMO Changes
A Reuters report by Jonathan Saul shows how the Baltic Exchange is coping ahead of the new IMO regulations.
Shipping Indices Unchanged
The report edited by Alexandra Hudson shows that the Baltic Exchange has opted to...
FFA Market Traces Back to Its Route Through Brazil-China Grain Trade
FFA market goes ‘back to its routes’ with the launch of cleared futures contract enabling users to hedge booming Brazil-China grains trade.
New route offers shipowners and grains market players on the key...