Maersk Says US-China Trade War Hitting Shipping Demand
In a major development, the Danish shipping giant A.P. Moeller-Maersk AS swung to a first-quarter loss and warned that rising trade tensions between the U.S. and China could cut container growth by up to a third this...
MEPC74 Guide for Shipowners and Operators
IMO has discussed various issues pertaining to global shipping in the recently concluded MEPC74 meeting which was being held in its headquarters in London. From it emerged some guidance for shipowner and operators, as...
Newbuilds Need To Be 50% More Energy Efficient: IMO
In a major development, the International Maritime Organization (IMO) agreed on stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector’s emissions, reports CNBC.
The...
Weekly Bulk Report – Week 21, 2019
The Baltic Briefing has released Bulk carrier maritime activity report for the 21st week of this year. The report formulated on 24th May 2019 highlights the situation in the bulk carrier market including trading activities,...
New Tech To Catch Sulfur-Oxide Rule Breakers
Authorities use new tech to catch sulfur-oxide rule breakers as many many nations aim for full compliance with IMO 2020 regulations.
Preparations are underway to use a large, unmanned flying vehicle capable of...
Atleast 50 Injured After Cargo Ship Catches Fire at Thai Port
According to an article published by The Star, a cargo ship docked at the Laem Chabang deep-sea port in Chon Buri caught fire injuring at least 50 people.
What happened?
On May 25, the Bangkok Post...
Crew Evacuated from Tilting Cargo Ship in Liverpool
According to an article published by BBC, a crew had to evacuate a ship after it started tilting in the River Mersey in the early hours.
What happened?
The container vessel MSC Matilde was listing outside...
Baltic Holds Up at 1,000 Mark
BDI recorded at 1,068 points on 23 May 2019, up nine points on-day and remained above 1,000 mark.
The iron ore Fe 62% benchmark prices remained above $100/mt with Chinese ports inventory drop...
Innovative LNG Carrier To Carry LNG From US To Japan
A new generation 180,000-m3 LNG carrier under construction for a joint venture between Japan’s JERA and NYK Line was christened at Mitsubishi Shipbuilding Co, writes John Snyder for an article published in LNG World...
Uniper Energy DMCC Loads Largest-Ever LSFO Cargo in Fujairah
Uniper Energy DMCC, has loaded in Fujairah the largest-ever cargo of Low Sulfur Fuel Oil (LSFO) for delivery to Asian customers, reports IndraStra.
LSFO made available for Asian customers
Uniper Energy DMCC, which supports 17 United...