Bulk Report – Week 9, 2019
The Baltic Briefing has released Bulk carrier maritime activity report for the 9th week of this year. The report formulated on 1st March 2019 highlights the situation in the bulk carrier market including trading...
NYK Charters Its Eco-friendly Wood-chip Carrier for Long-term
In a recent development, NYK has announced that they have concluded a long-term contract with Mitsubishi Paper Mills Limited for a new wood-chip carrier to be built by Oshima Shipbuilding Co. Ltd. which would...
12 Vessels Travel 21,000 Miles Holding Nothing But Seawater
Vessels are making voyages of as much as 21,000 miles direct from Asia, all the way around South Africa, holding nothing but seawater for stability.
Middle East producers restrict supplies.
America’s light crude...
How Does Scrubbers Financing Work?
When it comes to complying to the new IMO regulations due to be effective from 2020, scrubbers installation is not the only challenge, the idea of securing the best possible financing solution is the...
Product Tanker Attacked, 3 Crewmembers Kidnapped
On March 2, a product tanker was attacked by pirates near Lome, Togo waters, Gulf of Guinea, reports Medium.
What happened?
The vessel Histria Ivory with 21 Romanian crew members on board was attacked by pirates near...
Another Brightoil VLCC Detained in China
On March 4, a very large crude carrier (VLCC) Brightoil GEM had been arrested by China’s Haikou Maritime Court at the request of the vessel owner’s creditor bank.
What happened?
The company BNP Paribas filed to...
Is European Commission Pushing Forward Restrictions on Scrubbers?
CSA 2020 raised concerns over the proposal the EC submitted to IMO on changing its
scrubber guidelines.
Proposal was for “evaluation and harmonization” of scrubber discharges across all ports, world-wide.
Scrubbers are accepted...
[Answer] Must Have Qualities of Water Supplied to a Scrubber?
Scrubbers are the ultimate immediate compliance solutions that the shipowners are looking into. Although the skepticism and ban on open-loop scrubbers have made some adverse effect on this decision yet there is considerable goodwill...
Rotor Sail Solution Gets First-Ever Design Type Approval from DNV GL
Norsepower’s auxiliary wind propulsion system Rotor Sail Solution received the first type approval design certificate.
The type approval from leading ship classification society DNV GL was issued in February 2019.
The technology has...
Shipping Ban Ease Offer Receives Cold Shoulder from Traders
The market receives UAE’s gesture of easing ban on shipping of goods between the country and Qatar with lukewarm response.
Due to business through Port of Salalah in Oman and direct shipments from...