Tanker Report – Week 6, 2019
The Baltic Briefing has released a report about the tanker market of the 6th week of shipping activities of this year. The report dated 8th February highlights the plight of the tanker market at...
Korea’s Mega-Merger of Shipyards Set to Dominate Global Shipbuilding
Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. have merged a deal controlling 20% of the global market for new ships - 52% of existing orders for LNG carriers.
The total...
Sailing Through The Panama Canal!
Connections between the U.S. and Panama run deep as the U.S. military built the canal - They are bound by treaty when it comes to protecting the canal.
The original canal was used to move...
ICE Wins New Contracts for Scrubber Retrofit Design
ICE won new scrubber retrofit design services contracts for a leading European shipowner.
The hybrid exhaust gas cleaning systems will be supplied by the European supplier.
ICE has invested in laser scanning equipment...
Savannah Looks to Double Space for Largest Boxships by 2024
The world of maritime shipping is up for major changes as we gear up for the IMO 2020 deadline. While Georgia lays out the welcome mat for the largest containership with new gear; Maersk...
Europe’s Largest Port Becomes A Hub For Autonomous Shipping
Port of Rotterdam's entire 42-square kilometre site will be outfitted with a vast network of hydro/meteo sensors.
The port will handle more than 461 million tons of cargo and more than 140,000 vessels...
[Watch] IMO 2020 : What’s the Future of Oil Markets?
What is IMO 2020?
The International Maritime Organisation has stated that as of the 1st of January 2020 all ships must reduce their sulphur emissions from 3.5% thresholds to 0.5%. The aim of this regulation...
EC Meet to Harmonise Rules on Scrubber Wash Water Discharge
Recently, the Council of the European Union met to discuss issues pertaining to the scrubber wash water discharge. With just a year remaining for the IMO 2020 deadline and many countries like Singapore and China...
[Watch] Greek Carrier Collides While Making a Manoeuvre to Leave
Pireas-Polaris collision occurred as Greek vessel was leaving area and was allowed to continue to Malaysia as accident not 'very serious' said, Maritime and Port Authority Singapore (MPA) for The Straits Times.
What happened?
A collision...
Diana Announces Time Charter Contract for m/v Danae With Phaethon
Diana Shipping Inc. time chartered the m/v Danae a Panamax vessel on February 5th, 2019.
The time charter contract is with Phaethon International Company AG.
The gross charter rate is US$8,100 per day,...