North Asian Ports Gear Up For Typhoons

Typhoon Chan-hom is forecast to head towards Shanghai’s Zhoushan port in South Korea as well as Japan’s Okinawa prefecture in the coming days.  Traders fear that the strong winds will disrupt port bunkering activities. The...

Hong Kong Port Achieves 65% Of Reduction In SOx Emission

On July 1st, the Hong Kong Government Environmental Protection Department implemented sulphur regulations for Ocean-Going Vessels(OGV). The Regulation prohibits OGVs from using any fuel other than the compliant fuel while at berth in Hong Kong, except...

London To Host Shipping Conference

Seen as the ‘must attend’ event in 2015 for the global shipping industry, London International Shipping Week will bring world shipping together for one week. With a wealth of industry functions planned for the week,...

Wartsila Establishes New Subsidiary – ‘QuantiParts’

A new subsidiary "Quantiparts" has been established by Wartsila for trading spare parts of its classic 4-stroke Wartsila engines. QuantiParts, fully owned by Wärtsilä, will operate from the Netherlands and serves customers in the...

Greek Govt Submits New Proposals to Eurozone

The Greek government has submitted new set of proposals  to Eurozone in its fresh bid to stay afloat amidst the economic crisis.  The proposals were submitted just 2 hours before the stipulated deadline expired....

Chinese Stock Market Surges In An Unstable Session

This Thursday, Mainland Chinese shares bounced back following the regulators’ stringent steps to keep the stock market in right pace.  Up to 5.76% of losses were reversed by the Shanghai Composite index, a biggest...

Port of Marseille Fos to offer Alternative Maritime Power to berthing ships

Cold ironing or Alternative Maritime Power (AMP), is the process of providing shore side electrical power to a ship at berth while its main and auxiliary engines are turned off. In a bid to reduce carbon...

Can Low Viscosity Engine Oils Boost Fuel Economy?

What does the future of engine oil look like? According to Shell Rotella reps at a press event in Hamburg, Germany, this week, lowering the viscosity of heavy duty engine oils is the name of...

US Government Database Hacked; Data Of 21.5 Million Stolen

Personal data of about 21.5 million people was stolen in a hacking incident.  Among the people whose information was stolen include federal contractors, government job applicants and millions of people associated with the government. The...

Discovery of a rare system of five stars

The discovery of a rare system of five connected stars is another feather in the cap for the astronomers.  The findings were presented at the UK National Astronomy Meeting in Llandudno.The unusual system lies...