Diana Time Charters Kamsarmax Dry Bulk With Glencore

Diana Shipping Inc will be chartering the 2010-built Kamsarmax dry bulk vessel, the m/v Myrsini. This contract with Glencore Agriculture B.V., Rotterdam commenced on December 22, 2018. The gross charter rate is US$12,750...

ScanOcean to Resell Neste’s Low-Sulfur Bunker Fuel Off Sweden

Neste and ScanOcean AB enter into cooperation in delivering Neste’s low-sulfur marine fuel on the East Coast of Sweden, says an article published in Hydrocarbon Engineering. An official reseller ScanOcean AB is now an official reseller...

Weekly Tanker Report – Week 51, 2018

The last week of the year showed some interesting developments in the Tanker Market which are highlighted by this 'weekly tanker report' by the Baltic Briefing. VLCC Middle East Gulf rates shed 3/3.5 points to WS...

World-first Installation of Class-Approved UltraBattery Onboard Ship

  UltraBattery battery pack to be used for ship solar power system on large general cargo ship. Joint project Masterbulk Pte. Ltd. (Masterbulk) and Eco Marine Power (EMP) announced the installation of UltraBattery® (UB) battery pack on...

LUKOIL Marine Lubricants Celebrates a Double Award Win for Innovation

The hard work LUKOIL Marine Lubricants has paid off as they have succeeded in bagging two awards which recognizes their continual development and contributions within the marine industry, says a press release on their...

Diana Shipping Announces Time Charter Contract With SwissMarine

Diana shipping has entered a charter contract with SwissMarine. The gross charter rate is fixed at US$17,000 per day for a minimum period of 17 months. The employment is anticipated to generate approximately US$8.67...

New Escort Tugs for Dedicated LNG Operations

Port export terminals are employing LNG tugs to assist in LNG carrier maneuvering. UK  has taken the assistance of Svitzer Meridian’s ATD tug SAAM Smit Towage (SST) is using a 32-m Turkish tug...

[Watch] Intertanko On Impact of Ship Recycling Regulation In 2019

Intertanko Environment Director Tim Wilkins is dubious that the European Ship Recycling Regulation will drive a cradle-to-grave service at the world’s shipbuilding yards. Disclaimer: This video is intended for informational purpose only. This may not...

Fire Onboard Car Carrier Enroute to Hawaii

  On December 31, two mariners were reported missing after a huge blaze erupted onboard a car carrier enroute to Hawaii. What happened? A 650-foot Panamanian-flagged vessel 'Sincerity Ace' ran into trouble on New Year’s Eve about 2,000 miles...

Ocean Infinity Joins Search for Bulker ‘Stellar Daisy’

The South Korean government along with Ocean Infinity has initiated the search for a bulker that sank in 2017. What happened? In March 2017, the bulker 'Stellar Daisy' was reported missing in the South Atlantic Ocean approximately...