On June 2, 2016, about 0111 local time, the dump scow barge 123 being pushed by the towing vessel Matachin collided with the US Coast Guard cutter Thetis in Las Cascadas Reach, Panama Canal....

Study shows owners prefer LNG propulsion in newbuilds than retrofit existing ones. Out of 143 vessels of global LNG-fuelled fleet, only 8 are retrofits as they spend more time in emissions control area...

China’s economic slowdown and the softening Panamax market weakened freight rates this week. Capesize 5 time charter average recorded at $14,608, down $998 day-on-day, but  failed to recover and dropped further to $13,823,...

The Weekly maritime security report for the 5th week of this year has been published by the Protection Vessels International. The report dated 5th February 2019 put forwards the various maritime safety threats and...

Carriers will play a major role in complying with IMO regulations by ensuring their fleets meet the sulfur requirement. Prices for carriers using low-sulfur fuel will rise and the cost of high-sulfur fuel...

The shipping industry is up for major changes to curtail emissions with much tougher rules awaiting in 2050. Apart from the sulphur regulations the other major changes include hydrogen fuel, robot cleaners, battery...

According to a Ship&Bunker report, Wärtsilä one of the primary manufacturers of the scrubbers systems says that the open-loop scrubber bans by Singapore, Fujairah, and China are likely to make the least impact on...

The weekly highlights of the Baltic Briefing are here. This report showcases the bulk carrier market scenario of week 5 of 2019 which has been compiled on 1st February. Capesize The Vale dam tragedy sparked a...

The Baltic Briefing has released a report about the tanker market of the 5th week of shipping activities of this year. The report dated 1st February highlights the plight of the tanker market at...

In addition to natural gas, alternative fuels and even barnacle-resistant paint are required for meeting the climate target. International shipping contributes nearly 3% and the number is expected to rise by 50% by mid-century...