LNG Bunkering Uptake to Rise Despite Clarity Over 0.5%-S Fuels – BSM
Availability of 0.5% Sulfur bunker fuels at the bunkering hubs isn’t a problem, says the BSM Director.
Antwerp, Rotterdam, Genua, Marseilles in Europe and Singapore, Thailand, Kong are ready for 0.5% sulfur fuels.
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Prime Aged Assets at a Significant Discount
Predicting the recovery in asset pricing involves many factors, and the current strength of spot market returns or term hire rates are only a part of the story.
Investment opportunities
Value operators are on a lookout for...
Baltic Exchange Launches Ship Sale Escrow Service
On October 15, the Baltic Exchange’s Escrow Service was launched for its members to hold deposits for ship sale transactions.
Escrow Service
The Escrow service is based out of Singapore under the leadership of Chris Jones,...
Stena Bulk Confirms Scrubber Order
In a recent development, Stena Bulk has signed a turnkey exhaust gas scrubber solution agreement with Chinese Bluesoul to equip its Suezmax and IMOIIMAX fleets. With this agreement in place, Stena Bulk will equip...
[Watch] 22 Ancient Shipwrecks Found in One Spot
A joint Greek-American team of underwater archaeologists have found 22 ancient shipwrecks around Fourni, a small Greek archipelago.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...
FMC Clarifying ‘Reasonable’ Demurrage, Detention Fees
Demurrage/detention penalties and the high value of the U.S. dollar making exports very expensive in foreign markets.
FMC investigation hopes to bring clarity on how charges are levied.
Demurrage and detention charges used...
H-Line Orders Largest LNG-powered Bulk Carriers
H-Line Shipping, part of the South Korean private equity firm Hahn & Co, has confirmed newbuilding orders for two 180,000-dwt LNG-powered bulk carriers.
Who is building Newcastlemax pair?
To be built by Hyundai Samho Heavy Industries...
Japan’s September Vessel Orders Down 12% on Year
Japanese shipbuilders export orders down 12% year on year and down 43.7% from August
Outlook seen positive
Japanese shipbuilders received export orders for a total 668,098 gross tons across 17 vessels in September, down...
Firmer Capesize Rates Prop Up Baltic Index
The capesize index rose 20 points, or 0.9 percent, to 2,189 points.
The panamax index gained 4 points to 1,779 points, highest since Jan 2014.
The supramax index fell 4 points to 1,200...
Ships Detained in the UK During September 2018
On 11th October, The Maritime and Coastguard Agency (MCA) announced that five foreign flagged ships were under detention in UK ports during September 2018 after failing Port State Control (PSC) inspection.
During September, there...