Blockchain Bunker Notes to Build Confidence in Biofuels

Blockchain assurance can bring certainty to biofuel bunkering. Biofuels classified renewable, though they do not reduce CO2 emissions directly. Tank-to-propeller carbon reduction is classed as 100% because of the replaceable nature of the...

Why Brexit Fog Clouds This Ship’s Cargo?

On February 19, the U.K business minister admitted that the fate of the cargo shipping heading to Japan remains uncertain due to Brexit and Free Trade Agreement. What happened? The U.K. business minister feared that a Free...

Port Scrubber Bans Have ‘No Impact’ on Calculations: Star Bulk

While open-loop scrubbers ban is making shipowners apprehensive and jittery, there are few like the Star Bulk who have gone on record stating that port scrubber bans will have no effect on their calculations,...

Air Pollution on Cruise Ship Decks As Bad As Beijing Air

A study measured pollution levels on the deck of 4 cruise ships in front of and behind the ship’s smokestacks. The researchers found that concentrations of particulate matter pollution on the decks of...

New Design Makes Liquefied Hydrogen Bunker Vessels a Reality

Design for Liquefied Hydrogen (LH2) bunker vessel developed aiming at reducing the environmental footprint from global ship transport. Liquefied Hydrogen at a temperature of -253 °C will offer cost advantages over pressurized hydrogen...

Star Bulk Set Scrubbers on 15 of Its Large Vessels

Fifth consecutive profitable quarter, with $12.3 million Net Income for Star Bulk. Refinancing of loans of approximately $248 million with new debt with an  average margin of 120 bps lower than the debt...

EuroDry Ltd. Declares Previous Quarterly Reports

Total net revenues of $7.0 million, Net income of $0.8 million; net income attributable to common shareholders of $0.6 million or $0.25 earnings per share basic and diluted. Adjusted net income attributable...

Maersk Aiming Zero Emissions by 2050

Maersk planning to revolutionalize the way it works by 2050. At present, the company attributes to 80% of the global trade emitting 3% of the global carbon emission. Maersk emits 36 million tonnes...

Tanker Captain Guilty! $2 Million Fine for Flushing Oil by Tricking Sensor

Interorient Marine Services Limited, a vessel operating company was convicted and sentenced on 13th February 2019 in the Western District of Louisiana. The company was sentenced for maintaining false and incomplete records relating...

The Greyhound Is Running, But Where To?

You look away for a minute and the oil market moves like a greyhound out of the trap, running after the fake hare that is world oil shortage, says Freight Investors Services. The Fake Hare OPEC...