Suezmax Swing Supply May Ruin the Product Tanker 2020 Bonanza
Shipping analysts seem to collectively agree that the product tanker fleet will benefit from the IMO 2020 global sulphur cap.
The majority of low sulphur fuel supplies are situated in the Middle East...
CSA 2020 Calls Out Closed Minded Thinking on Open Loop Scrubbers
CSA trying to correct open-loop scrubbers misconceptions by highlighting relevant facts and findings.
They are fighting fake news by stressing on the necessity of specific detailed news and not just open-loop scrubbers linked port...
Baltic Dirty Tanker Index Down by 30% Strong Snapback Expected
The world oil market is witnessing volatility as the maritime industry changes itself to make it viable as per the new IMO 2020 regulations. Charter rates are collapsing, barrels of cargo carrying fleet tankers...
BHP-NYK Towards Decarbonisation Goals with Advance Biofuel Bunkering
Sustainable biofuels delivered to the BHP-chartered, NYK-owned bulk carrier in Rotterdam.
The advanced biofuel, supplied by GoodFuels is blended with conventional fossil-based MGO in a mix of 30% biofuel to 70% conventional MGO.
...
2.6$ Million Worth AI Thermal Cameras to Stop Ship Collision
In a major development, boat collision avoidance system maker Orca AI has recently announced that they are closing a $2.6 million funding round for the company's engineering ranks which will be making thermal low-light...
Tanker Report – Week 6, 2019
The Baltic Briefing has released a report about the tanker market of the 6th week of shipping activities of this year. The report dated 8th February highlights the plight of the tanker market at...
Korea’s Mega-Merger of Shipyards Set to Dominate Global Shipbuilding
Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. have merged a deal controlling 20% of the global market for new ships - 52% of existing orders for LNG carriers.
The total...
Sailing Through The Panama Canal!
Connections between the U.S. and Panama run deep as the U.S. military built the canal - They are bound by treaty when it comes to protecting the canal.
The original canal was used to move...
ICE Wins New Contracts for Scrubber Retrofit Design
ICE won new scrubber retrofit design services contracts for a leading European shipowner.
The hybrid exhaust gas cleaning systems will be supplied by the European supplier.
ICE has invested in laser scanning equipment...
Savannah Looks to Double Space for Largest Boxships by 2024
The world of maritime shipping is up for major changes as we gear up for the IMO 2020 deadline. While Georgia lays out the welcome mat for the largest containership with new gear; Maersk...