How does Seawater Buffer or Neutralize Acids Created by Scrubbing?
Scrubber systems are air pollution control devices that can be used to remove some particulates and/or gases from industrial exhaust streams. Traditionally, the term “scrubber” has been used to define pollution control devices that...
8% Discount on Tonnage Fees for ESI Ships in the Port of Tallinn
Ships participating in ESI can avail 8 percent discount on tonnage fees in the Port of Tallinn
New port pricing system to be introduced in 2019, involves differentiated port fees to adopt environmentally friendlier...
Fuel Prices Falling! Ocean Carriers Levy Surcharge Now
The shippers remain unconvinced about the justification the size of the surcharge ocean carriers is proposing to cover the cost of compliance with the IMO’s 2020 0.5% sulphur cap regulations.
Shippers not impressed
One forwarder was...
Choice of 2020 Compliance may Affect Charter Parties and Agreements
As 2020 is fast approaching, many uncertainties have risen with respect to fuel costs and fuel availability. The characteristics of some of these new fuels and how the sulphur cap is going to be...
Components of Gasoline Production to Make Shipping Fuels
As shippers start exploring low sulfur fuels, the gasoline market faces a difficult situation.
Vacuum Gasoil will be diverted to make ship fuels, thereby hitting the gasoline processing.
VGO competition will increase, as...
Asia-Pacifics First ‘green loan’ for Scrubbers
Quantum Pacific secures 40 million dollars green loan for scrubbers installation.
The first loan in Asia Pacific which will fund the purchase and installation of scrubbers
Lender BNP Paribas ascertained that environmental sustainability...
Marine Scrubber Installations may Peak at 6,000: Platts Analytics
The number of ships fitting scrubber systems as a means to comply with stricter sulfur emission limits may peak at 6,000 as economic incentives recede after 2020 says, S&P Global Platts Analytics.
Owner’s hope to...
ClassNK Opens New Survey Office in Reggio Calabria
On December 5, the operations started for a leading classification society ClassNK, that has opened a new exclusive survey office in Reggio Calabria, Italy.
Demand for audit and surveys
Reggio Calabria, located in Southwest Italy, faces...
Samskip’s UK Investments Secure Supply Chain
The leading multimodal operator Samskip has become a major beneficiary of the Brexit. Within just 2 years of pre-Brexit investment in North Sea container shipping services, the company has secured the supply chain of...
Tanker Report – Week 49
VLCC
Rates in the Middle East Gulf softened around 2.5 points to WS 97/97.5 for 270,000mt to China, with a run to Japan fixed at WS 96. Going west, 280,000mt to the US Gulf remains...