DHT to Retrofit Ban Compliant Scrubbers on 16 Vessels

DHT Holdings, Inc. (NYSE:DHT) issued a press release on their website thanking its shareholders for their continued interest and support. The company’s co-CEOs, Trygve P. Munthe and Svein Moxnes Harfjeld also announced their plans...

Panama Bunker Sale Slumps to 26 Month Low

The Panama bunker sales volumes in October have reached a 26 month low for all products by 321,050 metric tonnes. Decrease in sales According to the Panama Maritime Authority, the 18% drop is estimated to be...

Global LNG to be Major Part of Bunker Fuel Market

As the IMO 2020 regulations are approaching, ships running on Liquefied natural gas (LNG) ships are expected to the highlight of a bunker fuel market. Zero emissions According to a market research report, LNG fueled ships...

Law Officer Says UK can Cancel Brexit

UK’s Brexit process has started amidst call for calling it off. The advocate general advises that the country needs to call it off within two-year’s time  as specified in Article 50 of the...

Tanker Report – Week 48

VLCC Another positive week for the Middle East Gulf as rates firmed six points to WS 96 for 270,000mt to China. Going west, 280,000mt to US Gulf was assessed 2.5 points higher, around WS 42.5...

Ship Radiators and 1,800 kg of Lead Stolen from Container

On November 30, the provincial police were called to a shipyard after a group of suspects took off with 1,800 kgs of lead and several ship radiators. Lookout issued The police officials in Port Dover have...

How Do Scrubbers Prevent PAHs Entering the Sea?

Scrubbers or EGCSA are essential for the shipping industry, especially at a time when the IMO 0.5% sulphur emission deadline is close by. These systems are made to prevent the release of PAH into...

Cruise Ship Captain Fined €100,000 for using Dirty Fuel

On November 26, the captain of a cruise ship was proved guilty and fined €100,000 (£88,500) for burning fuel with excessive sulphur levels in a Marseille court. Warning to defaulters This judgement is expected to send...

Lifetime Achievement Award for Thome’s Chairman

Thome Group conferred the Lifetime Achievement Award to their Executive Chairman, Olav Eek Thorstensen at the recently concluded Tanker Shipping & Trade Conference which was held in London on Tuesday 20th November, says a...

How Should Ports Prepare for Autonomous Shipping?

World’s first autonomous electric container vessel is set to be delivered in 2020. IMO giving a clearer framework for future regulation, ports will consider their roles to facilitate autonomous vessels, which they lack...