Zoological pollution is becoming an increasing concern for commercial shipping worldwide. The threat of invasive species spreading through the intake and discharge of ballast water has resulted in the IMO adopting the International Convention...

AET has christened and welcomed its first LNG dual-fuelled Aframax vessels, Eagle Brasilia and Eagle Bintulu at a ceremony conducted this week. Long-term charter The Christening ceremony for the vessels was held at the Samsung Heavy...

Kongsberg Digital to execute landmark $21.2 million SGD contract to deliver sophisticated and comprehensive Tactical Boat Handling and Firing Simulators. Largest ever Simulator KONGSBERG has landed its largest-ever simulator contract in an SGD 21.2 million deal...

VLCC Charterers took a step back last week after previously frenetic activity. In the Middle East Gulf rates peaked at WS 85 for 270,000mt to China, and then softened to low WS 80s, as owners...

Rolls-Royce and Intel are intending to collaborate on designs for sophisticated intelligent shipping systems that will make commercial shipping safer. Ship technology expertise and technology In a press release, Rolls-Royce and Intel announced about their collaborated...

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. ...

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...

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,...

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...

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...