Baltic Exchange Shipping Insights
TANKER REPORT
VLCC
Rates from ME Gulf eased down a point to WS 45.5/46 basis 270,000mt to China, although there is now a report of Shell paying WS 48 to Rizhao.
Singapore discharge was fixed by SPC...
Wartsila’s Profit Hurt by Postponed Energy Projects
The Finnish shipping giant is facing issues lately. The company shares have dropped 4% by 0920 GMT after second-quarter core profit fell flat. The shares took a dip from a year ago at 123...
Shipbuilding Needs More Support Says Harland and Wolff
With the Brexit closing in, new opportunities are emerging for the shipping industry. According to the chief executive of Harland and Wolff, Jonathan Guest, the government should show greater support for UK shipbuilding firms...
DNV GL ‘s New Reporting and Verification Online Tool
To simplify and speed up the fuel consumption report of vessels, DNV GL has introduced an online reporting and verification tool.
Reduce emission
The shipping industry is facing a humongous task of reducing emission and both...
Cargo Ship Captain Accused of Manslaughter
On July 22, a migrant charity organisation has filed a complaint against the captain of a cargo ship for allegedly causing manslaughter.
What happened?
The migrant charity ‘Proactiva Open Arms’ filed a complaint against the captain...
“New Bermuda Triangle” for Shipping Losses
Nearly one third of shipping losses that occurred in the South China, Indo-china, Indonesia and Philippines maritime region has been attributed to the newly identified Bermuda Triangle.
What happened?
Early in 2018, a review report released...
243 Ships Laden with Coal Lying Idle Off China
Earlier this week, it was reported that around 243 ships loaded with coal was lying idle off China’s coastline following import restrictions.
What happened?
The import restrictions were imposed by China on other countries in April...
Who Owns Billions in Sunken Treasure that Lies Off Colombia?
The San Jose shipwreck worth 17 billion dollar is the current bone of contention in Colombia.
A four decade long legal tussle regarding its discovery marrs the treasure.
Both the Colombian and the...
[Watch] Japan Unveils Ship Capable of Carrying 7-thousand Cars
Japan unveiled one of the world's largest vehicle cargo ships Saturday.
The ship, named "Pisces Leader", can carry as many as seven thousand cars.
Cars are parked side by side just inches apart.
A thousand people chosen...
The Big Installation Squeeze
Even after choosing your sulphur compliance option and selecting the type of scrubber you want, installations presents a host of other challenges, writes Stevie Knight.
Even the challenges we are already aware of could offer...