Finance Conference Speakers Take a More Optimistic View of Shipping Market Trends

On November 8, the fourth Maritime Standard Ship Finance and Trade Conference was held at Abu Dhabi’s Sheraton Hotel and Resort and was in many ways very different from the preceding three events in...

Freightos Baltic Container Report – Week 44

Report Highlights As of November 1, with many carriers pulling the General Rate Increases (GRIs), but, with sailings heavily booked, further rounds of GRIs are expected on 15 November and 1 December. The outcome of...

Gas-imaging Cameras Detect Fugitive Emissions from Tanker

The Port Inspectors have identified “fugitive emissions” from a 2-million-barrel crude oil tanker as a culprit in periodic pungent odors that have offended coastal residents and whose source has eluded detection for years. What happened? Last...

20 Container Vessels Ordered for Wan Hai Lines

To improve its company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 20 container vessels with JMU (Japan Marine United Corporation) and GWS (Guangzhou Wenchong Shipyard Co., Ltd) / CSTC (China...

What About Waste Generated by Ships?

40% of the sea based marine trash comes from shipping. 100 tons and 400 tons carrying ships must have a garbage management plan and a ‘Garbage Record Book’ entry, respectively. Ships should register...

[Watch] Pacific Fleet Frogmen Dive at Record Depth of 416m in Sea of Japan

Pacific Fleet divers (Pacific Fleet), the Navy Research Institute and a separate expedition detachment of divers aboard the Igor Belousov Pacific Fleet rescue ship dived in the Sea of Japan for the first time...

US Cyber Security Certificate for Hyundai Oil Carrier

Hyundai Heavy receives U.S. cyber security certificate for tanker, says Yonhap News agency. CSR certificate from ABS Hyundai Heavy Industries Co., the world's largest shipbuilder by sales, said that it has received a cyber security certificate...

OSM Know-how for Which Scrubber System to Retrofit

OSM’s press release says that it is now offering its customers, assistance in exhaust gas scrubber retrofit process. Inescapable IMO 2020 sulphur cap As pressure mounts to comply with the fast-approaching IMO 2020 sulphur cap, OSM...

Bimco Adopts Bunker Clause for Time Charter Parties

BIMCO says as priority news in its site, that it has developed two 2020 bunker clauses that deal with general compliance for the transitional period of early December release. Clauses approved “It is very important that...

Ship Procurement Set for a Shake-up

Ship maintenance and the global supply arrangements can be revamped by a smart end-to-end digital procurement and logistics set-up for marine stores and spares, says a report published in Seatrade Maritime. This could potentially transform...