Huge Disruptions Coming with 2020 Low-sulfur Shipping Rule – IEA
The shipping industry and oil refineries are not doing enough to prepare for new rules cutting the amount of sulfur that vessels can emit from 2020, according to the head of the International Energy...
[Watch] 2.5 Million Bricks Makes The World’s Largest LEGO Ship
In recent Guinness World Record News, a Hong Kong tourism company has made its mark by making a large scale LEGO replica ship, celebrating its newly built 18-deck, 151,695-ton cruise ship.
The result was the...
Lukoil Plans to Produce up to 480,000 mt/year of 0.5% Sulfur Bunker Fuel
According to a news report published in Platts, the Russian oil company Lukoil is planning to produce 30,000-40,000 mt/month, or 360,000-480,000 mt/year, of 0.5% sulfur bunker fuel after sulfur emission limits for the shipping...
Diana’s Time Charter Contract
Diana Shipping Inc has agreed to extend their present time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Santa Barbara, through a separate wholly-owned subsidiary,...
Baltic Dry Indices: Week 15 Technical Commentary
HANDYSIZE
For Week 15 the Handysize Index gave us a gap down and a 10-point fall to close at 628. Being firmly into our support ideas of 625 - 630, we're watching this area for some...
16 Sailors Stranded Off UAE for Over a Year
Fifteen Indian sailors and one Pakistani seafarer are stranded onboard a tanker 15 miles off the UAE due to a legal dispute involving the ship owners.
What happened?
The sailors are stranded onboard the vessel ‘MT...
Lifeline Ship to Return as Anti-piracy Armory
The RMS St. Helena, deemed as Britain’s last working postal ship for nearly three decades has been provided with a new leash of life.
The vessel is scheduled to serve as a floating armory, packed...
Ship with Drunken Master Detained in Great Belt
On April 17, a cargo vessel was detained when it was approaching the Great Belt, Denmark.
What happened?
The general cargo ship ‘Rix Partner’ was detained by the Vessel Traffic Control Center over suspicions when it...
Crane Booms Collapsed and Sent People into the Water
On April 17, a crane boom collapsed during loading operation sending four people crashing into the water.
What happened?
Two cranes ‘HEBO Lift 2’ and ‘Lastdrager 35’ belonging to steel company ‘Hollandia’ were involved in loading...
Why Do We Need New Rules on Shipping Emissions?
After contentious negotiations for a week by 173 member countries of the U.N. International Maritime Organization (IMO), it has been agreed to cut emissions from ships by 50 percent in 2050, below the 2008...