Alok Sharma, head of commercial at Glencore subsidiary Inatech, recently spoke with MarEx about the outlook for bunkering. Inatech provides software solutions to both bunker suppliers and bunker buyers, giving it a unique perspective on both...

Leading classification society ClassNK has completed the document review for a Ship Recycling Facility Plan (SRFP) submitted by Tsuneishi Ship Recycling (Negros), Inc.　(TSRNI), verifying the facility to be in line with the Hong Kong...

Rickmers Maritime, the bankrupt charter ship owner, raised an extra $4 million as it closed on the sale of its remaining nine container ships. The Singapore-based company is selling the classic Panamax vessels to New...

Total is buying Maersk Oil in an equity and debt deal valued at $7.45bn as AP Moller – Maersk executes its strategy to focus on container transport and logistics. The boards of both Total and...

On August 17, the police detained a vessel after discovering 50 kilos of cocaine. The ship was enroute to Holland when it was detained. What happened? The drug control police during a routine inspection detained the...

An oil spill alert was raised off the Southern peninsula state of Johor, after a tanker and bulker collided with each other on August 17. What happened? On August 17, a chemical tanker ‘Chemroad Mega’ collided...

On August 20, four people unfortunately lost their lives in an explosion that occurred at a shipbuilding yard. What happened? The explosion occurred at an STX Offshore & Shipbuilding yard located in Changwon, South Gyeongsang Province...

A survey of owners and operators that have fitted ballast water management systems (BWMS) by classification society ABS found that some 43% were considered “inoperable” or “problematic”. ABS sent out a questionnaire to owners on...

Approximately 90% of the world’s trade travels by sea and one would expect the industry’s supply chain to be the height of modernity by adopting disruptive technology and strategies. However, this could not be...

Hyundai Merchant Marine is trialing the use of Internet of Things (IoT) technology to its refrigerating containers to better monitor freshness of temperature-sensitive products during delivery, the company said. The shipping company will start testing...