Michael Shuts Nearly 40% of U.S. Gulf of Mexico Oil Output

On October 9, around 40 percent of daily crude oil production took a massive hit in the offshore U.S. Gulf of Mexico wells due platform evacuations and shut-ins ahead of Hurricane Michael. Personnel evacuated The oil producers,...

Online Bunker Platform for Productive Supply Chains

The fuel firm Gastankerrederij Anthony Veder has entered into a partnership with Bunker Connect for the purchase and management of bunker capacity in the ports in the ARA area (Amsterdam-Rotterdam-Antwerp). About Bunker Connect The company Bunker Connect...

Ship Owners Show Hands Amid Sulphur Shakedown

An avalanche of announcements in the past month has cast light, finally, on the post-2020 sulphur compliance options of some important ship owners. Fuel bills set to rise A shakedown is defined as ‘a dramatic change’...

Do Not Wait Too Long Before Installing BWM Systems

The shipowners have been warned not to wait until 2022 to retrofit ballast water management systems as they may face difficulties. Warning Issued In a press release dated 28 September 2018, ClassNK advises existing ships to...

New Marine Fuel Recovery Mechanism from Hapag Lloyd

From January 2020, the maritime industry is set to face great changes as vessels will only be allowed to use fuel with a maximum sulphur content of 0.5 percent. Switching to low sulphur fuels The regulations...

Tanker Report – Week 40

VLCC Healthy activity combined with delays in the East saw rates climb 21 points in the Middle East Gulf to WS 80 for 270,000mt to China and Singapore and 280,000mt to the US Gulf was...

Atlantic Panamax Grains Freight Hits Near 4-year High on Bunkers

Panamax grains cargo freight rates reached near four-year highs IFO 380 CST was assessed up $10 to $532/mt in Santos, up 22% Santos to Qingdao, 60,000 mt grains assessed at $39.25/mt Rates expected...

MISC on Moving Energy to Build a Better World

MISC Berhad a leading provider of international energy-related maritime solutions and services, completes 50 years this year. So, The Japan Times interviewed Yee Yang Chien, MISC president and group CEO, to find out how the...

Intercargo: Challenges for the Dry Bulk Sector

The annual meeting of INTERCARGO welcomed IMO's greenhouse gas emissions reduction strategy. Keeping in mind the recent loss of 32 lives, it stressed on the need of quality casualty reports. At present they...

Marseille Puts American Ship Captain on Trial Over Pollution

On October 8, the American Captain of a giant cruise ship is all set to go on a trial in Marseille on pollution charges. What happened? The American captain of a giant cruise ship 'The Azura'...