New Supertanker Successfully Performed Ship-to-Ship LNG Bunkering
On October 18, Director General of Russian Maritime Register of Shipping, participated in a protocol event dedicated to the successful project implementation of construction and operation commencement of a large-capacity Aframax tanker using LNG as...
Testbed Established for Internet of Ships Open Platform
On October 18, a testbed was established for an Internet of Ships Open Platform (IoS-OP), and for the test, NYK provided a next-generation onboard IoT platform that the company has been developing with MTI...
Could Chip Fat Help Dirty Shipping Clean Up its Act?
It is a well-known fact that the global shipping industry is a big contributor to greenhouse gas emissions as aviation. The heavy fuel oil that powers giant vessels are exceptionally dirty - packed with soot,...
[Watch] Small Vessel Sink in Cold Irish Sea
Amateur-captured footage shows the dramatic rescue of two fishermen whose boat sank off the coast of County Down.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...
Tanker Report – Week 42
VLCC
Middle East Gulf rates remained unchanged, with Thailand fixed at WS 86 and China rates around WS 83.5/84 for 270,000mt. US Gulf-bound 280,000mt went at WS 31 Cape/Cape. West Africa/China fixed at WS 79.5,...
Panamax Vessel Rates Surge to 5-year High
The Panamax dry bulk vessel rates have surged to a whopping 18% over the past month to near five-year highs amid strong Pacific coal transportation demand and a lingering Chinese appetite for Brazilian soybeans.
Baltic...
CMA CGM has Increased its Holding in Ceva Logistics
Following the rejection of a takeover bid by DSV last week, CMA CGM has increased its holding in Ceva Logistics to 33%.
Increase in holdings
The increase in holdings was expected after Ceva rejected DSV and CMA...
Solo Bridge Manning Contributes to Grounding
Summary
At 2350 on 26 September 2017, Marbella departed Hong Kong for Tarahan Coal Terminal in Indonesia. The following day on, 27 September, the master instructed the second mate to amend the route in order...
Tantalizing Possibilities in Sulfur Regulation Implementation
What more variables could enter into the picture at this late hour with the 1.1.2020 deadline only a matter of months away?
IMO has repeatedly said that there will be no relaxation of the requirement...
Greek Shipowners Question Environmental Benefits of Scrubbers
The Union of Greek Shipowners (UGS) criticises the usage of scrubbers as a solution to cleaner and more environmentally conscious shipping from 2020. UGS also feels that there is a lack of international standardisation...