The Baltic Exchange is eyeing for the LNG market. It is launching a freight index for LNG Further plans of tying up with ship brokers is in the dock. On 11th January, Reuters...

Container operators are hardly hit by the LFSO marine fuel transformation which has escalated the fuel prices, posing a renewed risk to carrier profitability. This adds to the twin threats of new container capacity coming...

Singapore posted record sales, volumes of marine fuels for the third straight year in 2017, even as the city state revamped the market last year leding to stiff competition and margin erosion. What’s hot ? Singapore’s...

Shipowners are back at procuring new ships. They are opting for bulk carriers. China is emerging as the biggest global player amongst the shipbuilding nations. In their weekly report, brokers at Banchero Costa noted...

Summary: ​On the morning of May 8, 2016, the passenger vessel Carnival Pride was attempting to dock at the Cruise Maryland Terminal at South Locust Point in Baltimore, Maryland, when its bow struck the pier...

Drone and robotics specialist RIMS (Robotics In Maintenance Strategies) have received their fourth Classification Certificate as Recognized External Specialists, from Lloyd’s Register for the use of Remote Inspection Techniques (drones) during surveys of enclosed...

On January 13, a commercial plane narrowly missed plunging into the Black Sea after reportedly skidding off a runway. What happened? The commercial plane ‘Pegasus Airlines Boeing 737-800’ had a narrow escape after it reportedly skid...

The government offers subsidies to shipping line operators, who voluntarily reduce the operating speed of large ships as they enter the nation’s seaports. Each ship receives NT$8,000 (US$270) for slow sailing from Taiwan International Ports...

The MAN Diesel & Turbo has developed a new cylinder bypass function enabling ME-GI engines to continue running on LNG even when an individual cylinder misfires. Currently, if a LNG cylinder misfires, the system automatically...

French maritime transport company CMA CGM, has plans to equip its nine future ships of 22,000 twenty-foot equivalent units (TEUs), scheduled to be delivered in 2020, with liquefied natural gas (LNG) fuelled engines. What's their...