How the New Fuel Regulations Change the Entire Shipping Industry
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. International Maritime Organisation (IMO) have taken a series of regulatory steps to reduce marine pollution (MARPOL)...
[Watch] Greece Charts a Fresh Course
Greece controls almost over a quarter of the global crude oil tanker fleet.
15% of the chemical product tanker fleet is owned by Greek Shipowners.
1 in 4 global bulk carrier is from...
Scrubber Surge ‘Insufficient’ to Handle Post-2020 HSFO Surplus
A surge in scrubber orders proves that the predicted surplus of high-sulphur residual fuel oil when IMO's global cap on sulphur in fuel which takes effect in 2020, will not be enough.
More Scrubber installations
Argus...
[Watch] Great White Shark JUMPS Out of Water Nearly Catching Researcher
A huge Great white shark jumps out of the ocean at a small boat. The Atlantic White Shark Conservancy were out conducting research when they spotted the shark, and the shark nearly missed one...
Maersk Cuts Profit Forecast as Shipping Slump Deepens
Maersk reeling under high bunker prices and is unable to compensate freight rates.
They are expanding their transport and logistics and expects an earning between $3.5 billion and $4.2 billion this year. .
...
Court to Auction Hua Yun Shipping Handymax
Ningbo Maritime Court will hold an auction for 2008-built handymax bulker Hua Yun 5 via online platform Taobao on August 21.
The proceeds from the auction will be used to solve a debt dispute between...
U.S. Crude Exports to India Surge as China Intake Fades
China imposes 25% import tax on US crude oil, LNG, and coal
US crude oil producers have a new market in India as it has booked 9.94 million barrels of crude oil in...
Could Ballast-free Shipping be the Best Route to IMO Compliance
Following the adoption of the IMO’s Ballast Water Management Convention in 2017, ship operators have come under increasing pressure to improve the efficiency of their ballast water systems. But, could an increased focus on...
Aerial Drones Perform Tanker Survey
A maiden survey conducted by the Unmanned aerial vehicle (UAV) and inspection firm Cyberhawk has completed the first full ABS Intermediate Hull Survey 4 on an oil tanker using UAVs.
Class inspection
The firm Cyberhawk...
3 Killed in Ship Hit and Run Off Kochi
On August 7, nine fishermen were reported missing after their fishing boat collide with a ship 24 nautical miles off the Munambam coast.
What happened?
The nine fishermen were fishing off the coast of Munambam when...