7% Decrease in Freight Rates for East-West Routes Under Contracts
The ocean freight rates for East-West route cargo movements decreased by 7% in the fourth quarter.
The cost reduction shows that a good...
Singapore Directives – Implementation of IMO 2020 Ships’ Fuel Sulphur Limit
TECHNICAL UPDATE: 2018/12/31
MPA Singapore has issued notification / guidance /information in addition to requirements IMO MARPOL Annexe VI for Owners/Operators of the vessels calling...
Global Ocean Shipping Trends Of 2019
Every year, the shipping industry continues to develop. Whether the drivers are regulation, market fluctuations, new technologies or something completely different, the only thing...
Special Ships Transport A380’s Major Components
Recently, CNN published an intriguing story of special ships carrying Airbus A380. Here we are showcasing that enticing tale.
Where was it set?
It's the...
Rolls-Royce Tests Its First Autonomous Ship
Rolls-Royce tests first autonomous ship which is a prototype autonomous cargo ships in the next 6 years.
Partnering with Finland's Fin Ferries, this...
Top Ten Technology Leaders in 2018
The annual list of top ten technology leaders in 2018 has been released and highlights the next-gen tech giants to be closely monitored in...
Samsung Bags $378 Million Deal for 2 LNG Carrier
Samsung Heavy Industries Co., a major South Korean shipbuilder, has clinched a deal worth 426 billion won (US$378 million) to build two liquefied natural...
Keppler to Retrofit Scrubbers and Build LNG Bunker Vessel
Keppel bags S$300 million worth of marine contracts says Angela Teng a Financial writer for IG.
What is the contract for?
Keppel Offshore and Marine (KOM),...
World’s Largest Floating LNG Platform Starts Production
On December 26, Royal Dutch Shell began output at its 'Prelude Floating Liquefied Natural Gas (FLNG)' facility in Australia, the world's largest floating production...
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APLICATIONS
VLCC Tanker Fire Put Off Amid Spill Fears
A fire on a large oil tanker drifting off Sri Lanka’s coast was extinguished on Sunday after burning for three days.
Four tug...
