Composite Car-Carrying Vessel

Despite the benefits of this design, there are some challenges in achieving them. The most important one was the issue on determining how to...

Freightos Baltic Container Report – Week 34

China - US peak season shipping is in full swing. China vs West Coast prices were just one dollar less than the previous...

What is Driving the Summer Rally of LNG Spot Charter Rates?

LNG carriers spot rate on high tide No disruptions from fuel prices Demand for spot charter rise Old vessels not economical for modern...

Poor Tanker Market With a Growing Fleet

The severe tanker market conditions of last week is likely to prevail this week. However, despite the looming crisis BIMCO experts foresee a possibility...

Bulk Report – Week 35

Capesize A turnaround in fortunes for the big ships, with a few slower days in the market. A build-up of tonnage and a lack of...

ShipTek Summit 2018 – Conference & Awards

Organised by Biz Events Management, ShipTek Hong Kong Summit - Ship Owning & Ship Management Conference & Awards, concluded successfully at Renaissance Harbour View...

Wärtsilä and Others to Build Hitech Container Vessel

The technology giant Wärtsilä is all set to develop a state-of-the-art container vessel under an agreement with all leading marine players. Industry consortium An agreement has...

Complex Ballast Water Treatment System Retrofit

From the time IMO’s Ballast Water Management Convention entered into force, increasing number of shipowners are flocking to install ballast water treatment systems onboard...

Ferry Catches Fire Off Cebu Port

On September 2, a ferry carrying over hundred people caught fire near the Port of Taloot in Argao, Cebu. What happened? The ferry ‘MV Lite Ferry...

Maersk Sees Fuel Bill Soaring by $2 Billion From 2020 Rules

Adhering to these stricter environmental standards could add at least $2 billion to our annual fuel bill from 2020, says, the world’s largest container...