Awilco LNG Carrier Damaged by Another Ship Off Singapore
An LNG carrier owned by Norwegian LNG transportation company Awilco LNG has been struck by another vessel off Singapore on May 30, reports Platts.
En-route...
Equinor Evacuates Statfjord A Platform After Collision
Norwegian oil and gas firm Equinor has evacuated oil workers from its Statfjord A platform in the North Sea after a collision with a...
Sinopec Announces 10m Ton LSFO Production for IMO 2020
Sinopec, China’s largest oil refining company, schedules the production capability of 10 million tons of low-sulfur marine fuel oil by 2020 and attainment of...
The Scrubber Debate Ahead of IMO 2020
To comply with the Sulphur regulation, scrubbers are turning out to be a favourite for the ship-owners due to cost and convenience.
More...
Ship Total Losses Fell in 2018
Allianz reports that in 2018, 46 total losses of vessels were reported worldwide. It was down from 98 losses 12 months earlier, with...
Trade Tensions Worry Ship Operators
Recent weakness in shipping rates sends an ominous signal just as some major economies are starting to stumble and trade tensions are rising.
...
Weekly Tanker Report – Week 23, 2019
The Baltic Briefing has issued the tanker report for the 23rd week of this year. The report dated 7th June 2019 provides a valuable insight into...
Belgium To Spot Check Ships for BWMC Compliance
Belgium has become one of the first European nations to enforce the mandate for IMO Ballast Water Management Convention.
The Belgian government has selected...
Carnival Fined $20 Million for Dumping Trash into the Ocean Again
According to an article published in Business Insider, Carnival Corp. will pay $20 million after Princess Cruises, a Carnival subsidiary, admitted to violating the...
Maersk Ukraine Predicts Slowdown Growth of Container Traffic Market in Ukraine
According to the Director General of Maersk Ukraine, Roman Koloianov, Maersk Ukraine expects a slowdown in the growth rate of the container traffic market...
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Asia Tankers-VLCC to Stabilise as Owners Stand Firm
Freight rates for very large crude carriers (VLCCs), which have fallen to six-month lows, are likely to hold steady around current levels as owners...
