Two Saudi Oil Tankers Suffered Sabotage in UAE
Saudi Arabia's oil tankers suffered a "sabotage attack" on Sunday off the coast of Fujairah, UAE, reports Platts.
What happened?
Saudi Arabia’s two oil tankers were targeted...
Structural Components That Effected Suezmax Slow Down
x
While the Q4 rally was enjoyed by all classes of tankers, including those from the product tanker segment, one particular crude carrying class has...
Legal Nightmares You Can Face on a Ship?
Cruise ship passengers can be exposed to legal systems that don't provide the same protections they would find in the US.
When a...
Liners Like Seaspan Chartering More Ships To Gain Scrubbers Momentum
According to an article published in Freight Waves, Seaspan Corporation, the largest U.S.-listed lessor of container ships, reported strong quarterly profits driven by a...
Improper Execution of Helm Orders Resulted in Collision
The Incident
At 0250 local time on June 13, 2018, the inbound bulk carrier Yochow collided with the
articulated tug and barge OSG Independence/OSG 243, which...
DryBulk FFA Market: The Long Road To Recovery
According to a report by Freight Investor Services, after being depressed for a long time, the recovery for freight rates appeared not to be...
Japan Boosts Spot VLCC Charters
Japanese refiners have stepped up chartering VLCCs in the spot market due to changing trade patterns, on the back of rising US crude...
Tanker Collision, Gasoline Spill Closes Portion of Houston Ship Channel
Based on a Reuters report, one barge was severely damaged and another capsized following a collision with a 755-foot (230-m) tanker in the Houston...
China Tests Sniffers To Inspect Vessel Sulphur Emissions
According to a press release by Lloydslist, China has set up monitoring facilities on the Yangtze River for screening high-sulphur fuel.
What happened?
China has installed monitoring...
Euronav Sees Positive Upshot Ahead of IMO 2020
The First quarter 2019 proved to be an unusual and largely resilient one for the large crude tanker sector.
Despite demand reduction and...
- Advertisement -
APLICATIONS
Sulfur Cap: Vacuum Gas Oil Blending May Rise VGO Demand
The 2020 International Maritime Organization 0.5% marine fuel sulfur cap changes are starting to shine a spotlight on the feedstocks market, with vacuum gas-oil...
