Weekly Tanker Report – Week 25, 2019
The Baltic Briefing has issued the tanker report for the 25th week of this year. The report dated 21st June 2019 provides a valuable insight into...
Containerships Introduces Second LNG-Fueled Ship
CMA CGM subsidiary has taken delivery of its second container ship powered by LNG from Guangzhou Wenchong Shipyard in China.
The vessel’s first LNG bunkering...
Dozen Tankers Containing Dirty Russian Oil Left at Sea
Earlier it was discovered that Russia was shipping oil contaminated with organic chloride designed to boost output but can potentially destroy refining equipment.
...
Norden Tests Marine Biofuel on Another Tanker
Norden is conducting trials on a second test voyage with a VLCC powered by CO2 neutral biofuel.
The trials are being conducted onboard Nord Sustainable, a...
Bigger the Box Ships, Bigger the Insurance Risks
Insurance industry having concerns about the size of the vessels say bigger vessels means a potential loss of about $4bn.
Fires and explosions...
Panama Likely To Lose MGO Sales Advantage
The global marine fuel regulation could diminish the price advantage for marine gasoil (MGO) that Panama enjoys over other Latin American countries, reports Argus...
China – South Korea Issues Ballast Water Exchange Rules Exemptions
According to BIMCO, China and South Korea, the two countries have agreed on exemption of ballast water exchange requirements for international ships sailing between...
MPC To Use Insurance Payout To Finance Scrubbers
Norwegian feeder container ship operator MPC Container ships has called a meeting with investors as it seeks to use the insurance payout from a...
Hudson Shipping Lines Pledges ‘No Scrubbers’ Usage Policy
In a major development, the Hudson Shipping Lines announced that following the implementation of the IMO2020 sulphur cap on January 1, 2020, they will...
The Northern Europe Service Gets Its Second LNG Fuelled Feeder Ship
Hamburg-based Containerships takes up delivery of 1,380-TEU, LNG-fuelled Containerships Polar, for service between Northern Europe, the Baltic states and Russia.
Containerships Polar, one...
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APLICATIONS
4 Container Shipping Giants form a Mega-Alliance
CMA CGM, COSCO Shipping, Evergreen line and Orient Overseas Container Line have agreed to form a new Alliance, to offer best-in-class service to their...
