Mitsui LNG Ship Hired by GAIL for Transporting Gas from America!
GAIL has signed a long-term LNG contract with Japan's Mitsui OSK Lines for ferrying gas from nations such as the US for a...
Weekly Maritime Security Report – Week 27, 2019
Protection Vessels International has released the 27th Weekly Maritime Security Report of 2019. The report summarized on 24th July 2019 highlights the various incidents...
S’hail Vessels Added To Klaveness Baumarine Pool!
S’hail Shipping's vessels MV S’hail al Rayan and MV S’hail al Dukhan were inducted into the Baumarine pool.
Baumarine has a solid global market and...
Q2 Profits Fall As Demand Becomes Weak, Says Wartsila
In a major development, Finland’s Wartsila Oyj (WRT1V.HE) missed second-quarter forecasts last Thursday and warned that it expected demand to weaken for both its...
Fujairah Sets the Pace With IMO 2020 Compliant Fuel Sales
According to an Argus Media report, marine fuels compliant with the upcoming sulphur emissions regulations are being traded in the Mideast Gulf bunkering hub...
No Scrubbers Wastewater, No HSFO in Chinese Waters
According to an article published in Splash 247, China’s Ministry of Transport has issued a draft plan for measures to deal with the 2020...
Maersk Parent Company Steps into Renewable Energy Industry
According to an article published in Reuters, Maersk' parent company A.P. Moller, as it's first move away from the shipping and oil industry, will...
[Watch] MSC Gulsun World’s First 24K Mega Container Ship
Samsung Heavy Industries delivered the largest containership to the Swiss Mediterranean Shipping Company (MSC) from South Korea. The vessel is the first of the six 23,000 TEU-class...
Revised IMO Guidelines for Winches and Lifting Equipment
MSC revised the guidelines for developing deck machinery requirements, while Damen expanded its hydraulic system portfolio, reports Riviera Maritime Media.
Revision approved by MSC
Mandatory guidance...
Will Not Enforce IMO 2020 Sulphur Cap on Domestic Fleet?
Indonesia will not enforce new low-sulphur marine fuel rule on its domestic shipping fleet.
High cost to comply with the new rules is...
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Why the US Can Avoid a Recession in 2023?
In 2023, the possibility of a U.S. recession still exists. According to Goldman Sachs Research, the probability of a significant decline in the American...
