Components of Gasoline Production to Make Shipping Fuels

  As shippers start exploring low sulfur fuels, the gasoline market faces a difficult situation. Vacuum Gasoil will be diverted to make ship fuels,...

Asia-Pacifics First ‘green loan’ for Scrubbers

  Quantum Pacific secures 40 million dollars green loan for scrubbers installation. The first loan in Asia Pacific which will fund the purchase and...

Marine Scrubber Installations may Peak at 6,000: Platts Analytics

The number of ships fitting scrubber systems as a means to comply with stricter sulfur emission limits may peak at 6,000 as economic incentives...

ClassNK Opens New Survey Office in Reggio Calabria

On December 5, the operations started for a leading classification society ClassNK, that has opened a new exclusive survey office in Reggio Calabria, Italy. Demand...

Samskip’s UK Investments Secure Supply Chain

The leading multimodal operator Samskip has become a major beneficiary of the Brexit. Within just 2 years of pre-Brexit investment in North Sea container...

Tanker Report – Week 49

VLCC Rates in the Middle East Gulf softened around 2.5 points to WS 97/97.5 for 270,000mt to China, with a run to Japan fixed at...

VIDA Signed into Law

On December 4, the White House announced the bill which included the Vessel Incidental Discharge Act of 2018 (VIDA). Bill passed The 'Vessel Incidental Discharge Act of...

World’s First Full Digital Shipping Company Shaping Up

Under "The Contopia Factor”, entire container fleet of one shipping company will be digitalized in 2019. Mid to small size shipping companies have...

Divers Exceptional Bravery Gets IMO Award

On December 6, The International Maritime Organization (IMO) awarded the 'IMO Award for Exceptional Bravery At Sea 2018' to a Chinese diver. Collective decision This annual...

New SRTI Platform For Disclosing Information On Ship Recycling

Ship Recycling Transparency Initiative(SRTI) launched in London to support sustain shipping SRTI is an online tool for sharing information on ship recycling and to...