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...