Slow Steaming to Arrive at the Right Time

Container ships, on average, spend 6% of their time, every year, waiting at anchor due to delays at port. This occurs due to uncoordinated...

Why Tanker Owners Don’t Believe in a Tesla of the Seas

Discussions on digitalisation featured heavily at Riviera Maritime Media’s Asian Tanker Conference in Singapore, reports Edwin Lampert for Tankershipping. Investment for improvement Some of the most...

Sinopec’s Hainan Refinery Delivers First Low-Sulphur Bunker Fuel Cargo

In a recent development, Sinopec Corp's subsidiary refinery has announced that they have delivered their first shipment of low sulfur bunker fuel that meets...

CMA CGM Opts LNG Propulsion and Scrubber Mix on 10 Newbuilds

  CMA CGM opted LNG and Scrubber mix for complying with the IMO 2020 sulphur cap. Ordered 15,500 teu containerships from CSSC with five...

Algoma Purchases 16,512 dwt Product Tanker

Algoma Central’s operating unit Algoma Tankers (ATL) has purchased a new 16,512 dwt product tanker. It will be the 8th ship in the...

Weekly Maritime Security Report- Week 8, 2019

Pirates attempted to board underway container ship off the coast of Brass on 21 February. Brazil authorities seized 680 kg of cocaine at...

Marine Fuel Contracts Launched in Advance of IMO 2020

Intercontinental Exchange, Inc., on the 19th February, launched new Marine Fuel 0.5% futures contracts in advance of the implementation of IMO2020. ICE’s new...

Steep Rise in LNG Bunkering ! Rotterdam To Be LNG Hub

In 2018 fuel oil sale decreased from 9.9 million m3 to 9.5 million m3 due to the dip in sales of HFO from...

Container Shipping Face a $10B Hit Globally

2018 was a turbulent year for the container shipping industry, but it might have been only a warm-up for 2019 IMO 2020 regulations...

[Watch] “Wind Challenger Project”- Maritime Vessels for the Future

The Wind Challenger Project is radicalizing sails to use it for a hybrid maritime system which used wind propulsion as a renewable and viable...