Indian Oil to Produce 0.5% Sulfur Compliant Fuel Oil by Mid 2019

Highlights Indian Oil Corp is set to produce compliance fuel Marine Gasoil production remains open Tests for 0.5% sulfur compliant grades positive Too early...

Bulk Report – Week 46

Capesize After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted...

World’s First Green Bonds in Shipping Industry Issued

NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by...

Healthier Charter Markets to Benefit Navios Maritime Holdings

Revenue $390.4 million for 9M 2018 $141.5 million for Q3 2018 Cash from operating activities $39.6 millionfor 9M 2018 $10.1 million for Q3 2018 Adjusted EBITDA ...

VLCC Front Falcon Sold to Third Party by SFL

On November 16, Ship Finance International Limited announced its plan to sell the 2002-built VLCC Front Falcon to an unrelated third party. Move to diversify...

[Answer] Sulphuric Acid and Sulphate Particulate Matter in the Exhaust Stream

Figure: Summary of typical emissions from a slow speed 2 stroke diesel engine The mechanism of fuel oil combustion in a diesel engine is well...

Arc7 Class Tanker Begin Sea Trials

A new ice-breaking liquefied natural gas (LNG) tanker of the Arc7 class has begun sea trials by South Korea's Daewoo Shipbuilding and Marine Engineering (DSME)...

South Korean Shipyards Box Out Japan in LNG Tanker Market

Highlights South Korean shipyards overtake their Japanese rivals by bagging orders worth $9 billion. The country has entered into the playing field after a...

0.5% and 3.5%-S Bunkers Spread Could Reach $400/mt in 2020

The refiners inability to stockpile HFO is increasing bunker fuel price The price could go as high as $400/mt in 2020 as refineries...

Autonomous Vessels Updated UK Code of Practice

The fast pace of change in maritime autonomy demands updated guidance Industry Code of Practice demonstrates UK’s leadership on autonomy New guidance focuses...