Scorpio Announces Sale and Leaseback Agreements for Four Product Tankers

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Scorpio Tankers Inc. announced today that it has agreed to sell and leaseback two MR product tankers (STI Gramercy and STI Queens) and two...

Asia MR Tanker Freight Rate at Discount to LR1s on Slow Oil Products Trade

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In a rare reversal of differentials, the Medium Range Worldscale rates on the key Persian Gulf-Japan and West Coast India-Japan routes have slipped into...

Gate Terminal to Increase Ship Loading Flow Rate

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Gate terminal announces that it will invest to increase the ship loading flow rate at the jetties for large ships from the current 2300...

Noise and Seafarer’s Hearing Loss

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Noise has been identified as a major hazard to the health of the seafarers and has been found to cause hearing loss over years...

Marijuana Found in Seawater Inlet of Engine Room

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On June 21, the Manzanillo Port Authorities discovered suspicious packages stashed in a seawater inlet of an engine room. What happened? The vessel ‘MSC Perle’ was...

[Watch] 2 Ships Sunk Off Coast Become Volusia’s Latest Artificial Reefs

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Seas were smooth, skies were blue and more than 70 boatloads of people turned out to watch the sinking of the 150-foot steel cargo...

Two Ships Reefed on One Day

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On June 23, two vessels reefed and reportedly sank after waiting for months in the Atlantic Ocean. What happened? The vessels ‘Lady Philomena’ and ‘Everglades’ sank...

American Shipowner Opts for WE Tech’s Energy Efficiency Solution

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The American Shipowner Vulica Shipping has chosen WE Tech Solutions to provide the energy efficiency solution to its two 68000dwt Self-Unloader Bulk Carriers. The...

Fuels, Lubricants & Green Marine

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International Maritime Organization (IMO) fuel rules entering force in 2020 mandate a drastic sulfur reduction. By 2050 the mandate is to cut greenhouse gas...

‘Be Realistic on Compliance’ Plea from Shipping as Tough Bunker Rules Loom

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Compliance is becoming a key issue amongst the shipping industry heavyweights as they gear up for the 2020 sulphur cap.They want a “pragmatic approach”...
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