Baltic Exchange Shipping Insights
Tanker Report
VLCC
Rates in the ME Gulf to China remained steady at around WS 49. A trip to Japan was covered at WS 47.75 while...
[Watch] BSM is a Strong Partner for the Greek Shipping Industry
In a news report on its website, Bernhard Schulte Shipmanagement (BSM) highlights its latest announcement given at the hospitality event entitled ‘The future of...
Diana Enters Time Charter Contract for Capesize Vessel
As per media reports, Diana Shipping Inc. has signed a time charter contract with the Singapore based Koch Shipping Pte. Ltd for their capesize...
Asia LR2 Freight Rate Above LR1
After a hiatus of almost three months, the East of Suez Long Range II or LR2, were commanding upon Worldscale points, a puny premium...
DNV GL to Take Hull Performance Beyond ISO 19030
PPG, a global leader in protective and marine coatings, and the global quality assurance and risk management company DNV GL, have signed a collaboration...
HMM Opts for Scrubber Ready Mega Containerships
The shipping company HMM has planned to order 12 containerships of 20,000 TEU and 8 containerships of 14,000 TEU capacity to be deployed in...
Greece Aims to be Marine LNG Hub
The Maritime giant Greece is planning to conquer the much coveted position of being the regional marine bunkering and distribution hub for liquefied natural...
DNV GL Announces New Scrubber Notation
ER class notation - a natural complement to DNV GL’s Scrubber ready notation
Released in 2016, helps new buildings for scrubber installs
Allows...
Improper Digital Chart Leads Vessel To Run Aground
Summary:
On 13 May 2017, the Maltese registered bulk carrier Universal Durban, while on passage from Bell Bay, Tasmania to Bintulu, Malaysia, ran aground on...
A New Safety Issue for Ships?
There has been a rise in recent years in the number of hybrid and full-electric vessels in the maritime industry. Estimates suggest that almost...