Baltic Exchange to Develop LNG Freight Index with Ship Brokers
The Baltic Exchange is eyeing for the LNG market.
It is launching a freight index for LNG
Further plans of tying up with...
Rising Oil Price Poses Another Profitablity Problem for Containership Operators
Container operators are hardly hit by the LFSO marine fuel transformation which has escalated the fuel prices, posing a renewed risk to carrier profitability.
This...
Singapore Smashes Bunker Sales Volumes in 2017
Singapore posted record sales, volumes of marine fuels for the third straight year in 2017, even as the city state revamped the market last...
Shipowners Return to Buying Ways
Shipowners are back at procuring new ships.
They are opting for bulk carriers.
China is emerging as the biggest global player amongst the...
Captain’s Maneuvering Error Costs Millions
Summary:
On the morning of May 8, 2016, the passenger vessel Carnival Pride was attempting to dock at the Cruise Maryland Terminal at South Locust...
RIMS Gets Class Approval from Lloyd’s Register
Drone and robotics specialist RIMS (Robotics In Maintenance Strategies) have received their fourth Classification Certificate as Recognized External Specialists, from Lloyd’s Register for the...
[Watch] Plane Skids Off Runway and Hangs Off Cliff
On January 13, a commercial plane narrowly missed plunging into the Black Sea after reportedly skidding off a runway.
What happened?
The commercial plane ‘Pegasus Airlines...
Taiwan Rewards Slow-sailing Ships
The government offers subsidies to shipping line operators, who voluntarily reduce the operating speed of large ships as they enter the nation’s seaports.
Each ship...
MAN Develops Cylinder Bypass for Gas Engines
The MAN Diesel & Turbo has developed a new cylinder bypass function enabling ME-GI engines to continue running on LNG even when an individual...
9 CMA CGM Mega Newbuilds to Run on LNG
French maritime transport company CMA CGM, has plans to equip its nine future ships of 22,000 twenty-foot equivalent units (TEUs), scheduled to be delivered...
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APLICATIONS
Implementation Of Reinforced Standards At SOx SECAs
From 1 January 2022 it will be mandatory to use fuel with maximum 0.1% sulphur content.
The current regulations only apply to vessels...
