Platts Launches Weighted Average Capesize TCE Rate
In a major development, S&P Global Platts has announced that they will start publishing a new daily weighted average Capesize time charter equivalent (TCE)...
IMO’s ‘Empowering Women in Maritime’ Finds Support in Wallenius, As It Joins WISTA
International Maritime Organization (IMO) World Maritime Day was celebrated on 26 September, with the 2019 theme “Empowering Women in the Maritime Community“, says an...
[Watch] Maersk COO Explain Shipping’s Climate Efforts at UN Climate Action Summit
Recently, Maersk released a video of their COO, Soren Toft, explaining shipping's climate efforts at the UN Climate Action Summit. The video described as...
LNG The Most Commercially Viable Future Proof Fuel?
According to a new report released by SEALNG, Liquified Natural Gas (LNG) is the most mature, scalable, and commercially viable alternative fuel currently available...
BIMCO: Regulating Propulsion Good Way To Curb Emissions
In a major development, BIMCO has submitted a proposal to the International Maritime Organization (IMO) to regulate the propulsion power of ships in order...
The Third Largest Merchant Fleet in EU Is ‘Sulphur Cap Ready’
According to a leading shipowner shipping companies in Cyprus, whose merchant fleet is the third biggest in the EU and eleventh in the world,...
Distracted Captain on Phone Results in Bulk Carrier – Barge Collision
According to an NTSB investigation report, On January 31, 2016, at 1953 local time, the bulk carrier Aris T collided with a moored tank...
Kuehne + Nagel Takes the Green Pledge
Kuehne + Nagel (KN) is claiming a win for the environment after announcing that it will offer carbon-neutral services for all less-than-containerload (LCL) shipments,...
GP’s Maiden Compliant Fuel Delivery in Fujairah
Oil trader and bunker provider GP Global delivered its first barge of compliant low-sulphur fuel oil into Fujairah in the United Arab Emirates, reports...
Sovcomflot Incorporates Poseidon Principles for LNG vessels
Sovcomflot and NYK Line have signed a new USD 176 million non-recourse credit facility for eight years with three leading international banks, reports Steel...
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APLICATIONS
Aframax Tankers Propelled By Wärtsilä FPP
TMS Tankers To Retrofit Wärtsilä FPP
TMS Tankers Ltd., has selected Wärtsilä fixed pitch propellers (FPPs) for its new vessels under construction in China.
In December...
