Trafigura Takes Up Share Deal With Scorpio

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Scorpio Tankers has agreed to acquire Trafigura subsidiaries that have leasehold interests in 19 ships in an all-share transaction worth $803 million, reports Reuters. Upswing...

Weekly Maritime Security Report – Week 33, 2019

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Protection Vessels International has released the 33rd Weekly Maritime Security Report of 2019. The report summarized on 18th September 2019 highlights the various incidents...

Tug Shows the Future of Autonomous Shipping

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An article in Maritime Executive details the interesting future of autonomous or remote controlled tugs, explaining why it is important to pay more attention...

Monjasa Implements IMO Grade Marine Fuels

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Monjasa is in preparation for a rapid change over to implement IMO compliant marine fuel 0.5% S in Panama. Marine fuel 0.5% S...

Shipping Retaliates To Investor by Forming ‘Zero Coalition’ To Reach 2030 Target

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Leading ports, banks, oil and shipping companies launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the...

DNV GL Focuses on Flexibility in Its 2050 Decarbonization Forecast

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DNV GL – Maritime has forecasted the future of shipping industry and advised on being flexible to have a better outcome in its newly...

Shipping Environmental Efforts All ‘Set to Go’

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The maritime industry is moving full steam ahead toward overhauling how ships get their power despite dissent from some vessel owners over the impact...

CMA CGM’s Tightening Liquidity Signals Rising Default Risk

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Something doesn’t look right in CMA CGM’s short-term liquidity profile, given the massive widening in negative working capital since the latest IFRS accounting changes...

2019 World Maritime Day Theme – Women Empowerment

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In a recent development, IMO announced that this year's World Maritime Day theme is “Empowering Women in the Maritime Community” as the community  celebrates...

[Answer] Why Scrubber Corrosion Occurs & How To Prevent It?

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As the 2020 sulphur regulations is nearing, the scrubbers have become the most vital choice of shipowners. Yet, many aren’t aware of scrubber corrosion...
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