November 1, IMO 2020 Transition Date, Says Singapore

November 1 is set as the “Transition Date” to the lower sulfur IMO grade fuel for Shipping companies, says an article published in Ship...

Safety Management Implementation Failure Causes Grounding of Vessel

On October 13, 2016, at 0108 local time, the articulated tug and barge (ATB) Nathan E Stewart/ DBL 55 ran aground on Edge Reef...

Castor Maritime Inc. Acquires It’s Second Dry Bulker

Castor Maritime Inc. entered into an agreement to purchase a 2001 Korean built Panamax dry bulk carrier from an unaffiliated third party. Addition...

Double Acting LNG Vessel To Run Through the Northern Route

The ARC7 ice-breaking LNG carrier Nikolay Urvantsev is specially designed to operate on the Northern Route to Russia’s Yamal LNG project above the...

The Likely Implications of New IMO Standards on US Diesel

IMO regulations was widely expected to cause a sharp increase in demand for ultra-low sulphur fuels to be blended into marine fuels in...

Panama Canal Drought Places Restrictions on Ship Cargo

As Central America is facing the worst drought scenario, the canal is forced to place restrictions on the number of cargo ships can...

Weekly Tanker Report – Week 31, 2019

The Baltic Briefing has issued the tanker report for the 31st week of this year. The report dated 2nd August 2019 provides a valuable...

APAC LNG Marine Engine Market Keen To Generate Lucrative Gains by 2025

Commercial LNG marine engine market size is expected to grow due to demand for the container, tanker vessels, gas & bulk carriers with...

Britain Unveils Post-Brexit For Creation of 10 Free Ports

According to an article published in BBC News, the European government is planning to create up to 10 free ports across the UK after...

12,000 TEU Capacity New Container Depot by ONE at the Rotterdam Port

In a major development, Japanese container line joint venture Ocean Network Express (ONE) has announced that they have opened a dedicated container depot in...