Why Persistent Criticisms of Scrubbers Are Wrong?
Continued use of HSFO with exhaust gas cleaning systems has repeatedly been confirmed as an important part of the IMO’s policymaking arsenal.
Scrubber...
Monthly Panamax Technical Report
Technically the index remains in a trending environment with resistance starting at USD 17,588.
The RSI is overbought at 90, however again...
International Maritime Organization Standards Puts a Hike in Diesel Prices
International Maritime Organization (IMO) 2020 standard states that marine fuels containing no more than 0.5% sulfur by weight are to be used to...
Weekly Bulk Report – Week 29, 2019
The Baltic Briefing has released a report about the dry bulk market of the 29th week of shipping activities of this year. The report...
“TOYOTA MARU No.10” Operated by “K” LINE Awarded “Ship Heritage” Recognition
TOYOTA MARU No.10 has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in...
Oil Spikes After API Reports Largest Crude Inventory Draw of the Year
Crude oil inventory draw 10.961 million barrels for the week ending July 18, compared to expectations of smaller but significant 4.011-million barrel draw.
...
Middle East Tension Continues To Drive Oil Price Sentiment
According to a Freight Investor Services article, crude saw a late drop in prices last night after the U.S. Secretary of State dropped some...
Investment Risks Looms Big on Oil Tankers, As Climate Actions Becomes a Reality
According to analysts, a strong action on climate change would shrink demand for vessels by a third, impacting investment decisions being made now, says...
Fujairah Says ‘Flexible Approach’ Essential for IMO 2020
The Middle East marine bunkering hub of Fujairah said a "flexible approach" will be required in the run-up to the International Maritime Organization's new...
IMO’s Just-In-Time Ship Operations Reduces Ship Idling Time by 23%
A desktop trial in Just-In-Time ship operations has yielded positive results, showing emissions can be cut considerably, says an article published in the Maritime...