Avoid Private Armed Teams in Ships
Shipping companies sailing through the Middle East Gulf are being urged to avoid having private armed security guards onboard as the risk of escalation...
JGC Bags 1st Deal for LNG Plant
Japanese engineering company JGC Corp., announced that it has won in Oman its first contract for the basic design of a liquefied natural gas...
IMO Bringing Industry and Academia Together To Address Biofouling Issues
In a major development, the IMO-GloFouling R&D Forum has announced that they will bring together regulatory bodies, stakeholders and representatives from shipping and other...
Trade Sources Say War Risk Premiums Driving Singapore and Asia Fuel Market
According to a Reuters report, shippers are trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are...
Scrubbers With HFO Better Solution Than Compliant Fuel
According to scrubber manufacturer Yara Marine Technologies CEO Peter Strandberg, “business is fantastic” at the moment given the rush ahead of IMO 2020. But...
Alfa Laval Shares Down 6% As Scrubbers Demand Loses Shine
Q2 order intake down 20% at 10 bln SEK
Alfa Laval sees somewhat higher Q3 group demand than Q2
12% miss on orders...
[Part3] A List of Interesting Papers from the 29th CIMAC Congress
The CIMAC congress had a very interesting discussion on a range of issues shipping industry is currently sailing through. Viswa Group in a 4...
Weekly Maritime Security Report – Week 26, 2019
Protection Vessels International has released the 26th Weekly Maritime Security Report of 2019. The report summarized on 16th July 2019 highlights the various incidents...
Epic Gas Acquires Four LPG Carriers
Epic Gas announced its acquisition of two of the four ships that it previously referenced in April 2019.
They are modern second-hand 11,000cbm Japanese-built...
Singapore Fuel Inventories Drop Eight-Month Low Ahead of IMO Rules!
Singapore onshore stocks of petroleum products fell to an eight-month low in the week.
The prices came in at 38.372 million barrels, down from...
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APLICATIONS
Maritime Industry Grapples With New Challenges In Q4 2024
The maritime industry faced significant disruptions in the fourth quarter of 2024. Increased sanctions and geopolitical tensions, coupled with the emergence of new illicit...
