Baltic Index Breaks Its 16 Session Winning Streak
The Baltic Exchange’s main sea freight index took a break on Monday after rising for 16 straight sessions, as rates for capesize vessels fell...
MOL-JERA New LNG Carrier Named Sohshu Maru
Mitsui O.S.K. Lines, Ltd. (MOL) named the newbuilding LNG carrier Sohshu Maru ordered by Trans Pacific Shipping 8 Ltd., a joint venture between MOL...
Marine Scrubber Systems Market To Increase 20.4% CAGR by 2028
Marine Scrubbers have become the potential option in the post IMO 2020 world but their washwater are a concern.
The washwater needs to...
Cosco PetroChina Shipping Lines Up Product Tanker Quartet
According to an article published in Splash, Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping,...
Weekly Bulk Report – Week 27, 2019
The Baltic Briefing has released a report about the dry bulk market of the 26th week of shipping activities of this year. The report...
Fatal Fall from Chemical Oil Tanker Accommodation Ladder Platform
According to an investigation report published by the UK Government's Marine Accident Investigation Branch, MAIB, a crew member fell between the Luxembourg-flagged vessel and...
Maersk Blockchain Platform Grows With Hapag-Lloyd and ONE Addition
In a major development, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd announced that they will join the blockchain-enabled digital shipping platform, TradeLens...
Mega-Ship Shopping; Apple’s Core Conflicts; Oiling the Waters
Taiwan’s Yang Ming Marine Transport Corp. and China’s Cosco Shipping Holdings Co. are looking for new vessels to meet 2020 sulfur emissions.
Apple...
US Coast Guard Urges IMO To Act on GNSS Jamming
The US Coast Guard was urged to raise the issue of interference with key shipping positioning signals at the IMO Council this month, reports...
China To Launch Low-Sulfur Fuel Oil Futures Contract
China plans to launch a low-sulfur bunker fuel oil futures contract in a bid to raise its pricing power in the world’s maritime fuel...
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Looming Threats in the Indian Ocean
Presently, for commercial shipping, the Indian Ocean is arguably the safest ocean on the planet. It remains extremely vulnerable and dependent on international navies...
