Weekly Bulk Report – Week 26, 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...

Okeanis Eco Tankers Secures Scrubber Project Funds

x Okeanis Eco Tankers Corp secures a $11 million secured loan facility for its scrubber project from BNP Paribas.  The Facility incorporates an interest...

BPA Concerned About Ports Open Loop Scrubbers Ban

Mr. Mark Simmonds from the British Ports Association said that the impact of open-loop scrubbers on sediments in harbour areas remains unclear. That is...

[Answer] How To Provide Future Proof Cost Saving Scrubber System?

The IMO 2020 sulphur regulation is less than 6 months away and the world is still pondering about the utility of scrubbers. While various...

Ship Owners Get Extended Contracts To Ensure Better Service

Long term contracts by the Ministry of Transport to ensure better services.  Fifteen year contract to boat companies providing  economical and uneconomical route...

Fednav Takes Delivery of a New Bulk Carrier

Canada's largest international bulk shipping company Fednav Limited, took delivery of the Federal St Laurent, its latest Great Lakes-suitable handysize vessel at the Oshima...

China’s Two Largest Shipbuilders Plan To Merge

China’s two largest shipbuilders are planning to merge, according to information shared by their listed arms, reports Reuters. Approval from authorities The merging of China Shipbuilding...

Zhoushan Poised To Beat Singapore on LSFO Price

Beijing is expected to approve a long-awaited tax rebate for the export of low-sulphur fuel oils later this year, says an article published in...

LPG Carrier Blaze Kills One, Injures 15

A seafarer died and another 15 were hospitalized last night after a fire broke out on the Italian-flagged LPG carrier Syn Zania, reports Daily...

Maersk CEO Wants Half Its Earnings To Come from Inland Logistics

In a strategic shift, A.P. Moller-Maersk AS plans to invest in warehouses, container terminals and customs brokerage firms to boost its logistics-services capabilities. The...