IMO 2020 Is Already Hiking Cost To Ship Cargo by Sea

The effect of the approaching sulphur cap 2020 is already apparent on fleet capacity at sea and on freight rates for cargo shippers. ...

Weekly Maritime Security Report – Week 23, 2019

    Protection Vessel International has released the Maritime Security Report for Week 23 of 2019. The report formulated on 25th June 2019 highlights the various security...

Cargo Ship Freed After Running Aground in Bay Bulls Harbour

According to an article published in VOCM, a massive cargo ship that ran aground in Bay Bulls Harbour has been freed. What happened? On 30 June, the...

Singapore Delivered 0.5% Bunker Term Prices Leading-up To IMO 2020

Singapore is the world's largest bunkering hub, with bunker sales volumes totaling 49.8 million mt in 2018, according to data from the MPA. ...

Delivered Bunker Premiums Recover Slower Than Cargoes

High-sulphur bunker fuel has risen to an average of $9/t in June, up from $6.50/t in May and $5/t in April. Physical bunker suppliers...

Japanese Pilots Awards Two NYK Ships With ‘Best Quality Ship Award’

The wood-chip carrier Forestal Reina and the methanol tanker Kohzan Maru III, both NYK-operated vessels managed by NYK Group companies, have been awarded the...

IMO Adopts Fuel Reshipping Resolution for Ship Safety : MSC

In a recent development, the IMO’s MSC adopted a resolution providing recommended interim measures to enhance the safety of ships relating to the use...

Delft’s Preliminary Scrubbers Assessment Shows Negligible Port Impact: MEPC74

The Clean Shipping Alliance (CSA) 2020 says that the preliminary results of an independent study indicate that accumulated concentrations of residues from exhaust gas...

The 29th CIMAC Congress 2019, Vancouver

CIMAC Congress is held once every three years and attracts the best brains in the marine engines, marine fuels and lubricants industry. The 29th CIMAC...

Diana Shipping Announces Sale of Panamax Vessel m/v Thetis

Diana Shipping Inc. announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell “Thetis”, for a sale price...