Bunker Fuel Market To Rise To a Total Volume of 460 Million Tons By...

Global bunker fuel market set to rise to a total volume of 460 mn tons by 2020, exhibiting a steady 3.1% CAGR in...

Maersk Signs TradeLens and Cold Store Warehouse Deal With Russia

In a major developmet, A.P. Moller - Maersk and Russian Ministry of Transport signed a Memorandum of Understanding on June 5, enabling the launch...

New Improved Tougher Evac BWMS Gets IMO Type Approval

In a recent development, the Evac Evolution Ballast Water Management System (BWMS) has announced that they have been granted IMO Type Approval, following testing...

MEPC74 Fuel Oil Non-Availability Report (FONAR) Guidelines

The recently concluded MEPC74 meeting held in London last month has set a guideline report on what needs to be done in case of...

Scrubber Benefits To Disappear But LSFO Premium Stays

According to the Drewry Maritime Reserach, the business case for retrofitting scrubbers will eventually “disappear” as the price spread between high sulfur fuel oil...

The Strange Case of Summer Oil Market

Front-month Brent crude futures, were at $62.71 at 0630 GMT, 42 cents, or 0.7%, above Friday’s close and U.S. WTI crude futures were at...

Hansa Acquires Tanker for $18.5 M From Japan’s JX Ocean

Norwegian chemical tanker company Hansa Tankers continues to expand with the purchase of another chemical tanker Bow Tone, reports Splash 247. Company’s second acquisition of...

[Watch] Wärtsilä Power Solution for Normally Unattended Installations

Offshore platforms designed to be able to operate for up to six months without the need for scheduled maintenance rely on a holistic power-generation...

Tanker Software Platform Adds Two Extra Satellite AIS Providers

Satellite AIS (Automatic Identification System) is a vessel identification system that is used for collision avoidance, identification and location information. Two such AIS systems...

Delivery of VLCC New Building with 15-Year Charter

According to an article published in PR Newswire, Ocean Yield ASA is pleased to announce that it has taken delivery of a VLCC. Series of...