IMO Secretary-General Commits to Sustainability Goals at Nor-Shipping Conference

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In a major development, IMO Secretary-General Kitack Lim delivered a strong reminder about the vital importance of balanced and sustainable development to delegates at...

Star Bulk Carriers Corp. Tackles IMO 2020

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IMO 2020 disruptions, delays in shipyards and restocking Chinese iron ore port inventories to create opportunities in late 2019 and early 2020. Star...

South Korea Regains Top Spot in May Shipbuilding Orders

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According to an article published by World News Monitor, South Korea edged China for the first time in three months to recapture the No....

Baltic Tests 1,100 Level on Increased Cargoes

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The BDI has broken into the 1,100 level, registering at 1,107 for the day. However, the BDI eased later toward the end of...

A Small Shift in LNG Market May Bring Big Boost for Shipowners

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The complexity and cost of keeping natural gas in liquid form on ships for extended periods meant it wasn’t widely used until last...

IMO Joins for Discussion at Nor-Shipping Event in Oslo, Norway

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According to an article published by Port News, a wide-ranging discussion during the "Africa@Nor-Shipping" event in Oslo, Norway held on 5 June explored a...

Midwest Supplies Hindered by Floods Resulting in Stalling of Barges

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According to an article published in STI Today, hundreds of barges are stalled on the Mississippi River, because of strong winds, snow, rainstorms and...

Stockpiling for LSFO Components, Paper Trading Ramps Up in May

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Liquidity in the derivatives markets along with testing and stockpiling demands increased throughout the year. Singapore premiums for 0.5%S to the Mean of...

Three Missing After Tanker Blast in Russia’s Makhachkala

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Russia's Transport Ministry said that three people were missing and two injured on an oil tanker while it was pumping oil in the southern...

Just How Disruptive Will IMO 2020 Be?

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Effective January 1, 2020, in accordance with a mandate from the International Maritime Organization (IMO), the allowable percentage of sulfur in marine fuel will...
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