Price of Bunker Fuel Set To Increase Globally from January 2020!

The price of bunker fuel is all set to rise as more companies are changing towards low sulphur fuel oil mandated by IMO. This...

Power Cut Plunges Massive Cruise Ship into Darkness!

According to an article published in Newsweek, a power outage on a cruise ship plunged parts of the vessel into darkness and left passengers...

IMO 2020: JPMorgan Foresee 15% Fall in RILs Earnings Growth

Refining and Petrochemicals sector holds a 15 per cent downside risk to Reliance Industries' (RIL) estimated FY20 earnings.  Consensus earnings estimates have been...

CSIC Bags $2.08bn Worth Contracts

China Shipbuilding Industry Corporation (CSIC) secures $2.08bn worth of new deals including newbuilding orders, conversions contracts and financing agreements, says an article published in...

BWTS Market To Expand by 2028

With the demand to improve stability and balance in unfavorable weather conditions, ballast water management becomes all the more important during loading and unloading,...

ICS Issues New Guidance Six Months Before ‘Global Sulphur Cap’

The International Chamber of Shipping (ICS), with just six months for the implementation of 'Global Sulphur Cap', issues updated guidance to help shipowners comply...

First Blockchain Tracked Container Reaches Rotterdam

The first shipment on the blockchain platform DELIVER, reached the warehouse of Samsung SDS in Tilburg via Port of Rotterdam.  Blockchain technology enables...

Crib Point LNG Project Suffers Delay by Australia’s AGL Energy

AGL Energy delays its Crib Point liquefied natural gas import project in Victoria, indicates first gas could potentially be delivered during FY21.  Höegh Esperanza...

Little-Known Oil Product Snapped Up for Ship Fuel in China

China embraces the use of a lesser known LCO to tackle the struggles with low profits, to be blended with diesel or fuel...

MSC Upgrades Box Ships To Compensate for Slots Lost To Scrubbers

Contract to upgrade container intake on six 16,000 teu vessels to lessen the loss of slots as a result of the installation of...