Current Futures Prices and Refiner Processing Options

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IMO 2020-compliant marine fuel purchase for vessels without scrubbers will start in the next three months, VLSFO being the primary IMO 2020 compliant...

[Watch] Mammoth Cruise Ship Almost Crashes into Venice Port

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A terrifying footage has captured the moment a giant cruise liner lost control in strong winds and almost crashed into a Venice port, says...

Royal Caribbean Gets Third LNG Cruise Ship by Meyer Turku

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Meyer Turku Shipyard seals a deal for its third Icon class cruise ship for Royal Caribbean Cruises. Construction of the 200,000 gross tonnage...

‘Peak Season’ Witnesses Haphazard Spot Rates and Container Carriers

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Asia-Europe ocean carriers fail to push up container spot rates as they head into the peak season, with a slippage for rates.  The...

Wartsila-COSCO Tie Up To Strengthen Scrubbers Market in China

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In a major development, the technology group Wärtsilä has announced that they have signed a Memorandum of Understanding (MoU) with COSCO Shipping Heavy Industry...

Maersk Supply Service Renews Fleet Xpress Contract

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MSS has signed a three-year contract extension with Inmarsat for its new dedicated bandwidth service Fleet Xpress.  Advocates digital solutions to optimize vessel...

Baltic Index Breaks Its 16 Session Winning Streak

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The Baltic Exchange’s main sea freight index took a break on Monday after rising for 16 straight sessions, as rates for capesize vessels fell...

MOL-JERA New LNG Carrier Named Sohshu Maru

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Mitsui O.S.K. Lines, Ltd. (MOL) named the newbuilding LNG carrier Sohshu Maru ordered by Trans Pacific Shipping 8 Ltd., a joint venture between MOL...

Marine Scrubber Systems Market To Increase 20.4% CAGR by 2028

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Marine Scrubbers have become the potential option in the post IMO 2020 world but their washwater are a concern. The washwater needs to...

Cosco PetroChina Shipping Lines Up Product Tanker Quartet

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  According to an article published in Splash, Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping,...
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