LSFO Demand To Spike As Coal Plants Shuts Down
Korea East-West Power raises December LSFO purchases
Coal plants shut down will trigger LSFO demand which eventually result in higher purchase
IMO 2020...
Asia Opens Upto LNG As It Turns Out To Be The Most Scalable Bridge...
According to an Argus Media report, LNG is slowly becoming the best alternative bunker fuel and Asia has woken upto it.
The Most Scalable Alternative...
Thoughts on Organizational Culture
The word “Culture” is increasingly in use while discussing big organizations. It is said to contribute to exponential growth of organizations.
What actually is Culture?
MIT...
IMO Chief Lambasts the ‘No Crew Change’ Clause
IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterparties.
He pointed out that such clauses exacerbate the dire situation of stranded...
Golden Union Buys Newcastlemax at Attractive Price
Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners.
Its full steam ahead for cape owners, battling...
France Bans Freights from UK, After New Strains
France decides to block lorries arriving from the UK for 48 hours in response to the emergence of a new strain of Covid-19.
...
Ships Race To Reposition Containers Globally
Ninety-five percent of coffee imports in the US and Europe arrive in containers.
The containers are unloaded and returned to port with outbound...
IMO To Consider Example of Bunker License
An IMO correspondence group has been set up to “review and amend, as appropriate, the indicative example of a license for fuel oil...
Lack of Proper Safety Procedures Leads To Barge Explosion
The National Transportation Safety Board has issued a marine accident report detailing the investigation of explosion of barge IB1940.
The Incident
About 0930 on November 4,...
NYK Expands IoS-OP Linked Fleet To 200 Vessels
Nippon Yusen Kabushiki Kaisha (NYK) and Ship Data Center Co., Ltd. (ShipDC) have agreed to use the latter’s IoS-OP to share data received from...
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