South Korean Shipyards Box Out Japan in LNG Tanker Market

HighlightsSouth Korean shipyards overtake their Japanese rivals by bagging orders worth $9 billion. The country has entered into the playing field after a...

0.5% and 3.5%-S Bunkers Spread Could Reach $400/mt in 2020

The refiners inability to stockpile HFO is increasing bunker fuel price The price could go as high as $400/mt in 2020 as refineries...

Autonomous Vessels Updated UK Code of Practice

The fast pace of change in maritime autonomy demands updated guidance Industry Code of Practice demonstrates UK’s leadership on autonomy New guidance focuses...

[Watch] Norwegian Frigate Sinks After Collision with Tanker

Although being held with wires, the Norwegian frigate 'Helge Instad' was depicted almost fully submerged, following a collision with the Maltese-flagged oil tanker 'Sola TS'...

[Watch] NYK’s Futuristic Emission-Free Vessel Design

Innovative technology to promote decarbonization. NYK’s reduction targets for GHG emission is 30% per ton-kilometer by 2030 compared with a 2015 base year. ...

Freightos Baltic Container Report – Week 45

Report Highlights As of November 16, Continuing high transpacific ocean prices reflects increased demand. Less Container Load (LCL) and Full Container Load (FCL) bookings on...

Diana Announces Time Charter Contract for m/v Thetis with Hudson

M/v Thetis previously chartered at US$8,350 per day from a contract with Ausca Shipping Limited. It will now be chartering at US$10,650 per...

What Happens if Bunker Fuel are Burnt in Diesel Engine?

What happens when fuel oils containing sulphur are burnt in a diesel engine without an exhaust gas cleaning system? Please email us to experts@mfame.guruDid you subscribe...

Inaccurate Situational Awareness Results in Collision

Summary On 05 December 2015, the Maltese registered bulk carrier Maraki, and the Bahamas registered vehicle carrier Ivory Arrow, collided in position 51° 22.2´ N 002°...

[Watch] Containership Allides with Pier

The container ship  MSC KATYAYNI hits the pier while berthing in Turkey, causing an oil leakage. Disclaimer: This video is intended for informational purpose only. This may...