FMC Clarifying ‘Reasonable’ Demurrage, Detention Fees

Demurrage/detention penalties and the high value of the U.S. dollar making exports very expensive in foreign markets. FMC investigation hopes to bring clarity...

H-Line Orders Largest LNG-powered Bulk Carriers

H-Line Shipping, part of the South Korean private equity firm Hahn & Co, has confirmed newbuilding orders for two 180,000-dwt LNG-powered bulk carriers. Who is...

Japan’s September Vessel Orders Down 12% on Year

Japanese shipbuilders export orders down 12% year on year and down 43.7% from August Outlook seen positiveJapanese shipbuilders received export orders for a...

Firmer Capesize Rates Prop Up Baltic Index

The capesize index rose 20 points, or 0.9 percent, to 2,189 points. The panamax index gained 4 points to 1,779 points, highest since...

Ships Detained in the UK During September 2018

On 11th October, The Maritime and Coastguard Agency (MCA) announced that five foreign flagged ships were under detention in UK ports during September 2018...

Scorpio Announces LOI for Scrubber Retrofits

On October 15, the Scorpio Tankers Inc. announced its entry into an agreement to retrofit 15 of its LR2s with Exhaust Gas Cleaning Systems...

Sulphur Cap Scraps Chemical Tankers 6 Years Earlier

Chemical tankers could be scrapped five to six years earlier ahead of their estimated lifespan. IMO’s sulphur cap compliance Amid the International Maritime Organization's move to...

Singapore Bunker Sales Figure Down 5.2% on Year Last Month

Singapore’s Recorded bunker sales for September 2018 drops by 5.2% against same period last year record. Sales better by 3.8% from 3.96 million...

First-of-kind Containment Vessel Taking Shape

Construction of an ABS-classed LNG carrier with 45,000 cubic meters of storage capacity for Saga LNG Shipping Pte. Ltd. was commemorated on 11 September...

[Watch] Great White Shark Bites ANOTHER Shark as it Misses Bait

A DRAMATIC viral video has captured the moment a great white shark attacks a smaller shark as the pair fight over food in the...