Cargo Ship Owners & Master Charged Over Large Oil Spill

Upon allegations of a large oil spill in Darwin Harbour by the Northern Territory Department of Environment and Natural Resources on August 19, 2016,...

Q&A: Fuels Standards Key to Sulphur Cap Sales

Bunker fuels' availability and compatibility still remains as a concern for shipowners and operators.Argus asked Danish bunker fuel supplier Monjasa chief operating officer Svend...

Scorpio Group to Install 100 Hybrid-ready Scrubbers for IMO 2020

Scorpio group is installing scrubbers in its 56 bulk carriers and 109 tankers. Two-thirds of the fleet will be scrubber ready by the...

U.K. to Establish a Post-Brexit Port 70 Miles From the Sea

The U.K. government with aims to address one of the biggest challenges of Brexit, is planning to create a so-called inland port where imported...

Upgraded Wärtsilä EGC Test Facilities in Norway

The technology group Wärtsilä has inaugurated the upgrading of the company’s test facilities located in Moss, Norway. The inauguration ceremony took place on September...

Baltic Index Gains on Firmer Rates Across Vessel Segments

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday for the sixth consecutive session on...

Bulk Report – Week 38

Capesize A mixed week for the big ships with unfulfilled expectations. Rates on the West Australia/China route failed to hold and dropped to $7.20 for...

Asia Coal Demand Drives Panamax Rates Up 7.5%

Baltic Dry Index is at 1450 points, 7% higher than the previous week. Stringent inspections in China is making generators purchase from foreign...

New Mini-Bulker Pool Created

The NovaAlgoma Short Sea Carriers a NASC), a joint venture of Algoma Central Corporation and Nova Marine Holdings SA, and Peter Döhle Schiffahrts-KG (PDS)...

International Seaways to Install Scrubbers

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil, petroleum products and liquefied natural gas (“LNG”), today...