Shell Ships ‘Slurry Oil’ in Unusual Arbitrage Move

In an unusual mover, Shell International Eastern Trading Company (SIETCO) has chartered a tanker to ship up to 80,000 tonnes of slurry oil from...

Maersk Warns on Impact of Trade War

Maersk shipping chief has announced that tariffs could slow global annual trade growth by 0.1 to 0.3 per cent, but in US it declined...

[Watch] Drone Footage of Shipwreck in Qawra

A vessel ran aground at Qawra as a result of the rough seas. The Hephaestus, a 60-metre Togo-registered tanker broke its moorings near the...

[Watch] Ship Air Emissions – Main Challenges, Policies and Industry Developments

IMarEST TV recording of the 10 May 2018 technical lecture presented to the IMarEST UAE Branch in Dubai by Dr Stefanos Chatzinikolaou, Senior Manager...

Underwater Repairs to Prevent Dry-dockings

Wärtsilä’s divers are helping operators to avoid unplanned dry-dockings by completing repairs such as propulsion overhaul, hull cleaning and propeller polishing underwater.The retrofitting of...

[Watch] The Way Big Ships are Launched Looks Completely Insane

Getting a new ship into the water is, presumably, the most important part of building a seafaring vessel.Not all ships are created equal...

Bulk Report – Week 33

Capesize A week of largely unfulfilled expectations with holidays is again curbing activity. Rates remained essentially healthy, but despite bad weather in China, possibly causing...

Greece Saves the Euro

Greece completes ESM’s €61.9bn (£55bn; $70.8bn) bailout programme. The economy has grown slowly in the past 3 years and is 25% smaller than...

Gulf Navigation Vessels are 2020 Ready

Gulf Navigation holding has entered two of its petrochemical tankers into the dry dock for the mandatory five-year maintenance. This includes major upgrades to...

Maersk to Spin Off Drilling Business

On August 17, the Danish shipping giant A.P. Moller-Maersk confirmed that it would spin off its offshore drilling operation and list the unit in...