Scrubbers for Wilhelmsens’ 20 Vessels for $140 Million

The implementation of the IMO 2020 0.5% global sulphur cap represents a challenge and risk for the shipping industry, with fuel costs expected to...

It’s a Chock

A guide for a mooring line, or steel towing wire which enables the line to pass through a ship bulwark or other barrier. Double chock...

Shipping Markets in Chaos Over Trade War

There is much talk in the grain and shipping sectors about how new technology is creating up-start “disruptors” eager to secure their own piece...

Baltic Dry Index is Down to 1,732 Points

On 7 August 2018, the Baltic Dry Index fell to 1,732 points, down 41 points (-2.31%) versus the level of August 6, says a...

Shipping Industry Urges UK Government to Extend Brexit Talks

Maritime UK urges for the extension of the Brexit Negotiations. Shipping Industry might be adversely affected in case of a no deal...

German Box Fleet Value Set to Soar by US$5Bn

The value of ships owned by German companies is set to increase by over US$5Bn, over the next 2 years, says VesselsValue.Varied portfolio Its analyst...

Scrubbers to Dozens of Vessels in TMS Fleet

This publication has received an unconfirmed report that TMS Group is expanding an existing deal to fit scrubbers to dozens of vessels in the...

Cargo Vessel Collision Near Dungeness

On August 8, two people were rescued after a 2,000-ton cargo vessel and a yacht collided in the English Channel. What happened? A mayday call was...

[Watch] Cargo Vessel Runs Aground in Palawan

On August 6, a cargo vessel ran aground off the coast in Dumaran, Palawan due to strong winds and big waves. What happened? The tourist vessel...

How the New Fuel Regulations Change the Entire Shipping Industry

LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. International Maritime Organisation (IMO) have taken...