Euronav: Summarizing the Tanker Market of 2018 and Beyond

Challenging freight market for crude oil tanker industry with reduced OPEC-driven production and excess supply of large tankers. The highest level of older...

Weekly Tanker Report – Week 12, 2019

The Baltic Briefing has issued the tanker report for the 12th week of this year. The report dated 22nd March 2019 provides a valuable...

AP Moller – Maersk Sells Total Stake for $1 Billion

According to a seatrade-maritime article, AP Moller – Maersk has sold its stake in the French oil and gas company Total for EUR884m ($1bn). Shares...

SCS Brings Technology Allowing Surveyors To Stay Away from the Quayside

All DNV GL classed vessels to utilize the possibility of remote surveys for some inspections through the Veracity data platform. Remote surveys are...

First Inland Vessel ‘For Ever’ Powered by 100% Sustainable Biofuel

GoodFuels and partner REINPLUS FIWADO Bunker have fuelled the ‘For Ever’, the first inland vessel from Combined Cargo Terminals (CCT) that runs fully on...

Ukraine Seizes $51 Million Worth Cocaine in Cargo Ship

Ukraine's Security Service (SBU) seized a shipment of South American narcotics worth some $51 million. It found more than quarter of a ton...

Herodotus’s Egyptian Ship Discovered in Sunken City

The ancient Greek historian Herodotus wrote extensively about a ship during his travels to Egypt in 450BC. Now that mysterious Egyptian ship has been...

Ship CO2 Emissions Greatly Reduced by 1% by High-tech Surfaces

Research done by the University of Bonn showcases how ship hulls were coated with special high-tech air trapping materials reduces up to 1% of...

Why Ship Owners Are Reluctant To Help Distressed Colleagues?

Increasing number of shipowners are reluctant to assist in salvage operations during distress. It has been attributed to an aspect of the law...

How To Get a Cruise Vacation for Pennies on the Dollar?

Who will say NO to take a cruise vacation for nearly free? Is it really possible to get one? "Yes it is," says an...