Foreign Flagged Ships Detained In The UK During November 2018
On December 12, the Maritime and Coastguard Agency (MCA) announced that four foreign flagged ships remained under detention in UK ports during November 2018...
Global Phenomenon of LNG Bunkering Services and Infrastructure
Zero particulate matter emission has made LNG the future proof marine fuel.
With 120 LNG powered vessel, the LNG bunkering market will exceed...
BIMCO: Marine Sulphur Content & Fuel Transition Clause Published
BIMCO has published two sulphur content related bunker clauses which are now available for its members on the BIMCO website and on SmartCon, BIMCO’s...
Lofty Freight Rates Shield Asian Sweet Crudes from Arbitrage Competition
Asian sweet crude trader said, differentials are expected to remain supported for the coming February trading cycle as multi-year high freight rates bar some...
Wallenius Wilhelmsen Supports Ship Recycling Transparency Platform
Ship Recycling Transparency Initiative has formed an online platform for ship recycling transparency with the help of Wilhelmsen group.
The platform will make...
Global Ship Inks Five-Year Time Charters with CMA CGM
Global Ship secured two 5-year time charters with CMA CGM for two containerships at 30% above current rates.
The new charters will commence...
How does Seawater Buffer or Neutralize Acids Created by Scrubbing?
Scrubber systems are air pollution control devices that can be used to remove some particulates and/or gases from industrial exhaust streams. Traditionally, the term...
8% Discount on Tonnage Fees for ESI Ships in the Port of Tallinn
Ships participating in ESI can avail 8 percent discount on tonnage fees in the Port of Tallinn
New port pricing system to be introduced...
Fuel Prices Falling! Ocean Carriers Levy Surcharge Now
The shippers remain unconvinced about the justification the size of the surcharge ocean carriers is proposing to cover the cost of compliance with the...
Choice of 2020 Compliance may Affect Charter Parties and Agreements
As 2020 is fast approaching, many uncertainties have risen with respect to fuel costs and fuel availability. The characteristics of some of these new...