Weekly Tanker Report – Week 15, 2019

The Baltic Briefing has issued the tanker report for the 15th week of this year. The report dated 12th April 2019 provides a valuable insight...

Tanker Sector: A Liquid Sales Environment

Tankers are considered to be the most liquid of all the shipping sectors in giving investors flexible market opportunities. Dry bulk sectors had a higher...

Chinese Yard Plans To Build 270,000 cu.m LNG Carrier

DNV GL signed a joint development project (JDP) agreement with China’s Hudong-Zhonghua Shipyard, reports MarineLog. What is in the agreement? DNV GL signed a joint development...

ReCAap Meet Reflects The Vitality of That Shared Responsibility

ReCAAP Information Sharing Centre (ISC) held its annual Piracy and Sea Robbery Conference to an audience of international maritime stakeholders including shipping and marine...

VLCCs With Scrubbers Will Yield US$6,100/day More

US shipping research group McQuilling Services has released its 2019-2023 Tanker Market Outlook, reports Tanker Shipping & Trade. Here's an excerpt from it. Basis of forecast The...

[Answer] Magnesium Hydroxide a Safer Option for Closed-loop Scrubbers?

A stable suspension brings operational and cost advantages for closed-loop scrubber users, says an article published in Marine Propulsion. The article highlights how easier handling...

Deck-Cooling Order! Tankers Must Cool Decks During Panama Canal Transits

According to an article published by Standard-club, tankers have been issued with new deck-cooling orders by the Panama Canal Authority (ACP). Directives for lesser flashpoints The...

Global Launch of Internet of Ships Open Platform Announced

ClassNK has announced the global launch of IoS-OP (Internet of ships open platform) at Sea Asia Exhibition. IoS-OP is a platform for data distribution and...

Yang Ming Invests in Four New Compliant-friendly 11,000 TEU Boxships

In a recent development, the Keelung, Taiwan-headquartered ocean container carrier Yang Ming announced that they have signed charter agreements for four box ships of...

Wartsila’s RS24 Radar To Help Large Ship Visibility During Hazards

In a recent development, the technology group Wärtsilä has launched their RS24 high-resolution radar, the world’s first commercially available K-band maritime radar which can...