Where are the Metrics for Morale in Shipping?

Moral is not something that is recognised by today’s modern accountancy trained managers who are good at counting the beans and just take decisions...

LNG Shipping Rates Spike with Seen Through 2019

LNG rate spike continues as the price increased to  $95,000 from $75,000 a day at the end of August. LNG transportation from terminals...

Europe has Capacity to Recycle its Ships

Ship recycling yards approved by the EU will have enough capacity to handle demand from EU-flagged ships that need to be scrapped, a new...

Exxon Starts New Unit to Raise Ultra-Low Sulfur Fuels

In a major development, Exxon Mobil has  started operations at a new unit in their 366K bbl/day integrated Beaumont, Tex., facility in order to...

Bunkering Sector Mulls Biofuel Use in 2020

As the bunkering industry gears up for the International Maritime Organization's tighter sulfur emission standards from 2020, some market participants have been promoting the...

Magnificent VLCC-seven for TMC

TMC will supply marine compressed air systems for DSME's VLCCs. The 7 VLCCs are a part of the Norwegian Hunter Group which are...

Venezuela Faces Fresh Blow With Ship-Fuel Rules

The new fuel rules regarding the use of clean marine fuels are delivering a big blow to cash-strapped Petroleos de Venezuela SA. Petroleos de...

2020 Fuel Surcharges Could be Reduced

The fuel surcharges that some container shipping companies are intending to pass on to customers as they look to meet the 2020 sulphur cap,...

Tight October Expected for Fuel Oil in Northwest Europe

ExxonMobil to stop RMG 380 CST fuel from its 320,000 b/d Antwerp refinery. Fuel oil loadings for Singapore in September is under 1...

Chevron IMO 2020 Ready Lubricants

Chevron Marine Lubricants has developed a range of cylinder lubricants that is compatible with virtually all available global sulfur cap 2020 fuel compliance options. Multi-fuel...