Sulphur Cap Scraps Chemical Tankers 6 Years Earlier

Chemical tankers could be scrapped five to six years earlier ahead of their estimated lifespan. IMO’s sulphur cap compliance Amid the International Maritime Organization's move to...

Singapore Bunker Sales Figure Down 5.2% on Year Last Month

Singapore’s Recorded bunker sales for September 2018 drops by 5.2% against same period last year record. Sales better by 3.8% from 3.96 million...

First-of-kind Containment Vessel Taking Shape

Construction of an ABS-classed LNG carrier with 45,000 cubic meters of storage capacity for Saga LNG Shipping Pte. Ltd. was commemorated on 11 September...

[Watch] Great White Shark Bites ANOTHER Shark as it Misses Bait

 A DRAMATIC viral video has captured the moment a great white shark attacks a smaller shark as the pair fight over food in the...

Wärtsilä’s 31DF Engine to Power a Polar Ice-class Cruise Ship

Wärtsilä LNG solutions featured on an environmentally advanced cruise ship which makes it much more efficient with minimal emissions. Pioneering Luxury Cruise Vessel The technology group...

Pacific Basin Rides Dry Bulk Recovery, Foresees Better Days Ahead

The Handysize and Supramax freight market indices in the year to date have followed a similar seasonal pattern as in recent years, although at...

Prosafe Wins £14 Million Clair Ridge Contract for BP

BP has awarded Prosafe a £14.3million contract to charter the Safe Zephyrus accommodation vessel at the Clair Ridge platform, saya a press release of...

Bumi Armada Sends VLCC for Conversion

Malaysian FPSO specialist Bumi Armada has reportedly acquired a Very Large Crude Carrier from Ship Finance International says a news report. Buyer disclosed The sale of...

Spot Market for Nordic Tankers Trebled

In a major development, Nordic American Tankers Limited New suezmax vessel was delivered to NAT today - impacting earnings and dividend capacity positively. Spot Market...

Bunker Surcharge Alert! OOCL Plan on Floating Bunker Formula

Over the years, the industry has seen an increasing amount of attention given to the environmental impact from the global supply chain, resulting in...