Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices, reports the Business Standard. Crude oil cuts When Saudi Arabia announced a crude oil production cut on January 5, it took the world of petroleum by surprise and created a deg....
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Published 4y-10mo-2w-4d-14h-48m ago
On Jan 27, HMM announced that it will deploy its first extra loader on the Korea Europe route on Jan 31 to help Korean companies ship their export products on schedule, says an article published in Business Korea. Extra Loader Deployments The shipping company has recently deployed its 9th extra load....
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Published 4y-10mo-2w-4d-17h-11m ago
Recently Platts spoke with Stuart McCall from Methanex about the prospect of methanol as a bunker fuel. Today we are going to take a look at that interview. Methanol Hurdle Methanol offers significant greenhouse gas savings as a bunker fuel but demand for its use in other sectors along with limits o....
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Published 4y-10mo-2w-4d-21h-52m ago
BIMCO has published a new standard time charter party for accommodation support vessels ASVTIME , reads the club amp 8217 s press release. Contract to meet oil and gas sector needs As highlighted in the club’s previous news item, ASVTIME aims to provide a suitable contracting framework for those....
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Published 4y-10mo-2w-4d-23h-57m ago
An Arctic cargo ship, Sparta III, violated safety rules and sailed into unsafe ice conditions. It took nearly four weeks, several icebreakers and rescue ships to escort it to safety, reports High North News. Today we are chronicling that dreadful incident to understand how unsafe ice conditions harm....
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Published 4y-10mo-2w-5d-2h-40m ago
Confined space entry is a matter of great discussion in the maritime industry as a number of lives are lost in these restricted areas. Marine Insight, in effort to provide guidance has published a pocket guide to Safe Confined Space Entry Onboard Ships. Here’s an excerpt from that guide. Enclosed ....
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Published 4y-10mo-2w-5d-3h-25m ago
amp 160 Unless you’re involved with international commerce in some way, you might not have heard that the cost of shipping goods out of China is absolutely soaring right now, says an article published in Bloomberg. What Happened Six months ago, the Shanghai Containerized Freight Index of spot ....
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Published 4y-10mo-2w-5d-3h-34m ago
The Isle of Man Ship Registry has officially launched its “Crew Matters” welfare app developed with training company Tapiit Live, says an article published in Seatrade Maritime News. Spotlight to Seafarers With the crew change crisis that left up to 400,000 seafarers stranded on vessels beyond t....
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Published 4y-10mo-2w-5d-5h-33m ago
Classification society ABS has granted approval in principle AIP to solid oxide fuel cell SOFC technology developed by South Korean shipbuilder Daewoo Shipbuilding amp 38 Marine Engineering DSME , reports Offshore Energy. Joint projects between ABS and DSME The granting of the AiP follows tw....
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Published 4y-10mo-2w-5d-12h-37m ago
A joint study is underway in Singapore to explore the potential for ammonia to be used as a marine fuel. ABS, Singapore’s NTU, and the ASTI are collaborating on a study on using ammonia as marine fuels in the port of Singapore. ABS, Nanyang Technological University NTU , Singapore, and the Ammoni....
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Published 4y-10mo-2w-5d-13h-11m ago
The International Chamber of Shipping ICS has published the latest Flag State Performance Table 2020/2021 which finds that many of the largest flag states – including the Marshall Islands, Hong Kong China , Singapore as well as the Bahamas and Cyprus– continue to perform to an exceptionally....
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Published 4y-10mo-2w-5d-13h-45m ago
Witherbys, the maritime publishing experts, has put cyber security, flexible access and increased data at the heart of its new ereader software, Witherby Connect. It allows seafarers to access the latest information and guidance instantly and easily. The software enables mariners to continue to refe....
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Published 4y-10mo-2w-5d-14h-29m ago
Four foreign flagged ships were detained in the United Kingdom in December for failing Port State Control inspections, according to the Maritime Coastguard Agency, says an article published in ship amp 38 bunker. What Happened Among a slew of defects found on the Ayress, ballast, fuel and other....
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Published 4y-10mo-2w-5d-22h-37m ago
According to an article published in Yara Marine, the company started the Yara Marine X program in September last year and after months of search, they finally found a winner amongst the many applicants. CEO amp 8217 s Points “Phoenician Energy’s use of aluminum air battery technology for the m....
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Published 4y-10mo-2w-5d-23h-6m ago
Traders swung back towards cautious optimism with regards to the impending U.S. economic stimulus package and supply concerns. It caused oil prices to rise about 1 percent amp 8211 however, the perpetual worry over government mandated lockdowns to combat rising Covid infections limited the ga....
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Published 4y-10mo-2w-6d-5h-22m ago
The Singapore Shipping Association SSA clarifies doubts raised by bunker suppliers amp 38 surveyors regarding the latest Covid 19 measures introduced at Singapore port. The SSA says that several industry players believe the latest changes could adversely affect waterfront operations. Caroline Y....
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Published 4y-10mo-2w-6d-5h-48m ago
Christian Ingvorsen is an oil expert and marine engineer in DESMI oil spill response. He gives a big picture view on oil spills and their impact on how governments and the private sector have learned to respond to them over five decades. Let us see the drastic improvements of oil spill response over....
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Published 4y-10mo-2w-6d-6h-13m ago
Japan amp 8217 s 2021 crude oil imports seen falling 5 10%. US President Joe Biden amp 8217 s next steps on Iran, Venezuela sanctions in focus. JKM closes below $9/MMbtu as LNG cargo shortage eases. China amp 8217 s domestic thermal coal prices set to ease as demand slows. A recent news article p....
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Published 4y-10mo-2w-6d-7h-27m ago
Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Ikea’s Singapore operations called it a “global transport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese....
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Published 4y-10mo-2w-6d-7h-42m ago
A new time charter sanctions clause specifically designed for the container shipping sector has been published as a press release by BIMCO in their website. Clause Details The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative to create a library of sancti....
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Published 4y-10mo-2w-6d-15h-57m ago
Chemicals company BASF has commissioned Stolt Tankers to help design and build a new tanker that can operate at extreme low water levels in the river Rhine, reads the company news release. The ship will be built by Mercurius Shipping Group and after scheduled delivery in 2022, Stolt Tankers will ope....
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Published 4y-10mo-2w-6d-17h-49m ago
Winter temperatures in North Asia fell to their lowest in decades in early January, sending fuel demand for heating and power generation through the roof, reports Platts. Fuel supplies in high demand A Platts infographics shows that the shortages sent countries scrambling to shore up supplies. Utili....
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Published 4y-10mo-2w-6d-18h-26m ago
According to an India Seatrade News article India amp 8217 s scope at Seatrade is ever increasing because of its geographical advantage of lying close to the sea but the competition from other Seatrade hubs dampens its spirits. However, that is altering with time. Let amp 8217 s check out how. Ind....
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Published 4y-10mo-2w-6d-22h-10m ago
The Panama Canal has signed memorandums of Understanding with Panama Ports Company PPC and PSA Panama International Terminal PSA Panama to help optimize supply routes for the distribution of the COVID 19 vaccine and supplies to Latin America, says an article published on PanCanal. About the Agre....
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Published 4y-10mo-2w-6d-23h-8m ago
The Baltic Briefing has issued the tanker report for the 3rd week of this year. The report dated 22nd January 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC The market weakened even further this week with rates dropping and the....
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Published 4y-10mo-3w-1h-41m ago
Refiners using offsets from renewable fuels. The switch to renewables using carbon capture programs comes from companies like Valero, ExxonMobil, Chevron Emissions per barrel of crude processed to drop further Increased use of solar, wind and cogeneration power Now refiners are making the big switch....
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Published 4y-10mo-3w-2h-46m ago
The seaports are important avenues when it comes to cyber security risks and the last year targeting of IMO and several other shipping companies websites underline how crucial the upcoming IMO cyber guidelines. Keeping that in mind, the Maritime Executive has analysed the new guidelines and what it ....
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Published 4y-10mo-3w-3h-2m ago
The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification Unit FSRU vessels. The agreement covers a total of 16 ship installations....
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Published 4y-10mo-3w-3h-40m ago
The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification Unit FSRU vessels. The agreement covers a total of 16 ship installations....
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Published 4y-10mo-3w-3h-40m ago
DNV GL has awarded an Approval in Principle AIP to Korea Shipbuilding and Offshore Engineering KSOE for a wing sail auxiliary propulsion system for ships – the result of a joint research project between KSOE and SK Shipping, says an article published in Marine Insight. Virtual Award Ceremony T....
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Published 4y-10mo-3w-4h-7m ago
Dallas based Energy Transfer LP announced the first Very Large Ethane Carrier VLEC , has been loaded under its previously announced joint venture with Satellite Petrochemical USA Corp., says an article published in Marine Insight. Maiden Voyage The Seri Everest, the world’s largest VLEC, departed....
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Published 4y-10mo-3w-4h-42m ago
The Baltic Briefing has released a report about the dry bulk market for the 3rd week of shipping activities of this year. The report dated 22nd January highlights the dry bulk market conditions at the on sight of the 3rd week. Capesize The Capesize market rocked and rolled these past few days. But ....
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Published 4y-10mo-3w-5h-26m ago
Corpus December exports at 1.9 million b/d. Corpus export activity around 4.41 million b/d end 2020. Houston exported 685,250 b/d in December. The Port of Corpus Christi ended 2020 with record tonnage, mainly due to a 65% increase in crude oil shipments from the previous year, reports Platts. New qu....
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Published 4y-10mo-3w-13h-29m ago
In response to the IMO amp 8217 s cyber security requirements, the International Maritime Security Associates IMSA has developed a suite of cyber security tools and services for the maritime industry, reports Superyacht News. Remote assessment tool The company has recently launched the capability....
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Published 4y-10mo-3w-14h-42m ago
MSC has been awarded the Maritime Sustainability Passport certificate and seal by the North American Marine Environment Protection Association NAMEPA , recognising the company’s responsible business operations and approach to sustainability, the company said in its release. Maritime Sustainabilit....
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Published 4y-10mo-3w-15h-17m ago
Transport Malta amp 8217 s MSIU issued an investigation report on two man overboard from the bulk carrier MV Stara Planina, in January 2020. The two crew members were lost overboard when unexpected waves washed over the poop deck, as they were not secured to the vessel. The incident On 02 January 2....
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Published 4y-10mo-3w-15h-36m ago
Technology group Wärtsilä has signed a framework agreement with Carnival Corporation, the global cruise ship operator, covering the supply and installation of Wärtsilä’s advanced wastewater and dry waste treatment systems for up to 32 vessels across many of its operating brands, says an articl....
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Published 4y-10mo-3w-22h-23m ago
A new research effort, which is focusing on combining emerging technologies to promote low carbon shipping, will test its technologies on in service vessels, reports The Marine Executive. The CHEK project The project, which is named CHEK deCarbonizing sHipping by Enabling Key technology symbiosis....
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Published 4y-10mo-3w-1d-1h-51m ago
The World Bunker Index MABUX displayed irregular fluctuations over a week due to COVID 19 pandemic’s spread related worries. Border closures amp 38 shutdowns continue to constrain fuel demand. 380 HSFO index fell from 367.25 USD/MT to 365.95 USD/ MT 1.30 USD , VLSFO added 1.00 USD: from 461....
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Published 4y-10mo-3w-1d-3h-22m ago
Havyard Group ASA along with a European player partners in order to develop hydrogen zero emission vessels, says a press release published on their website. Climate goal target Europe is devoting extensive resources to achieving the climate goals, and the maritime industry is part of the solution. H....
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Published 4y-10mo-3w-1d-4h-32m ago
An electrical shock is the worst of all kinds of accidents on board ships. Author Anish lists out precautionary steps to minimize such on board risks for an article published in MarineInsight. Reason for an electrical shock Electrical wires and connections are present everywhere on ships and it is i....
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Published 4y-10mo-3w-1d-4h-58m ago
The founder of start up Houseof.com, which imports lighting from China, says the rise in shipping costs means she amp 8217 s making a loss on what she sells. The six fold increase in shipping costs is hard to take, especially when getting hold of a container amp 8220 is like gold dust amp 8221 .....
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Published 4y-10mo-3w-1d-8h-7m ago
According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for a future that is still shrouded in fog. First Event At an ICS webinar, Graham Westgarth t....
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Published 4y-10mo-3w-1d-15h-41m ago
According to an article published in Shipping Insight, two separate and unconnected events took place might have a disconcerting message for ship operators who may have far more on their mind than preparing for a future that is still shrouded in fog. First Event At an ICS webinar, Graham Westgarth t....
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Published 4y-10mo-3w-1d-15h-41m ago
A new configuration of DESMI Ocean Guard’s CompactClean BWMS has been approved by both the US Coast Guard and the Danish Maritime Authority. CompactClean Bulker is designed for higher flow rates during deballasting, solving one of the main operational issues faced by bulk carriers. DESMI Ocean Gua....
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Published 4y-10mo-3w-1d-18h-16m ago
TFG Marine Pte Ltd will start bunkering operations at the Falmouth Anchorage, off the South West Coast of the United Kingdom. TFG Marine will provide bunker operations from this month with two SIRE inspected barges and plans to add further barges to this operation over time. The agreement will allow....
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Published 4y-10mo-3w-1d-18h-58m ago
The Maersk Mc Kinney Møller Center for Zero Carbon Shipping has posted a job advertisement for a chief economist in Copenhagen, reports Ship amp 38 Bunker. Shipping decarbonization The Maersk Mc Kinney Møller Center is a non profit independent research centre, working across the whole of shippi....
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Published 4y-10mo-3w-1d-19h-15m ago
The amp 8220 International Maritime Organization IMO 2020 and its impact on Oil and Gas Industry amp 8211 Thematic Research amp 8221 report has been added to Research And Markets website offering, says an article published in finance. IMO 2020 The International Maritime Organization IMO i....
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Published 4y-10mo-3w-1d-19h-31m ago
OOCL enjoys rich profits following a demand spike despite pandemic. OOCL’s liftings improved by an above market 7.3% on 2019 with revenue gaining 18.9% on the year. Tradelanes also record substantial gains and no end in sight to the bull run of container lines. A strong Q4 2020 operational update ....
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Published 4y-10mo-3w-1d-19h-36m ago
Forbidden fruit! Police seize nearly a TON of cocaine with £76million street value hidden in shipment of bananas at Southampton port, reports Daily Mail. Seized Drugs Cocaine with a street value of £76 million has been seized after being found in a shipment of bananas at Southampton. The class A d....
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Published 4y-10mo-3w-3d-3h-8m ago
amp 160 As expected, Wednesday amp 8217 s inauguration of Joe Biden as president of the U.S. had a beneficial effect on oil but the gains were minimal, says an article published in ship amp 38 bunker. Experts Comments John Kilduff Still, the analytical community was buoyant over the change i....
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Published 4y-10mo-3w-3d-3h-19m ago
Maritime body MUI demands announcement of a support fund for seafarers in the forthcoming Budget. Maritime Union of India MUI is the country amp 8221 s oldest union of merchant navy officers. It has urged the government to allocate substantial corpus towards creation of a amp 8216 seafarers sup....
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Published 4y-10mo-3w-3d-7h-19m ago
Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight. Sailings Suspensions As the Royal Caribbean Group work closely with the U.S. Centers for Disease Control and Prevention and....
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Published 4y-10mo-3w-3d-18h-55m ago
Royal Caribbean Group continues to focus on the healthy and safe return to cruising for guests, crew, and the communities we visit, says an article published in Marine Insight. Sailings Suspensions As the Royal Caribbean Group work closely with the U.S. Centers for Disease Control and Prevention and....
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Published 4y-10mo-3w-3d-18h-55m ago
Dutch ship designer and builder Holland Shipyards Group has secured a contract to build three additional hybrid ferries for towing and ferry company Schlepp und Fährgesellschaft Kiel SFK , reads the company news release. Hybrid drivetrain system The contract follows the delivery of hybrid ferry G....
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Published 4y-10mo-3w-3d-22h-2m ago
A targeted dry bulk shipping exchange traded fund has rallied in the new year, breaking from traditionally weak seasonal trends. Among the best performing non leveraged ETFs of Friday, the Breakwave Dry Bulk Shipping ETF NYSEArca: BDRY jumped 6.9%. BDRY has already surged 36.0% so far in 2021. A....
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Published 4y-10mo-3w-3d-22h-26m ago
China’s Ministry for Commerce is again looking to step in to stabilise the container shipping market. Media speculation indicates that shipping lines could be called to a series of meetings to discuss the container shortage and high rates. Ministry is in talks with the ministry of transport and ot....
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Published 4y-10mo-3w-4d-2h-50m ago
The UK travel company Saga Cruises has become the first cruise line to announce that it is requiring all passengers to be vaccinated for COVID 19 to sail on its cruise ships, says an article published in The maritime executive. Saga’s announcement While there have been rumors that the cruise indus....
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Published 4y-10mo-3w-4d-3h-31m ago
A recent article published on BIMCO website says transparency and dialogue between owners amp 38 charterers is the key to crew change challenge. Freedom of contract Shipping is essentially a marriage between the commercial interests of charterers who hire ships to transport cargoes, and shipowner....
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Published 4y-10mo-3w-4d-3h-59m ago
Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to analysts Ocean Insights, reports Seatrade Maritime News. Rollover rates Average rollover rates at....
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Published 4y-10mo-3w-4d-4h-33m ago
Since the start of the pandemic, crew wellness has topped the industry agenda with international shipping bodies, unions and associations vowing for a fairer treatment of seafarers, reports Safety4Sea. What actions has the industry taken to resolve this humanitarian crisis While crews remain trappe....
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Published 4y-10mo-3w-4d-4h-53m ago
amp 160 U.S. crude oil exports have maintained high levels despite reductions in domestic supply and international demand for crude. Kpler points out that amp 8216 2020 US shale grades departures increased 11.9% compared to a year ago in spite of decreased global demand. amp 8217 Barring unf....
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Published 4y-10mo-3w-4d-6h-17m ago
Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels effectively subsidize cargo deliveries on the industry’s main trade route. Supertankers delivering 2 million barrel shipments of the kingdom’s oil to China are losing $736 a day for the pri....
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Published 4y-10mo-3w-4d-6h-40m ago
A wind energy project for ships has taken a step forward as the technology is to be installed on a Kamsarmax dry bulk carrier, reports Ship amp 38 Bunker. Rigid wind sails Commodities trader Cargill formed a partnership with Bar Technologies and Deltamarin to develop the rigid wind sails that are....
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Published 4y-10mo-3w-4d-12h-50m ago
Safety4sea reports about a series of infographics highlighting the safety risks onboard RO RO vessels amp 38 PCTC carriers. The infographics were first published by Steamship Mutual Club. Proper access of RO RO spaces In the infographic, the club focuses on how to properly access RO RO spaces and....
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Published 4y-10mo-3w-4d-13h-17m ago
The Maritime and Port Authority of Singapore MPA Singapore issued an update concerning the requirements on crew change for cargo ships in the port of Singapore. Crew change requirements MPA Singapore will keep in mind the following: crew whose employment contract has expired additional crew on bo....
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Published 4y-10mo-3w-4d-13h-37m ago
Mediterranean Shipping Company MSC has joined the Hydrogen Council, a global industry body, as a steering member to foster cross sector collaboration that will accelerate R amp 38 D related to clean hydrogen derived fuels and solutions, says an article published in Logistics Update Africa. The In....
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Published 4y-10mo-3w-4d-15h-57m ago
BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue. This counter seasonal upswing stands in contrast to the de....
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Published 4y-10mo-3w-4d-16h-11m ago
The maritime industry has taken a further step into online and blended training with the appointment of Andrea Lodolo as the new CEO of Seably – the marketplace for maritime training, reports the Maritime Executive. The online platform has already reached more than 20,000 maritime professionals. A....
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Published 4y-10mo-3w-5d-1h-36m ago
According to a World Maritime University report focusing on the experiences of seafarers during the COVID 19 pandemic, addressing the challenges they face and identifying factors that may mitigate the negative impact of the pandemic is crucial as there are severe shortfalls and challenges to seafare....
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Published 4y-10mo-3w-5d-1h-41m ago
Abandonment of seafarers is on the rise this year, exacerbated by the pandemic, with reported cases at a record high of more than double the 2019 levels, reports the Lloyd amp 8217 s List Highest Abandonment This year, 76 cases have been recorded, involving more than 1,000 seafarers, data shows. ....
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Published 4y-10mo-3w-5d-2h-20m ago
The Organization for Economic Cooperation and Development recently released a blueprint for an internationally coordinated minimum tax for multinational enterprises. It aims at reaching a global agreement on this in 2021. It is not certain that any agreement would cover global shipping. The plan wou....
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Published 4y-10mo-3w-5d-2h-31m ago
The absence of open containerships on the charter market has resulted in carriers being forced to conclude fixtures months into the future, says an article published in The loadstar. Long bull run for the liner industry Moreover, the duration of time charters has lengthened considerably, it is becom....
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Published 4y-10mo-3w-5d-2h-34m ago
According to a W K Webster and Co Ltd post, a mega containership lost up to 750 containers in the Pacific Ocean. What happened It has been reported that a containership lost a very significant number of containers overboard in the Pacific Ocean on 16 January 2021. The incident occurred on passage....
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Published 4y-10mo-3w-5d-4h ago
An ABS classed Suezmax tanker ordered by Avin International LTD, the first vessel of a potential order of three vessels, is to be the first ammonia fuel ready vessel in the world, says an article published in Seanews. The Vessel The landmark 274 meter long vessel, hull number 0315852, is now under c....
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Published 4y-10mo-3w-5d-9h-46m ago
An article in Safety4sea explains the importance of bulbous bows in ships. What is a bulbous bow The metal in front of the ship is called the bulbous bow. The name origin is simple, as this structure generally resembles the shape of the bulb, and is always placed at the bow of the ship. Hence, bul....
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Published 4y-10mo-3w-5d-13h-48m ago
Container freight demand to escalate throughout the Lunar New Year. A delay in the return of containers to dockside in the US and Europe in Q2 2020 led to equipment shortages. The global economy is expected to recover amid the COVID vaccine administration. Demand for container freight looks set to r....
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Published 4y-10mo-3w-5d-14h-32m ago
According to an article published in Sea4sea, the following several months of restricted crew mobility which has left thousands of seafarers stranded onboard ships beyond contract limits, the crew change issue is now becoming more complicated with much of the world locking down again in light of the....
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Published 4y-10mo-3w-5d-18h-10m ago
Crew changes are once more becoming difficult as much of the world locks down again following the emergence of several new and more transmissible variants of Covid 19, reports Safety4sea. Crew Transitions With travel corridors being closed and new travel restrictions imposed, airlines are once again....
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Published 4y-10mo-3w-5d-18h-10m ago
China amp 8217 s 2020 new shipbuilding orders exceeded those of South Korea and returned the country to the No.1 spot after two years, CCTV reported on Sunday, says an article published on Global Times. Data From MIIT According to data released by the Ministry of Industry and Information Technology....
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Published 4y-10mo-3w-6d-1h-29m ago
According to a LoadStar report written by Mike Wackett, there are signs that spot rates from Asia to Europe might be beginning to cool at last. Today’s Shanghai Containerized Freight Index SCFI comprehensive index inched up just half a percentage point this week to 2,885, which is 190% higher th....
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Published 4y-10mo-3w-6d-2h-55m ago
Last year amp 8217 s fall for Panama bunker volumes was the sharpest in at least a decade. A sharp decline at the end of the year took Panama amp 8216 s 2020 bunker volumes to the biggest annual drop on record. Total volumes for December saw a 19.8% decline from the same month a year earlie....
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Published 4y-10mo-3w-6d-3h-5m ago
The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number of attacks on vessels globally jumped 20% last year to 195, with 135 crew kidnapped, the International Maritime Bureau’s Pira....
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Published 4y-10mo-3w-6d-3h-13m ago
Despite a massive drop in premium earnings for ships fitted with scrubbers during 2020, the scope for scrubber cancellations has been limited. This can be attributed to contractual obligations with shipyards and scrubber manufacturers, Gibson Shipbrokers said in its latest weekly report. This might ....
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Published 4y-10mo-3w-6d-3h-27m ago
Reducing methane emissions from oil and gas operations is among the most cost effective and impactful actions that governments can take to achieve global climate goals, said the International Energy Agency IEA in a new report, says an article published on Safety4Sea. Methane Although methane has a....
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Published 4y-10mo-3w-6d-4h-13m ago
Dutch scrubber manufacturer Value Maritime intends to accelerate the installation of clean exhaust filters on ships. It has teamed with Yard Energy, a private investor in onshore wind and clean energy projects. Yard Energy will assist Value Maritime in speeding up growth, with capital and specialist....
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Published 4y-10mo-3w-6d-4h-14m ago
The Greek government is prompting a new package of measures to stop amp 8216 leakage amp 8217 of ships and tonnage and to strengthen the competitiveness of the Greek seafarers, reports Safety4Sea. Steps to modernise institutional framework According to the Greek Shipping Ministry, the governme....
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Published 4y-10mo-3w-6d-4h-55m ago
Royal Dutch Shell joined forces with the International Transport Forum’s ITF Corporate Partnership Board to work on sustainability, decarbonization, innovative mobility and workforce diversity within the shipping industry, says an article published in Sea4sea. Working towards Greener Industry Ac....
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Published 4y-10mo-3w-6d-17h-23m ago
Royal Dutch Shell joined forces with the International Transport Forum’s ITF Corporate Partnership Board to work on sustainability, decarbonization, innovative mobility and workforce diversity within the shipping industry, says an article published in Sea4sea. Working towards Greener Industry Ac....
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Published 4y-10mo-3w-6d-17h-23m ago
A group of 85 institutional investors representing over $2 trillion in assets, joined forces calling on the United Nations to take further action to address the ongoing humanitarian crisis for seafarers brought on by the global restrictions enacted to control the coronavirus, reports the Maritime Ex....
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Published 4y-10mo-3w-6d-17h-48m ago
In the latest version of safety events, IMCA has described a case where a crewmember broke his finger during ROV maintenance. The incident A worker broke his finger whilst working on an ROV. The incident occurred during ROV maintenance when he was single handedly removing a bumper bar located above ....
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Published 4y-10mo-3w-6d-18h-49m ago
Chevron Marine Lubricants, in their press release, sum up how they helped their customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low sulphur fuels. Scuffing due to fuel switch Some ship owners using very low sulphur fuel oil VLSFO have....
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Published 4y-10mo-3w-6d-19h-10m ago
Marine fuel traders in the Middle East amp 8217 s main bunkering centre — Fujairah in the UAE — are uncertain about a demand boost. This mainly due to the UAE amp 8217 s decision last week to open sea, land and air borders with Qatar. Vessels of state owned Qatargas were major buyers of bunker....
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Published 4y-10mo-3w-6d-19h-53m ago
Total bunker sales in Singapore for 2020 rose 5% year on year to 49.83 million mt. 13 by Singapore amp 8217 s Maritime and Port Authority showed. This represents the second highest volume of sales that the world amp 8217 s largest bunkering destination has notched up since 2017, when sales posted ....
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Published 4y-10mo-3w-6d-20h-11m ago
Proper ventilation is essential to preventing damage to the cargo and to ensure the safety of the crew and vessel in bulk carriers. To provide ship’s masters and crew with an understanding of different ventilation requirements for bulk cargoes, INTERCARGO, The Standard Club and DNV GL, the world....
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Published 4y-10mo-3w-6d-22h ago
Regulators should adopt common format for eBOLs, says an article published on Freight Waves. The Digital Container Shipping Association The Digital Container Shipping Association DCSA , a nonprofit formed in 2019, has been at the forefront of helping the ocean vessel sector pivot from paper to digi....
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Published 4y-10mo-3w-6d-22h ago
According to a recent Reuters report, China and Hong Kong shares climbed on Monday, as investors cheered better than expected gross domestic product data GDP pointing to a solid recovery in the world’s second largest economy. The CSI300 index rose 0.8% to 5,504.17 by the end of the morning sessi....
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Published 4y-10mo-4w-2h-30m ago
2020 has put maritime organisations in the firing line for cyber attacks, and they can no longer afford to bury their head in the sand and to counter this Lloyd amp 8217 s Register spoke to Nettitude’s Tim Percival who discusses what actions needs to be taken to stay ahead of this rising tide in ....
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Published 4y-10mo-4w-2h-57m ago
Joining global shipping giants like NYK and CMA CGM, number two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering member, vowing to accelerate R amp 38 D on clean hydrogen derived fuels, says an article published in The maritime executive. Other big names that are....
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Published 4y-10mo-4w-3h-38m ago
According to Turkish authorities, a cargo ship sank off Turkey amp 8217 s Black Sea coast leaving at least 3 people dead, reports ABCNews. What happened A cargo ship sank off Turkey amp 8217 s Black Sea coast on Sunday, leaving at least three people dead and six others were rescued. The transport....
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Published 4y-10mo-4w-4h-47m ago
As piracy remains a hot topic of discussion and a challenging issue for the shipping industry, ReCAAP ISC launches its annual report for 2020. It reports 97 incidents in Asia, which reveals a 17% increase year on year. According to the report, there was an increase of piracy incidents the year that ....
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Published 4y-10mo-4w-4h-50m ago
A need to draw a distinction in the IMSBC Code between bauxite cargoes that liquefy, those that do not, led to the development of a new cargo schedule for bauxite fines in the Code. January 2015, the vessel BULK JUPITER, carrying bauxite, sank off Vietnam taking the lives of 18 seafarers. At that ti....
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Published 4y-10mo-4w-7h-2m ago
The leading international catering manager and training provider MCTC suggests that, effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published in Ship Insight. Quality Training The company which offers c....
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Published 4y-10mo-4w-16h-49m ago
The leading international catering manager and training provider MCTC suggests that, Effective training programmes are the key to help ship operators and owners to generate cost efficiencies within their business, says an article published in Ship Insight. Quality Training The company which offers c....
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Published 4y-10mo-4w-16h-49m ago
The new M 10 Marine Highway Jones Act service gives the South Florida market ready shipping access to Puerto Rico. The new service avoids trunk road shipments over Jaxport, and offers an alternative to trucking between South Florida and Houston. Port Everglades has welcomed the first cargo ship to....
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Published 4y-10mo-4w-20h-6m ago
INTERTANKO has recently updated its recommendatory guidance, Crew Welfare Management and Mental Wellness, reports the American Club. Guidance to deal with stress The updated guidance includes advice on helping seafarers to deal with emotional stress and overcome negative feelings. Additional guidanc....
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Published 4y-10mo-4w-20h-37m ago
The Port of Singapore has performed well despite the challenges posed by the global coronavirus pandemic, and is on track to achieve its targets around maritime decarbonization while also promoting digitalization and enhancing inter modal connectivity, Chee Hong Tat, Senior Minister of State, Mini....
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Published 4y-10mo-4w-1d-8m ago
Leading Classification Society ClassNK certified “Kawasaki Integrated Maritime Solutions”. It is jointly developed by Kawasaki Kisen Kaisha, Ltd. “K” LINE and Kawasaki Heavy Industries Group. Also its first Innovation Endorsement*1 for Products amp 38 Solutions, the Society’s new cert....
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Published 4y-10mo-4w-1d-20m ago
US based ocean science nonprofit Global Oceans, has acquired, via a donation from Oceaneering, three deep sea exploration vehicles rated to 6000 meters of operational depth, reports Offshore Engineer. About the donation The donation includes the Magellan 725 ROV, the Ocean Discovery ROV, and the O....
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Published 4y-10mo-4w-1d-2h-11m ago
According to a LoadStar article by Mike Wackett, carriers are imposing booking stops around Europe, as well as tightening the time allowed to pick up equipment prior to vessel departure dates. The moves come as exporters from North Europe to Asia continue to struggle to secure equipment and vessel s....
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Published 4y-10mo-4w-1d-2h-52m ago
Demand for ocean shipping services is likely to remain unusually high. Supply will remain tight for some time as shippers and carriers adapt to shifts in supply chains driven by the coronavirus pandemic. Manufacturers have boosted output as their customers in the rest of the world rebuild inventorie....
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Published 4y-10mo-4w-1d-3h-3m ago
According to a LoadStar article written by Mike Wackett, major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe. And several carriers are reported to have opened first and second round tenders with the highest bidders for guaranteed ship....
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Published 4y-10mo-4w-1d-3h-24m ago
Scorpio Tankers Inc. announced today that it has received a commitment to sell and leaseback three MR product tankers. The three tankers are STI Memphis, STI Soho, and STI Osceola and one LR2 product tanker STI Lombard to AVIC International Leasing Co., Ltd. Upon completion. The Company’s li....
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Published 4y-10mo-4w-1d-3h-49m ago
A.P. Moller Maersk, an integrated container logistics company and The Ocean Cleanup comes into a new 3 year partnership as extending their relationship, says a press release published on their website. Extended Support Besides Maersk Supply Service support with vessel operations and offshore projec....
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Published 4y-10mo-4w-1d-5h-41m ago
The Congestion delaying LNG shipments through Panama Canal is expected to last through the peak demand winter months, although the canal’s regulator said that the traders close to the situation had made changes to speed up transit, reports Reuters. High price rates The price of liquefied natural g....
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Published 4y-10mo-4w-1d-6h-23m ago
Singapore amp 8217 s residual fuel oil inventories slipped 0.1 per cent in the week to June 24, inching away from a more than three year high hit the week before. Singapore’s residual fuel oil inventories fell 1% in the week ended Jan. 13, reflecting a slight decrease in net import volumes and st....
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Published 4y-10mo-4w-1d-14h-57m ago
A new Global Maritime Forum task force to tackle the ongoing crewing crisis has secured Euronav as a signatory, reports Lloyd amp 8217 s List. Neptune Declaration on Seafarer Wellbeing and Crew Change Euronav has become a signatory to the Neptune Declaration on Seafarer Wellbeing and Crew Change, w....
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Published 4y-10mo-4w-1d-15h-58m ago
Global energy major Shell has been named as Singapore amp 8217 s top bunker supplier by volume in 2020. The demise of Hin Leong subsidiary Ocean Bunkering Services appearing to benefit a number of the largest global oil firms. Shell’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, becam....
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Published 4y-10mo-4w-1d-16h-14m ago
Maersk has denied that a communication failure today was a new cyber attack. The employees are experiencing issues with logging on to the central IT network and the service centers. The provider believes they have identified and fixed the issue and, currently recovering globally. Maersk has denied t....
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Published 4y-10mo-4w-1d-16h-32m ago
Live Piracy amp 38 Armed Robbery Report 2021 published on icc ccs website. Pointe Noire North Anchorage, The Congo Date and time Incident Received by PRC : 2021 01 04 Attack Number: 001 21 Type of Attack : Boarded Type of Vessel : Container Attack Posn Map : Location detail: Pointe Noire North An....
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Published 4y-11mo-3h-40m ago
According to Clasrksons, scrapping activity to be driven this year by the accelerating ‘green transition’, says an article published in Splash 247. Jumping prices A busy start to the year, led principally by eager Bangladeshi yards, has seen prices jump above $450 per ldt with many owners now ac....
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Published 4y-11mo-4h-6m ago
It took a year to plan, but the salvage efforts started in earnest in November 2020. The first massive chunk was cut off of the ship and schlepped to shore, but it took until January 2 to get the stern separated and removed as operations continue. The crew is preparing to slice the next section am....
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Published 4y-11mo-16h-26m ago
In the last 50 days, three luxury liners have queued up at Alang to be broken, reports The Indian Express. Alang Shipbreaking Yard The Alang Shipbreaking Yard in Bhavnagar district of Gujarat is often seen a mirror of the global economy. When the economy is robust and ships sail, the yard sees a slu....
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Published 4y-11mo-21h-45m ago
Kroll Bond Rating Agency KBRA continues to engage with its rated issuers in the shipping space as the industry rides the waves of COVID 19, reports Business Wire. Growth in demand Despite the impact of the pandemic on the general economy, KBRA notes a favorable trend for the container shipping....
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Published 4y-11mo-22h ago
IAPH signs an agreement with the Rotterdam based Green Award Foundation to administer and expand the formula based Environmental Ship Index ESI . It allows port authorities and maritime administrations to reward vessels for improved energy efficiency and reduced emissions. The agreement is to take ....
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Published 4y-11mo-1d-2h-10m ago
Ocean Network Express ONE is pleased to announce two new direct services from North Europe to the East Med Levant and Marmara regions. The North Europe East Mediterranean Express NEX and North Europe Turkey Express NTX , is the first direct services between two regions in ONE’s network. The n....
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Published 4y-11mo-1d-2h-49m ago
According to a Reuters report, Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. More Attacks Likely in the Future The possibility of more attacks on comme....
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Published 4y-11mo-1d-2h-58m ago
Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019. It is however still higher than the 5.46b tonnes shipped in 2018. China cements its position as the dominant player in dry bulk shipping with its imports now accounting for ju....
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Published 4y-11mo-1d-3h-39m ago
With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, reports the Wall Street Journal. Demand to stay at the top Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shipp....
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Published 4y-11mo-1d-11h-56m ago
Dryad and cyber partners RedSkyAlliance monitor attempted attacks within the maritime sector, reports Safety4sea. They examine how email is used to deceive the recipient and potentially expose the target organizations. The following update regards the first week of January 2021. Users enticed using ....
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Published 4y-11mo-1d-12h-19m ago
Supply chains are getting hit again by curbs to control virus. Chinese new year holidays, strong demand adding to the crunch. Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade led recovery just as soaring freight ....
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Published 4y-11mo-1d-13h-45m ago
The SC Connector arrived at Matrans Rotterdam Terminal in Eemhaven on Tuesday, 12 January, at 7:00 am, reads a press release by Port of Rotterdam. Modern sailing ship Last year, this vessel from shipping company Sea Cargo was converted into a modern sailing ship. On behalf of Sea Cargo, it is deploy....
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Published 4y-11mo-1d-14h-24m ago
French energy company Total amp 8217 s acquisition of a major biogas producer in the country will help boost its ability to supply bio LNG as a marine fuel, reports Ship amp 38 Bunker. LNG for maritime decarbonization On Monday, Total announced the acquisition of Fonroche Biogaz, the largest pro....
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Published 4y-11mo-1d-14h-41m ago
After the rapid growth in scrubber installations in the years before 2020, the industry providing repairs to the emissions cleaning systems is starting to expand. US based Logan Industries announced this week that it would now offer scrubber overboard pipe repairs from its facility in Hempstead,....
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Published 4y-11mo-1d-22h-10m ago
A new agreement between ABB Turbocharging, HGS and Hyundai Heavy Industries’ Engine amp 38 Machinery Division HHI EMD has established a ‘total service solution’. The main purpose of this total service solution is for ABB and Hyundai customers, delivering optimal efficiency and emissions p....
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Published 4y-11mo-1d-22h-20m ago
Gard explores the modern day training regime of seafarers with Oliver Bailey, a 25 year old on his way to be a Deck Officer. Let amp 8217 s take a look at his insights of seafarers amp 8217 training. For what could be better than knowing it from a seafarer himself. The Life At Sea For the pas....
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Published 4y-11mo-2d-2h-43m ago
Shipping lines are facing increasingly angry customers as rates continue to soar and service levels plunge. Many are noting their frustrations on LinkedIn as the debate over whether carriers are profiteering rumbles on, reports the LoadStar. Is Reliability A Thing Of the Past In one typical example....
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Published 4y-11mo-2d-3h-3m ago
Scorpio Bulkers has sold an ultramax bulk carrier to an an unaffiliated third party, says a press release published on their website. The Vessel value Scorpio has sold the 2017 built ultramax SBI Libra, which has been on long term charter from Ocean Yield, to an unnamed third party with delivery sc....
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Published 4y-11mo-2d-3h-19m ago
This circular outlines the amendments to the Rules for P amp 38 I and Defence cover for ships and other floating structures “Rules for Ships” and the Rules for P amp 38 I and Defence cover for mobile offshore units “Rules for MOUs” for both Assuranceforeningen Gard – gjensidig – an....
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Published 4y-11mo-2d-3h-25m ago
Throughout history ship design has been dictated by the demands of trade and local conditions and available materials. Wood and sail have been the dominant choices through most of history until the 19th century when iron and steel replaced wood and mechanical power began to displace sail. There are ....
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Published 4y-11mo-2d-6h-15m ago
Emissions enforcement lobbying group the Trident Alliance was wound up at the end of 2020, a year after the 0.50% sulfur limit came into force. The organisation was wound up and its website shut down at the end of last year, Roger Strevens, formerly chairman of the Trident Alliance, has confirm....
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Published 4y-11mo-2d-6h-47m ago
An initiative aiming to help track and reduce shipping amp 8217 s carbon emissions is among five projects recently awarded U.K. government funding through the country amp 8217 s Space Agency, reports Marine Link. Emission audits of shipping fleets The collaboration between Redshift Associates Ltd ....
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Published 4y-11mo-2d-17h-20m ago
Insurance broker Aon has launched a new policy aimed at sectors for which fuel purchasing constitutes a significant cost, with major interest expected to come from shipping. The new policy enables to lock in an agreed price limit for bunker purchases and which will pay out on a monthly basis if th....
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Published 4y-11mo-2d-17h-40m ago
The Hapag Lloyd owned 15,000 TEU container ship, Sajir, is currently being upgraded to run on LNG liquefied natural gas instead of fuel oil. It is the first retrofit of this scale, reports Cyprus Shipping News. Singapore’s first LNG bunkering vessel According to the industry publication Ship am....
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Published 4y-11mo-2d-21h-45m ago
There are few Asian shipping companies and operators working on the Northern Sea Route compared to the number of European companies. Much more frequent voyages are also taking place between the NSR and European ports than ports in the Asian Pacific region, a new study by senior researcher Björn Gun....
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Published 4y-11mo-3d-2h-8m ago
According to a Reuters report, oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also weighed on prices. Brent fell 33 cents to settle at $55.66 a barrel, after bouncing ....
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Published 4y-11mo-3d-2h-54m ago
Q4 2020 container ship orders were the highest since Q3 2015, reports Freight Waves. A jump in newbuilding orders In virtually any ocean shipping market, a big jump in newbuilding orders is a headwind for future freight rates. More capacity spread among competing owners strengthens the negotiating h....
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Published 4y-11mo-3d-3h-29m ago
The US Coast Guard explains which are the symptoms of hypothermia, highlighting that body heat can be lost 25x faster in cold water than in air, says an article published in safety4sea. What is Hypothermia USCG explains that frost nip, frost bite, and hypothermia are medical conditions associated w....
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Published 4y-11mo-3d-3h-36m ago
Shipowners have limited options to access financing for ship repair, given the capital intensive nature of vessel repairs also represents a financial risk for shipyards. Typically, a shipowner must fund the entire capital cost of vessel repairs from its own cash resources. Although it may in excepti....
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Published 4y-11mo-3d-3h-39m ago
Bunker industry association IBIA announces its list of candidates to join its board, including two strong supporters of LNG bunkering. Both Prokopakis and Rosenkrans are prominent advocates of LNG bunkering. They could be expected to bring this growing segment of marine fuel demand closer to IBIA a....
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Published 4y-11mo-3d-4h-6m ago
Crew change in Singapore port authority implements full Personal Protective Equipment requirement, says an article published in BIMCO website. MPA PPE announcement The Singapore Maritime Port Authority announced full personal protective equipment required with immediate effect, for personnel facilit....
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Published 4y-11mo-3d-4h-15m ago
Key ports throughout the Americas saw spot retail marine fuel pricing climb during the week January 4 8, with bunkers values tracking stronger US energy futures higher, reports Platts. Latin America Latin America bunker prices are starting the week supported by an energy complex that saw ICE Brent f....
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Published 4y-11mo-3d-15h-5m ago
USGC marine fuel reached its highest level in nearly a year January 7 on a rebound in the underlying crude complex along with limited blending components, reports Platts. US marine fuels climb high USGC marine fuel 0.5%S was assessed at $401/mt, its highest since February 25 when it was assessed at ....
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Published 4y-11mo-3d-15h-35m ago
With the oil prices heading north again, ocean carriers are preparing to ramp up low sulphur fuel surcharges to add to the misery of shippers struggling with sky high freight rates, surcharges and premium fees, reports the Loadstar. Brent crude amp 38 HSFO prices take a hike The price of Brent cr....
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Published 4y-11mo-3d-16h-41m ago
Ship recycling plots in Alang beached 196 ships in calendar year 2020 for dismantling, benefiting from the green recycling policies of global ship owners for their end of life ships, reports the Hindu Business Line. In comparison, sub continent rivals Bangladesh beached 150 ships and Pakistan 95 shi....
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Published 4y-11mo-3d-22h-51m ago
COSCO SHIPPING Energy won the Excellence Award in SDG Solutions, says a press release published on their website. The excellence award COSCO SHIPPING Energy won an excellence award with the LNG dual fuel VLCC cooperation project. About amp 8220 Golden Key SDG Solutions amp 8221 The launching....
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Published 4y-11mo-4d-2h-3m ago
The Singapore Maritime Port Authority has announced a new enhanced crew change procedure to be effective from January 8 which implements sea launch transfer, says an article published by BIMCO. Singapore Shipping Association urges the industry to amp 8220 comply with COVID 19 Protocols amp 8221....
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Published 4y-11mo-4d-3h-13m ago
According to Price agency Platts, JKM LNG price has risen to record high, reports Reuters. LNG at six year high price The Japan Korea Marker JKM price for liquefied natural gas LNG assessed by S amp 38 P Global Platts has risen to a record high of $20.705 per million British thermal units mmBt....
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Published 4y-11mo-4d-3h-59m ago
According to a recent Maersk twitter post, Maersk is setting up a dedicated team to accelerate decarbonization efforts. Team for decarbonization efforts Danish shipping giant A.P. Moller Maersk announced it is setting up a dedicated team to accelerate decarbonization efforts, both of its own and of ....
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Published 4y-11mo-4d-4h-14m ago
The Baltic Briefing has released a report about the dry bulk market for the 01st week of shipping activities of this year. The report dated 08th January 2021 highlights the plight of the dry bulk market at the on sight of the 01st week. Capesize The market surprised many this week after sparking int....
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Published 4y-11mo-4d-4h-33m ago
The Britannia P amp 38 I Club analyzes a fire incident as part of its BSafe campaign. A third engineer onboard an anchored capesize bulk carrier was splashed by hot sludge while opening the manhole cover of a settling tank and subsequently died from a septic shock having sustained 2nd degree burns ....
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Published 4y-11mo-4d-13h-42m ago
Ship owners facing looming deadlines to use less polluting fuels have slashed the number of new vessels on order as they don’t know which alternative to switch to. Ammonia, hydrogen, biofuels and electrification are some of the many contenders to power the world’s future merchant fleet. But most....
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Published 4y-11mo-4d-14h-42m ago
As an early winter chill grips China, South Korea and Japan, prices for coal, liquefied natural gas LNG and power are rising due to supply crunches and a surge in demand with more cold weather expected, reports Argus Media. LNG prices hit 6 year highs Chinese benchmark coal is at the highest in ei....
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Published 4y-11mo-4d-16h-58m ago
The Schulte Group has acquired Rescompany Systems Resco , a provider of advanced hospitality software to the cruise industry, reports Riviera. MariApps Marine Solutions Resco will now partner with MariApps Marine Solutions – a Schulte Group member – to offer the cruise sector a range of maritim....
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Published 4y-11mo-4d-22h-50m ago
It’s the moment climate finance professionals live for: when an idea — an initiative — is turned into real world action by real world actors. A year after the Poseidon Principles were signed, 15 banking signatories last month disclosed their ship loan portfolios’ climate alignment scores fo....
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Published 4y-11mo-5d-20m ago
According to a Freight Waves article written by their Senior Editor Greg Miller, Analysts have warned that the tanker recovery will be a distant dream as rates are unlikely to recover before the second half of the year over crude oil production cut down “It feels a bit like someone stole our....
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Published 4y-11mo-5d-2h-28m ago
A seafarer is facing charges for violating covid rules and swimming at the port from a bulk carrier ship, reports the Daily Mail UK. What happened A Vietnamese man, 37, has been charged with breaching quarantine directions. The man was a crew member on a bulk carrier berthed at Albany Port, in WA....
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Published 4y-11mo-5d-2h-34m ago
Scorpio Bulkers Inc. has announces the sale of a Kamsarmax vessel, says a press release published in their website. Sale of vessel Scorpio Bulkers Inc. NYSE: SALT the “Company” announced that the company has entered into an agreement with an unaffiliated third party to sell the SBI Lynx, a K....
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Published 4y-11mo-5d-3h-9m ago
Avenir LNG Limited launches its third 7,500 cbm dual purpose, LNG supply and bunkering vessel, says a press release published on their website. Launch of 3rd vessel Avenir LNG Limited NOTC: AVENIR announces the launching of its third 7,500 cbm dual purpose, liquefied natural gas supply and bunke....
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Published 4y-11mo-5d-3h-22m ago
A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition. An energy market to bridge the traditional fossil fuel industry of the....
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Published 4y-11mo-5d-4h-2m ago
A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition. An energy market to bridge the traditional fossil fuel industry of the....
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Published 4y-11mo-5d-4h-2m ago
MOL has entered into an agreement with Bombora to identify Marine energy potential across Japan, says a press release published on their website. About the collaboration Internal technical review MOL has completed an internal technical review of Bombora’s mWave, which is a wave energy converter.....
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Published 4y-11mo-5d-4h-7m ago
Baltic Exchange’s main sea freight index jumped 11% on Friday as high Chinese coal demand drove up capesize rates, reports Baltic NewsDesk. Coal demand and Capesize rates The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese....
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Published 4y-11mo-5d-16h-59m ago
The Korean Register KR has awarded Approval In Principle AIP for an LNG carrier with a prismatic IMO type B tank built by Hyundai Mipo Dockyard. The ship is a small to medium sized LNG carrier with a B type cargo tank developed as a result of a technical collaboration project between KR and HMD.....
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Published 4y-11mo-5d-18h-29m ago
MISC Berhad has taken delivery of Seri Erlang, its second very large ethane carrier VLEC at the Samsung Heavy Industries SHI shipyard. Seri Erlang will join its sister vessel, Seri Everest, to transport ethane from the U.S. to China to support STL’s ethane cracker facility in China. Seri Erlan....
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Published 4y-11mo-5d-19h-3m ago
Merry Christmas! While most of us are unable to be on a Royal Caribbean cruise this year, the author wanted to share a look at some of the Christmas fun aboard the only cruise ship in the fleet sailing right now, reports Royal Caribbean Blog. Special Christmas cocktails Quantum of the Seas is sailin....
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Published 4y-11mo-1w-2h-56m ago
Did a 16th century Portuguese vessel run aground here Doubtful, but why not celebrate it anyhow The afternoon is overcast, the ocean churning, between Port Fairy and Warrnambool, on the Shipwreck Coast of Victoria, Australia. A man and woman carry shovels and a metal detector along the beach. I as....
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Published 4y-11mo-1w-3h-1m ago
Singapore Shipping Association urges the industry to comply with Covid 19 protocols, says an article published on BIMCO website. Industry under spotlight COVID 19 transmissions Crew change facilitation has come in the spotlight of the Singapore Ministry of Health, following cases of COVID 19 trans....
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Published 4y-11mo-1w-3h-25m ago
The shipping industry facilitates much of the world’s trade but also contributes significantly to global emissions. Ship Technology spoke with Daphne Technology’s CEO Mario Michan about how innovations in scrubber technologies could play a huge role in decarbonising shipping, and how future proo....
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Published 4y-11mo-1w-4h-15m ago
As per the report article published in Marine Link, Trading house Mercuria and Singapore based asset manager Envysion Wealth Management, have agreed to co invest in mining and energy projects, for a commodity investment to balance the default tights made up by banks. The deal The deal, signed on Wed....
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Published 4y-11mo-1w-4h-56m ago
According to a new poll from Mundy Cruising, Luxury cruise customers believe the sector is making progress towards a sustainable future reports Travel Weekly. Survey results The below findings were the latest from the agency’s Cruise Expert Panel, launched in October to coincide with the company....
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Published 4y-11mo-1w-1d-2h-6m ago
In recent years, cruise lines have done much to reshape the sailing experience: exploring partnerships with star level chefs to elevate the food. As result they are investing heavily in luxury spa and wellness programs, and even revamping entertainment to include live DJs and drag brunches on boar....
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Published 4y-11mo-1w-1d-2h-14m ago
Mardi Gras, Carnival Cruise Lines’s largest “Fun Ship” ever, is ready to set sail. Of course, it will be months before even the first traveler steps on board. Questions abound as to when the Centers for Disease Control and Prevention will lift its no sail orders and allow ships to resume oper....
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Published 4y-11mo-1w-1d-2h-36m ago
Growth in the global container fleet has dropped to the slowest pace in four years, according to shipping intelligence service Alphaliner. The global fleet saw growth of 2.9% last year, rising to 23.9 million TEU, Alphaliner said in an emailed note Wednesday. That compares with growth of 4% i....
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Published 4y-11mo-1w-1d-3h-43m ago
Damen Shiprepair and Conversion DSC recently carried out a series of works on 7 CMA CGM owned vessels, says a press release published on their website. About the project The projects took place between June and December last year at Damen Shiprepair Amsterdam DSAm in the Netherlands and Damen Sh....
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Published 4y-11mo-1w-1d-4h-42m ago
Japan Marine United has delivered a new 3,055 TEU container ship to Wan Hai Lines as the third in an eight ship series, says an article published in ShipInsight. About The New Container Ship The newly developed 3,055teu container ships can carry containers with a maximum of 12 rows x 6 tiers in the ....
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Published 4y-11mo-1w-1d-5h-23m ago
Fundamentals point to slow recovery in freight rates Slower inventory stock draws to dampen tanker demand Marine bunker spreads to provide little support to scrubber installations Tanker markets are facing a tough first half of the year, with crude oil demand forecasts for 2021 reflecting further do....
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Published 4y-11mo-1w-1d-13h-50m ago
From the first quarter of 2021, Wilson Sons will start the construction of six tugboats, at the Group’s shipyards in Guarujá SP , reports Sea News. Addition to the largest fleet in Brazil The new vessels will be added to the Company’s fleet, the largest in Brazil, with 80 tugboats, spread acro....
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Published 4y-11mo-1w-1d-15h-40m ago
Ocean shipping lines are deploying sweeper and extra loader vessels to Australia, at a high financial cost, to help clear the empty container build up, reports Shipping Australia Limited. The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container....
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Published 4y-11mo-1w-1d-22h-7m ago
Singapore is seeking to attract more LNG bunker suppliers to expand supply of the alternative marine fuel. The Singapore government brings in one of the managers of LNG bunker supplier FueLNG to help develop its technical standards for bunkering gas powered ships. According to a recent news report ....
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Published 4y-11mo-1w-1d-22h-27m ago
As the industry looks to prove the technical feasibility and commercial viability of fuels like ammonia, hydrogen and methanol – and ensure the safe application of electro fuels – biodiesel is another option becoming more readily available that could provide short term emission reductions, repor....
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Published 4y-11mo-1w-1d-22h-42m ago
ClassNK releases guidelines for Survey and Facilities/Equipment of LNG Bunkering Ships, says a press release published on their website. Guideline outline ClassNK in its publication released its Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships, outlining the additional safety req....
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Published 4y-11mo-1w-2d-2h-30m ago
High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in Europe, boosted by demand for furniture, exercise equipment and home improvement goods, shipping group Maersk said on Wednesday. A surge in demand from shoppers sheltering at home in a worsening ....
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Published 4y-11mo-1w-2d-3h-28m ago
Europe’s emission trading system ETS is amp 8216 a cornerstone of the EU’s policy to combat climate change amp 8217 according to the European Commission EC . It operates in all EU countries plus Iceland, Liechtenstein and Norway. It is intended to limit emissions from heavy energy using i....
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Published 4y-11mo-1w-2d-3h-34m ago
According to Panama Maritime Authority PMA , bunker sales in Panama fell by about 19.2% on year in November 2020, says an article published in Manifold Times. Fall in bunker sales Following several months of continued growth, bunker sales in Panama fell sharply in November 2020. According to the la....
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Published 4y-11mo-1w-2d-4h-20m ago
Malaysia amp 8217 s Petronas says it expects to resume full production at its Baram facilities in the third quarter after halting output in October, reports Reuters. Firm halted after accident Malaysia’s state energy firm Petronas said on Monday it expects to resume full production at its Baram f....
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Published 4y-11mo-1w-2d-5h-18m ago
Shipping company Grimaldi Group is seeking to cut its bunker consumption and emissions as it adds new eco friendly vessels to its fleet, reports Ship amp 38 Bunker. Delivery of zero emission vessel The company has taken delivery of the ro ro ship Eco Barcelona. The ship is equipped with batteries....
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Published 4y-11mo-1w-2d-16h-9m ago
The government of Andhra Pradesh of India has set in motion efforts to convert MV Maa, to a floating restaurant. The ship was abandoned in Andhra Pradesh following denial of permission to refloat and tow it to a dry dock. Indian state Andhra Pradesh government has set in motion efforts to convert MV....
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Published 4y-11mo-1w-2d-17h-33m ago
Stena Line amp 8217 s brand new Stena Embla ferry has arrived in Belfast, reports Port News. Stena Embla joins the Liverpool route Stena Embla is the third E Flexer ferry to be commissioned for Stena Line’s Irish Sea routes in the last 12 months, three of the most modern ferries in the world. Ste....
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Published 4y-11mo-1w-2d-22h-30m ago
There has been plenty of advice on how to recognise weaknesses in systems onshore and onboard and also on how to react. There will doubtless be much more advice to come as the cyber criminals always manage to be one jump ahead of their victims. The bigger problem is that there is only a requirement ....
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Published 4y-11mo-1w-2d-22h-34m ago
According to a Platts report, Asian low sulfur marine fuel market is expected to witness gradual yet steady incremental demand growth in 2021, with sales likely to top pre pandemic levels going into the second quarter of the year. LSFO Demand Increase Expected amp 8220 Economic activities will rec....
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Published 4y-11mo-1w-2d-22h-55m ago
Confined mostly to tiny cabins as the pandemic unfolded, crew members struggled to cope, writes Austin Carr. Jozsef Szaller At first, Jozsef Szaller’s crewmates didn’t think much of his absence. Szaller, after all, usually skipped going to dinner on the Carnival Breeze, the cruise ship where the....
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Published 4y-11mo-1w-3d-2h-14m ago
Marine fauna poses a grave danger for shippers and as such they need to acquire the skills of navigating through them. Keeping that in mind, the Gard has published a detailed guideline how to master this. Impact of Marine Fauna on Shipping While shipping traffic is one of many human activities in ....
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Published 4y-11mo-1w-3d-3h-24m ago
Keppel Offshore amp 38 Marine Ltd Keppel O amp 38 M has delivered Singapore’s first Liquefied Natural Gas LNG bunkering vessel, FueLNG Bellina, to FueLNG with a perfect safety record, says a press release published on their website. The second LNG bunkering vessel LBV FueLNG Bellina is th....
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Published 4y-11mo-1w-3d-3h-55m ago
The Baltic Exchange amp 8217 s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday to its highest level since mid October last year, reports Reuters. Gains extended The Baltic Exchange amp 8217 s main sea freight index, climbed on Tuesday to its high....
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Published 4y-11mo-1w-3d-4h-29m ago
amp 160 A new report warns of increasing cybersecurity threats to the maritime industry. The Global Maritime Consultants Group’s GMCG Marine Cyber Security white paper, published on December 24, warns of cyber attacks. It may originate via email, denial of service, impersonation or various ot....
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Published 4y-11mo-1w-3d-7h-26m ago
The Cyprus Shipping Chamber CSC expressed its concern over the continuing piracy at the Gulf of Guinea, stressing that despite the efforts being made by the whole industry the situation remains dangerous for ships sailing there, reports Seatrade Maritime News. Specifically, in a statement CSC expr....
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Published 4y-11mo-1w-3d-13h-46m ago
IMO secretary general Kitack Lim, in an IMO release, has spoken out against ’no crew change’ clauses in charter parties. He has pointed out that such clauses contribute to the ongoing seafarer crew change crisis and undermine the efforts undertaken to resolve the problem. Demand for amp 8216 n....
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Published 4y-11mo-1w-3d-15h-7m ago
Drewry has published a report to demystify the current situation of port congestions and explore its possible impact on the port sector valuation. Supply chains generally tend to be well orchestrated for moving goods across global networks. Any short term disruption can lead to bottlenecks as is the....
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Published 4y-11mo-1w-3d-21h-53m ago
ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering, reports an article published on Nasdaq. Niche markets The company states that it is a global, asset light co....
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Published 4y-11mo-1w-3d-23h-5m ago
According to a Marine Insight article, the Rotterdam based company DisinfectYour.com has launched a new service to help vessel owners and crew respond to COVID 19 outbreaks. Vessel Disinfection Service The service includes complete disinfection of closed areas on a vessel, as well as care for the cr....
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Published 4y-11mo-1w-4d-1h-31m ago
The year 2020 was a roller coaster ride for commodities and especially for crude oil. WTI crude prices fell into negative territory for the first time ever questioning the general market caveat that commodities price cannot be zero. The second half has been equally remarkable as prices surged by lea....
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Published 4y-11mo-1w-4d-2h-50m ago
Classification society Korean Register KR revises existing structural rules for membrane type LNG carriers, says an article published in Riviera Maritime Media. About the new structural rule The new rules have been developed to fully comply with the existing IGF code and cover LNG carriers from 21....
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Published 4y-11mo-1w-4d-4h-26m ago
Midnight on 31 December will mark the end of the Brexit transition period. Earlier, no customs formalities were required for freight transport from and to the United Kingdom. As from 1 January, customs formalities will apply. The trade deal recently entered into between the UK and EU will not change....
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Published 4y-11mo-1w-4d-4h-42m ago
According to Singapore Ministry of Health MOH a marine surveyor and a harbour pilot had tested positive for COVID 19 infection on 30 and 31 December 2020 respectively, reports SeaNews. COVID 19 safe management Shore Recent COVID 19 infection The Ministry of Health MOH had earlier reported th....
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Published 4y-11mo-1w-4d-5h-5m ago
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....
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Published 4y-11mo-1w-4d-15h-7m ago
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....
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Published 4y-11mo-1w-4d-15h-7m ago
Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand, a Reuters poll showed on Thursday. COVID impact on gains The poll of 39 economists and analysts conducted in the second half of December for....
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Published 4y-11mo-1w-4d-15h-7m ago
Business Korea reported that POSCO is focusing on liquid natural gas powered vessels as global demand for these eco friendly ships is expected to grow fast. The fuel tanks of these vessels are built with special steel as they store ultra low temperature LNG. Steel supply for LNG fuel tanks POSCO exp....
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Published 4y-11mo-1w-4d-18h-3m ago
A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase in bunker costs. It is due to the factor that IMO 2020 has failed to materialize. Instead, while the global bunker market in 2020 saw a considerably w....
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Published 4y-11mo-1w-4d-20h-9m ago
The three year arrangement on port tariff increases that exists between the Port of Rotterdam Authority and the relevant market parties. It is represented by Deltalinqs and VRC, is to be extended by one year. As has been the case from 2018 to 2020, port tariffs will be increased by 1% in 2021. This ....
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Published 4y-11mo-1w-4d-20h-40m ago
2020 has been the year that all the maritime industry anticipated with mixed feelings due to the implementation of sulphur cap. Although all lights were shed on COVID 19 , once again the regulatory agenda was busy within 2020 in order the maritime industry to stay on the pulse and remain sustainable....
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Published 4y-11mo-1w-5d-1h-30m ago
Veteran US bunker supplier John W Stone Oil Distributor has acquired the marine lubricants arm of Martin Midstream Partners MMP , reports Ship amp 38 Bunker. Sold Assets The sold assets, Mega Lubricants, cover amp 8220 the business of blending manufacturing and delivering various marine applic....
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Published 4y-11mo-1w-5d-2h-49m ago
Bank of Communications Financial Leasing BoComm added to the recent orders for newbuild mega boxships by placing its own order for four 24,000 TEU capacity vessels, says an article published in Ship amp 38 Bunker. Long term charter commitments According to industry specialists Alphliner, BoCo....
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Published 4y-11mo-1w-5d-4h-21m ago
According to Ship amp 38 Bunker data, the bunker prices at major ports have doubled in the last nine months. 20 Ports VLSFO Average Specifically, Ship amp 38 Bunker amp 8217 s Global 20 Ports Average for VLSFO hit a low of $210/mt on April 28, 2020. On December 30, 2020 the VLSFO average wa....
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Published 4y-11mo-1w-5d-5h-21m ago
The Maritime amp 38 Coastguard Agency has issued guidance on ship recycling requirements in relation to hazardous materials on ships, reports Gov.UK. The Marine Guidance Note provides guidance and clarification on certain aspects of both the EU Regulation and the UK Ship Recycling Regulations. Sh....
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Published 4y-11mo-1w-5d-18h-31m ago
The Northwest Seaport Alliance NWSA has accepted a $782,482 grant from the U.S. Environmental Protection Agency’s Diesel Emissions Reduction Act DERA grant programme as part of its efforts to cut emissions, reports Safety4sea. Deployment of battery electric tractors The DERA grant program will....
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Published 4y-11mo-1w-5d-19h-12m ago
There is an immediate need for improvement of air quality of ports and cities of the Mediterranean Sea, by using better quality fuels and greener technologies, says an article published in Safety4Sea. Pollution in the Mediterranean Sea Shipping emissions and heavy air pollution in the Mediterranea....
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Published 4y-11mo-2w-4h-14m ago
According to a recent article published in MSN, Indian sailors stuck on 2 ships off Chinese coast cry for help. The 2 stuck vessels 23 Indian sailors on bulk carrier MV Jag Anand, which has been stuck off the Jingtang port on the cold waters of the Bohai Sea in northern China since June, amp 8....
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Published 4y-11mo-2w-4h-53m ago
Disease, mutinies and uncharted waters nearly sabotaged the global circumnavigation of the expedition led by Portuguese mariner Ferdinand Magellan. Five centuries later, the pandemic looms as a Spanish navy tall ship sails to commemorate the feat, says an article published in Independent. Juan Se....
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Published 4y-11mo-2w-4h-53m ago
This time of the year is always a good opportunity to consider lessons learned and set new year’s resolutions for a new start. Our special column Industry Voices: amp 8216 Goodbye 2020, hello 2021 amp 8217 aims to provide an overview of this challenging year and set new targets for 2021 to mov....
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Published 4y-11mo-2w-1d-22h-33m ago
With the pandemic and the 2020 sulphur cap, the shipping industry had a challenging time this year but despite all odds it sailed through it rather well. So, here we are chartering some success stories from the shipping industry as presented by Safety4sea. Chronicling Stories That Shaped the Year Li....
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Published 4y-11mo-2w-2d-2h-41m ago
What a year! With 2020 coming to a close, gCaptain reports the top maritime stories that continued to make headlines all year long. IMO 2020 The year started with one of the most monumental shifts in modern shipping history with the entry into force of the IMO 2020 regulations limiting the amount of....
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Published 4y-11mo-2w-2d-3h-35m ago
A year ago the Panama Canal faced with low rainfall in the basin, had to take measures to maintain operations, says an article published in newsroom panama. About The Draft It will begin in 2021 offering 50 feet of draft, the highest level for neo Panamax locks, announced administrator Ricaurte Vás....
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Published 4y-11mo-2w-2d-3h-56m ago
The Great Eastern Shipping Co Ltd has overtaken Shipping Corporation of India Ltd SCI to become India’s biggest ship owner by fleet size. It ceded the higher market capitalisation slot to SCI as its scrip galloped in the run up to the issue of expression of interest for the privatisation of the ....
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Published 4y-11mo-2w-2d-11h-11m ago
New technologies and innovations are needed as the salvage sector tackles ever more complex projects with larger ships to protect mariners, assets and the environment, reports Riviera. The capsized carrier This has been publicly demonstrated with the gradual removal, in Q4 2020, of the Golden Ray ....
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Published 4y-11mo-2w-2d-22h-13m ago
Norwegian cruise and ferry operator Hurtigruten is recovering from a comprehensive ransomware virus data attack in mid December. This forced the company to close down its servers and online booking services. Its websites were out of action, but were back in operation by 18 December, says an article ....
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Published 4y-11mo-2w-2d-23h-19m ago
Gliese Foundation has published twelve independent reviews of the largest container carriers. The table presents the ranking, name, score, number of pages of the Sustainability Report. It also deals with the month of release of the report, number of years producing sustainability reports, and countr....
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Published 4y-11mo-2w-3d-3h-24m ago
Crew members readied for a year of working at sea, and those at the helm of the cruise industry anticipated another successful year, with profits sure to continue on an upward trajectory and bigger and better ships ready for launch. Then, in the space of a few disastrous weeks, everything changed. C....
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Published 4y-11mo-2w-3d-4h-22m ago
A Standard Club article provides an overview of some of the important international regulations that will enter into force in end 2020 and 2021, including the European Union EU requirement in relation to ship recycling. Coronavirus overshadows IMO2020 fallout The year 2020 marked the implementatio....
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Published 4y-11mo-2w-3d-14h-11m ago
An article in Riviera Maritime Media breaks down the amp 8216 Top five LNG carrier owners. amp 8217 Mitsui OSK Lines Japan’s Mitsui OSK Lines MOL has the world’s most valuable fleet of LNG carriers, worth close to US$6Bn, according to UK based ship valuation firm VesselsValue. With 45 vess....
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Published 4y-11mo-2w-3d-15h-38m ago
Amidst the rising incidents of piracy among the world suffering from the global pandemic, the sea transport organization MUI said that it is a major cause of concern for more than two lakh Indian sailors, reports Daily Excelsior. Rise in piracy The Maritime Union of India MUI , the oldest organizat....
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Published 4y-11mo-2w-3d-16h-11m ago
amp 160 Japanese firms study the possibility of producing and shipping blue ammonia produced in Russia, reports Argus Media. Blue ammonia production Backed by state owned energy agency Jogmec, Japanese firms plan to study the possibility of producing and shipping blue ammonia produced in Russia a....
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Published 4y-11mo-2w-3d-21h-20m ago
amp 160 Two Indian ships continue to be stranded in Chinese waters for over six months. The Ministry of External Affairs MEA said that the Indian Mission in Beijing is in touch with the Chinese authorities to seek facilitation and assistance for the Indian crew. The bulk cargo vessel MV Jag Ana....
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Published 4y-11mo-3w-4h-52m ago
Giles Foundation has come up with a Maritime Environmental Reports. They assess the quality of the environmental reporting presented by the twelve largest container carriers in the world in their sustainability reports. They present the results with the lowest rated company and will end with the com....
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Published 4y-11mo-3w-5h-25m ago
On December 16th, the UECC PCTC M/V Auto Energy received the first ship to ship bunkering of Liquefied Natural Gas LNG blended with 10% renewable Liquefied Biogas LBG , says a press release issued by UECC. Gasum’s LNG bunker vessel Coralius performed the bunkering operation at anchorage outside....
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Published 4y-11mo-3w-5h-37m ago
The Republic of Marshall Islands shared the requirements for the design, installation, and operation of Recreational Fire Appliances RFAs onboard RMI flagged yachts, says an article published by Safety 4 Sea. Recreational Fire Appliances RFAs means fireplaces that use wood, ethanol, or LPG as a ....
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Published 4y-11mo-3w-5h-53m ago
Order placed at Korean ship yard Daewoo Shipbuilding amp 38 Marine Engineering. Vessels will be powered by LNG Dual Fuel. Delivery starts in April 2023. 1 billion USD investment. German liner giant Hapag Lloyd has ordered six ultra large container vessels from Korean shipyard Daewoo Shipbuilding ....
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Published 4y-11mo-3w-1d-21h-23m ago
Although there are many video calling services, Zoom has been by far the most popular choice in 2020 and just announced impressive financial results for Q3, reports Tech Advisor. No 40 minute Limit But the company has announced a nice surprise for its users: it’s ditching the usual 40 minute call ....
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Published 4y-11mo-3w-2d-1h-1m ago
Every year SAFETY4SEA honours the best employment opportunities in maritime with a glorious award. This year amp 8217 s CAREER4SEA awards was announced virtually on December 16th and it recognized the industry’s outstanding practices for attracting and supporting the younger generation in the....
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Published 4y-11mo-3w-2d-2h-49m ago
In an article published Energy amp 38 the Law, Charles Sartain highlights the legal issues concerning black blog in ship delivery. He follows a celebrated case to highlight what could be the legal implications of it. What is it Enterprise Products Operating v. Trafigura, A G. asks, Who should....
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Published 4y-11mo-3w-2d-2h-57m ago
The Volkswagen Group on Thursday 26 November said it is planning to use certified fuel from vegetable residues for certain new car shipments via marine routes. The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was re fuelled for th....
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Published 4y-11mo-3w-2d-3h-55m ago
amp 160 Two cargo ships were detained in the Paris MoU region within December. Both vessels flied flags that are black on the current Paris MoU list. One was detained in Port Ravenna, Italy, on 1st December 2020. This is the fourth detention in the Paris MoU region within the last 36 months. Anot....
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Published 4y-11mo-3w-2d-11h-15m ago
Carbon13 and Maritime UK joined forces on an eight month program supporting people to launch highly scalable and investable ventures for a net zero future. Accordingly, the partners launch the Carbon13, the Venture Builder for the Climate Crisis. The eight month programme supports extraordinary indi....
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Published 4y-11mo-3w-2d-11h-25m ago
The Coast Guard has seen a number of instances where there was lack of knowledge regarding the installation, training, maintenance and inspection of these certified systems. At this juncture, the USCG has issued a Safety Alert to emphasize the importance of properly installed and maintained listed o....
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Published 4y-11mo-3w-2d-13h-36m ago
Claims arising from incidents involving vessels under pilotage have exceeded US$ 1.8 billion in the 20 years between 1999 and 2019, reports data by the International Group of P amp 38 I Clubs IG Clubs . Vessel pilotage In a new report, IG Clubs records 1,046 such incidents in this period and each ....
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Published 4y-11mo-3w-2d-14h-16m ago
In a major development, the technology group Wärtsilä’s industry leading R amp 38 D investments in enabling liquefied petroleum gas LPG to become a viable marine fuel has resulted in a further order for the company’s LPG Fuel Supply System LFSS , says a press release published on their web....
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Published 4y-11mo-3w-2d-22h-59m ago
amp 160 According to an Argus Media report, arbitrage economics between the US and the Asia Pacific region must remain attractive to support Very large gas carriers VLGCs freight rates at the higher levels recorded in the fourth quarter of this year. The EIA has cut its 2021 forecast for domest....
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Published 4y-11mo-3w-2d-23h-6m ago
According to a Hard article written by their Senior Loss Prevention Executive Jarle Fosen, the year ahead looks forward to growing zero emission trends as witnessed by Fosen in a visit to the Yara Birkeland, the first fully battery operated container vessel designed for autonomous operation. Here ....
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Published 4y-11mo-3w-2d-23h-18m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-2h-31m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-5h-38m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-15h-42m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-16h-6m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-20h-30m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-21h-35m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, Exceptional Bravery....
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Published 4y-11mo-3w-3d-21h-35m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, %....
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Published 4y-11mo-3w-3d-21h-43m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, study....
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Published 4y-11mo-3w-3d-21h-55m ago
Maritime News, bunker, ship fuel, cargo ships, tanker vessels, container Ships, freighter vessels, Container vessels, lsfo, hfo, msomso, MOL....
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Published 4y-11mo-3w-4d-2h-20m ago
