A fire broke out onboard a Panamax bulk carrier while the ship was sailing in the Gulf of Aden.
Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.
The sale is expected to be completed in two years.
The Port of Karachi in Pakistan implements a ban on discharge of wash-water from open-loop scrubbers.
More than 100 containerships aggregating 950,000 TEUs were in yards for scrubber retrofits last month.
Kitack Lim: Prices for compliant fuels appear to be stabilizing.
New blends of marine fuels with 0.50% sulphur content can contain a large percentage of aromatic compounds.
At least USD 1 trillion of capital investment is required to halve shipping’s emissions by 2050.
Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.
Qatargas has delivered the first Q-Flex cargo of LNG to the Summit LNG FSRU.
Dry bulk carrier operators don’t seem to have a lot of reasons to be jolly as they enter 2020.
The number of crew kidnapped in the Gulf of Guinea increased by more than 50% y-o-y.
BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020.
It appears the shipping industry is coping better than expected following IMO 2020’s entry into force.
