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Tanker Market: VLCCs On the Rebound

15/04/2019

VLCC
The market in the Middle East Gulf bottomed out and after WS 36 was agreed for 270,000mt to Singapore, Unipec fixed to China at WS 39, up 1.5 points from last week. SPC took two Maran ships to Singapore

United States: Adoption Of Blockchain Solutions Spreads Across Industries

13/04/2019

Last week, a major U.S. international shipping conglomerate announced plans to collaborate with Inxeption, an e-commerce technology company, to build a platform integration called Inxeption Zippy that will utilize blockchain-based technology to “create a seamless, end-to-end experience where merchants can

Oil, Shipping And The Future Energy Mix

12/04/2019

Kicking off the third and final day of the Sea Asia 2019 conference, industry leaders from across the energy supply chain came together to discuss what the push for alternatives to fossil fuels means for the maritime industry.

Katharina Stanzel, Managing

CSA 2020 Welcomes Samsa Decision On Open-Loop EGCS

12/04/2019

The Clean Shipping Alliance 2020 (CSA 2020) has welcomed the decision by the South African Maritime Safety Authority (SAMSA) to accept all types of approved exhaust gas cleaning systems (EGCS) for use in its territorial waters.

In an IMO 2020 advisory

IMO 2020 and the rocky road to full compliance

11/04/2019

With less than a year to go until the new regulations from the International Maritime Organisation (IMO) kick in, how prepared is the industry and what are the potential stumbling blocks? We’ve been fielding questions from our clients on everything

IMO 2020: What Shippers Need To Know Now

10/04/2019

While the world has been enthralled by the US-China trade war, another extremely pressing situation is happening in the logistics industry — the International Maritime Organization is preparing to roll out a landmark set of regulations that will cost carriers

30% of Singapore bunker tanker fleet signs up to testbed the SaaS bunker operations scheduling platform for optimised pe

10/04/2019

Singapore-based maritime solutions firm CLARITECS is making significant progress in the maritime digitalisation space through collaborations with government and private sector entities, it officially announced today during Singapore Maritime Week.

Today, at the MPA1 Maritime Innovation Lab Launch officiated by Dr

ABS Launches Global Sustainability Center to Help Industry Transition to a Low-Carbon Economy

09/04/2019

ABS launched the ABS Global Sustainability Center with a mission to help maritime transition to a sustainable, lower emissions industry.

“Decarbonizing shipping is a challenge that will compel the industry to reach new technology frontiers. At the same time, it is

Sulphur 2020 – countdown to the switchover

08/04/2019

Sulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that this is a big challenge for numerous players within the industry, from supplier to the

VLCC Tankers Still Under Pressure

08/04/2019

VLCC
Charterers maintained their vice-like grip on owners, with rates for 270,000mt falling 8.5 points to WS 37.5, while a newbuilding to Korea agreed WS 31.5 basis 280,000mt. Going west, rates for 280,000mt to the US Gulf are assessed three

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