The change in ice conditions is opening the high Arctic as a trade route, fishing ground and potential tourism destination; but more infrastructure support is required to facilitate the provision of adequate insurance, says IUMI in a position paper released

Silverstream Technologies, the pioneers of air lubrication technology for the shipping industry, has signed a major new deal with Italian shipowner Grimaldi Group SpA, the company announced.

The agreement will see the Silverstream® System, Silverstream's proprietary air lubrication technology, installed on

Since the beginning of 2018, shipping companies have experienced issues regarding bad bunker fuel. The bad bunker fuel first appeared in Houston and has since that spread to Panama and Singapore, leading to claims for millions of dollars.

It has proved

VLCC
Weather delays in the East and increased cargo avails pushed up rates six points to peak at WS 58.5 to China, and WS 55.5 was agreed for South Korea, all basis 270,000mt. There is now a softer sentiment, with

The Clean Arctic Alliance welcomes the joint statement by Russian President Vladimir Putin and Finnish President Sauli Niinisto on the need to move to cleaner ships’ fuels such as LNG in the Arctic.

Speaking on behalf of the Clean Arctic Alliance,

IMO has set a global limit for sulphur in fuel oil used on board ships of 0.50% m/m (mass by mass) from 1 January 2020. This will significantly reduce the amount of sulphur oxide emanating from ships and should have

Veritas Petroleum Services (VPS) and Seagull Maritime have collaborated on new e-learning modules and reflective learning films describing the importance and procedures for fuel testing. Unpredictable fuel quality is a regular cause for concern among ship operators. Apart from creating

Responding to news that the world’s largest container ship operator, Maersk, plans to run a trial crossing of the Arctic’s Northern Sea Route – along the coast of Russia, between the Pacific and and the Atlantic, Clean Arctic Alliance Lead

GasLog Ltd. (“GasLog”) (NYSE:GLOG) is pleased to announce the signing of two new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“Cheniere”).

To fulfil the Charters, two

Annex V, which applies to ships as well as fixed and floating offshore installations, was further amended recently to reflect modifications to the management and record-keeping of garbage on board a vessel. The changes came into force on 01 March