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ABS Classes World’s First Next Generation LNG Carrier: New LNG Carrier Offers Capacity and Performance Improvements

04/07/2018

ABS is pleased to confirm that the ABS-classed Diamond Gas Orchid, the world's first “Sayaringo STaGE” next generation LNG carrier, has been delivered to Diamond LNG Shipping, a joint venture between Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK).

“As a

New report shows poor policies at UN shipping agency put climate goals at risk: Transparency International offers recomm

03/07/2018

In advance of today’s (2 July 2018) council meeting of the International Maritime Organization (IMO), Transparency International is releasing a new report that highlights several transparency and accountability flaws that could hinder the IMO’s ability to deliver on its own

Tankers: Baltic Index Weekly Report

02/07/2018

VLCC
Limited enquiry in the ME Gulf saw rates ease three points with Unipec taking ‘Leonidas’ at WS 54.5 for China, while Formosa paid WS 52 to Taiwan all basis 270,000mt and the market remains under downward pressure. For US

California incentivises ships that slow down

02/07/2018

Many of you are probably aware that the US West Coast has some of the heaviest ship traffic associated with some of the largest ports in the country, such as the Californian ports of Los Angeles and Long Beach. You

Rules to Limit Climate Pollution from Shipping Can Be Implemented Under Existing Law Says Environmental Defense Fund

29/06/2018

The international shipping agency already has the legal authority to implement and enforce policies to achieve its new climate target, according to new analysis published by Environmental Defense Fund and Columbia Law School’s Sabin Center for Climate Change Law. “The

Britain ready to lead the world on G7 Healthy Oceans commitments

29/06/2018

Ocean plastics, coastal resilience and the Blue Economy were high on the agenda at the G7 summit in Canada earlier this month, where a commitment to support and drive ocean science and sustainability was signed. The Charlevoix Blueprint for Healthy

ABB and Ballard Power Systems to jointly develop zero-emission fuel cell power plant for shipping industry

28/06/2018

ABB, the pioneering technology leader, and Ballard Power Systems, the leading global provider of innovative clean energy fuel cell solutions, have signed a Memorandum of Understanding (MoU) on developing the next-generation fuel cell power system for sustainable marine e-mobility.

The fuel

Total and Pavilion Energy Take a Further Step in Developing Liquefied Natural Gas (LNG) As a Marine Fuel in Singapore

27/06/2018

Total and Pavilion Energy, through their subsidiaries Total Marine Fuels Global Solutions and Pavilion Gas, have signed Heads of Agreement (HoA) to jointly develop a Liquefied Natural Gas (LNG) bunker supply chain in the port of Singapore. The agreement covers

World Fuel Services prepares for 2020 with upgrades at Falmouth

26/06/2018

New supply vessel, Lizrix, offers 2200cbm of capacity and ability to segregate five grades

Falmouth, UK (June 25, 2018) In a bid to meet customer needs beyond 2020 World Fuel Services (WFS) is pleased to announce a recent investment at its

Tanker Market: Baltic Index Shows Increased Enquiry for VLCCs

25/06/2018

VLCC
Increased enquiry in the ME Gulf for modern tonnage saw rates gain around seven points. Idemitsu paid WS 52.75 to Japan and China was fixed at WS 57/57.5 level with similar rates paid for shorter trips to Thailand, all

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