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European Shipowners encourage the European Commission to have sufficient recycling capacity on the EU approved ship recy

23/06/2018

All vessels sailing under an EU flag will eventually be required to use an approved ship recycling facility, once the EU Ship Recycling Regulation effectively applies. This will be on 31 December 2018.

The current edition of the EU list of

Greek Flag Remains on Paris MoU “White List”

22/06/2018

At its 51st meeting last month, the Paris MoU Committee approved the 2017 inspection results and adopted new performance lists for flags and Recognized Organizations (ROs). These lists will take effect from 1 July 2018.

The “White, Grey and Black (WGB)

Digital Silk Road – Belt and Road on Blockchain

21/06/2018

The Belt and Road Initiative, is a significant development strategy launched by the Chinese government with the intention of promoting economic co-operation among countries along the proposed Belt and Road routes.

The ‘Belt and Road’ initiative promises more than US$1 trillion

Cargill sets goals to make ocean transportation safer, more efficient and sustainable

21/06/2018

Cargill has published its first corporate responsibility report specifically for its ocean transportation business. The report, which is written in line with the Global Reporting Initiative, provides an update on progress for 2017. The company outlines its plans and activities

Achieving cost savings when stacking or reactivating offshore units

20/06/2018

Why choose Wilhelmsen to support the stacking, preservation or re-activation of offshore supply vessels or drilling rigs?
Two reasons: cost savings and quality products. As a chemical manufacturer owner, we advise and serve our customers with the right products at

IMO Member States Must Progress on Key Sulphur Cap Issues at Critical Meeting in July

19/06/2018

The shipping industry – as represented by its international trade associations (BIMCO, ICS, INTERCARGO, INTERTANKO and WSC) – calls on the Member States of the International Maritime Organization (IMO) to make progress on key challenges around the global sulphur cap

IBIA comment on current problem fuels from the US Gulf

19/06/2018

A significant number of ships have experienced serious operational problems – chiefly sticking/seizing fuel pumps and in some cases filter blockages – after lifting bunker fuels from the US Gulf region since late March and during April/May. Most cases have

Tankers: Is a Further Weakening Around the Corner?

18/06/2018

VLCCs
Although the market in the ME Gulf to China had been steady in high WS 40s, there are now reports of WS 48, and subsequently, WS 47 being agreed. With this, brokers feel there is potential for further weakening.

Hatzipateras Expects Higher Freight Premium for Dorian LPG’s Ships, On Early Compliance to Low-Sulphur Rules

16/06/2018

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), yesterday reported its financial results for the three months and fiscal year ended March 31, 2018.

Highlights for the Fourth Quarter and Fiscal Year Ended March

New one stop compliance solution for EU MRV and IMO DCS regulations

11/06/2018

LR has today launched CO2 Verifier, an online verification service that provides a simple solution to comply with both the EU monitoring, reporting and verification (MRV) regulation and the IMO Data Collection System (DCS).

CO2 Verifier is a secure cloud-based application

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