The dry bulk market for large ships, i.e. Capesizes, is gearing up for further recovery in 2019, as demand is at healthy levels and net fleet growth remains subdued, despite a slower demolition rate in 2018. In a recent report, shipbroker Banchero Cost…
Dry Bulk Market: Capesizes Primed for Further Gains in 2019 Read More »
Economic activity is the main driver of maritime transport. DNV GL has developed a model to forecast future volumes of goods to be transported by sea, with a focus on crude oil, oil products, gas, bulk and containerized cargo. The Energy Transition Out…
Seaborn trade outlook: the energy transition Read More »
The shipping industry has previously faced problems with bunker contamination due to the presence of catalytic fines and is again experiencing similar issues. The culprit this time has been identified as phenols and fatty acids. One theory is that thes…
Bunker contamination: the importance of timely intervention Read More »
The Coast Guard continues to search Tuesday for two missing people 46 miles east of Jupiter Inlet.The two people missing are a Bahamian national, a suspected migrant smuggler, and a 9-year-old Haitian national.
Coast Guard Searching for 2 People East of Jupiter Inlet Read More »
On December 28, 2018, Sovcomflot (SCF Group) placed an order at Zvezda shipbuilding complex for construction of three new generation product carriers that use cleaner-burning LNG fuel as their primary fuel.Three MR-class vessels will have a deadweight …
Sovcomflot Orders Three LNG-fueled Tankers from Zvezda Shipyard Read More »