The less than optimum freight market conditions have started to hurt sentiment in the S&P market, not to mention the newbuilding market. In its latest weekly report, shipbroker Allied Shipbroking said that “the subdued activity resumed in the dry b…
Freight Markets’ Lacklustre Performance Hurting Ships’ Sales Read More »
The main bunker fuel for ships is High Sulphur Fuel Oil (HSFO, with sulphur up to 3.5% m/m (mass by mass)). This will all change on 1 January 2020 when the IMO’s regulation to reduce the limit for sulphur content in fuel oil used in ships to 0.5% m/m c…
Ballast water is of crucial importance to the safe operation of ships by reducing hull stress, maintaining stability and improving propulsion and maneuvrability. However, ships’ ballast water may also contain alien marine organisms which establis…
Managing alien stowaways Read More »
A tugboat is partially sunk and leaking diesel after alliding with a bridge in North Carolina’s Oregon Inlet, the U.S. Coast Guard said.All eight people aboard the tug Miss Bonnie reached shore safely without injury after the vessel struck the Old Bonn…
Semi-submerged Tug Leaking Diesel after Bridge Allision Read More »
The U.S. aircraft carrier strike group Abraham Lincoln sailed through the vital Strait of Hormuz on Tuesday, U.S. officials told Reuters, amid simmering tensions between Iran and the United States.Tensions in the Gulf have risen since attacks on oil ta…
U.S. Aircraft Carrier Group sails through Strait of Hormuz Read More »