This year, the theme #MyHarassmentFreeShip calls attention to the urgent need to eliminate bullying and harassment in the maritime industry and to foster a culture of dignity, safety, and inclusion onboard every vessel. On 25 June, the International M…
The LNG tanker market could benefit from a rise in global LNG supply, which can offset the current fleet imbalance. In its latest weekly report, shipbroker Intermodal said that “the global LNG carriers’ market is currently navigating a period of …
LNG Shipping: A New Market Ahead? Read More »
The huge intra-Asia container shipping market is regarded as relatively stable and robust, but will renewed capacity growth and softer demand change this? Total effective shipping capacity deployed by carriers across all intra-Asian trades increased 8%…
Drewry: Intra-Asia capacity grows, putting pressures on rates Read More »
Engines running on Bio-blends containing Fatty Acid Methyl Esters (FAME), especially pure FAME, e.g. 100% FAME can experience decreased engine oil viscosity over time. Fuel oil contamination in engine lubricants is a known phenomenon, and most marine-g…
Effect of FAME Contamination on Engine Oils Read More »
The tanker market showed mixed performance during the month of May, but June is expected to be a completely different story. In its latest monthly report, OPEC said that dirty tanker spot freight rates saw mixed movements in May. Aframax and Suezmax ra…
OPEC: Tanker Market Showed Mixed Performance in May Read More »