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 »
South Korean shipyards remain the preferred option among Greek ship owners, especially when it comes to ordering their latest high-tech and niche-busting LNG carriers. According to data compiled by VesselsValue, exclusively for Hellenic Shipping News W…
Earlier in the year the IMO Marine Environment Protection Committee (MEPC) in its 74th session adopted a comprehensive set of guidance and guidelines to support the consistent implementation of the 0.50% limit on sulphur in ships’ fuel oil, which comes…
IMO 2020: guidelines for consistent implementation of the sulphur cap Read More »