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 »
Our title here is the common misconstruction of “anchor aweigh”, but it is appropriate for London Arbitration 16/19 [(2019) 1037 LMLN 3], which concerned a vessel that tendered NOR with one of its anchors missing. Facts The vessel had been fixed on an …
With the next OPEC meeting soon underway, tanker owners are looking for the next oil market’s direction. In its latest weekly report, shipbroker Gibson said that “in just a few weeks’ time OPEC and its allies will meet again to discuss the oil markets….
Tankers: Oil Market’s Balancing Act Will Require More Cuts Read More »