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Ship owners snap up tankers

Tankers are being bought left and right as prices are becoming more attractive. In its latest weekly report, shipbroker Intermodal said that “in the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. The transactions are more or less equally ......


LNG for shipping makes headway through Poseidon Med II

A truck loading station in Revithoussa LNG terminal, at least three new LNG-powered vessels, one LNG barge based in Piraeus port and one LNG marine installation in Western Greece will be in operation as of 2020. This is one of the key highlights expressed by George Polychroniou from DEPA during his introductory speech at 21st ......


Bomin Launches 2020-Compliant ULSFO in ARA

The Bomin Group, a leading global physical supplier and trader of marine fuels, yesterday announced that it is now delivering Ultra-Low Sulphur Fuel Oil (ULSFO) to vessels calling in the Amsterdam-Rotterdam-Antwerp region (ARA). The ULSFO product is 0.1% maximum sulphur, and it complies with MARPOL Annex VI regulations in current designated Emissions Control Areas (ECAs), ......


Demolition Market Expected to Slow Down on Ramadan

Ships’ decommissioning and sold for scrap in East Asia’s scrapyards are expected to slow down over the next month or so, on religious holidays. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the holy month of Ramadan having now started, it is anticipated that activity and inquiry could slow down as ......


ABS Evaluation Demonstrates Feasibility of LPG as Fuel Strategy for Dorian LPG

ABS completed an in-depth techno-economic evaluation commissioned by Dorian LPG, evaluating compliance options for impending global sulfur cap requirements. Dorian LPG owns and operates a fleet of very large gas carriers (VLGCs), transporting liquefied petroleum gas around the world. “As owners and operators evaluate their compliance options for the impending 2020 Global Sulfur Cap, it ......


International Convention for the Control and Management of Ships’ Ballast Water and Sediments ratified

Cyprus has ratified the International Convention for the Control and Management of Ships’ Ballast Water and Sediments 2004 (the BWM Convention).(1) The law ratifying and implementing the convention took effect on its publication in the Official Gazette on May 4 2018. The BWM Convention entered into force on September 8 2017 and covers more than ......


Marine News:

Ship owners snap up tankers

Tankers are being bought left and right as prices are becoming more attractive. In its latest weekly report, shipbroker Intermodal said that “in the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. The transactions are more or less equally ......


LNG for shipping makes headway through Poseidon Med II

A truck loading station in Revithoussa LNG terminal, at least three new LNG-powered vessels, one LNG barge based in Piraeus port and one LNG marine installation in Western Greece will be in operation as of 2020. This is one of the key highlights expressed by George Polychroniou from DEPA during his introductory speech at 21st ......


Bomin Launches 2020-Compliant ULSFO in ARA

The Bomin Group, a leading global physical supplier and trader of marine fuels, yesterday announced that it is now delivering Ultra-Low Sulphur Fuel Oil (ULSFO) to vessels calling in the Amsterdam-Rotterdam-Antwerp region (ARA). The ULSFO product is 0.1% maximum sulphur, and it complies with MARPOL Annex VI regulations in current designated Emissions Control Areas (ECAs), ......


Demolition Market Expected to Slow Down on Ramadan

Ships’ decommissioning and sold for scrap in East Asia’s scrapyards are expected to slow down over the next month or so, on religious holidays. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the holy month of Ramadan having now started, it is anticipated that activity and inquiry could slow down as ......


ABS Evaluation Demonstrates Feasibility of LPG as Fuel Strategy for Dorian LPG

ABS completed an in-depth techno-economic evaluation commissioned by Dorian LPG, evaluating compliance options for impending global sulfur cap requirements. Dorian LPG owns and operates a fleet of very large gas carriers (VLGCs), transporting liquefied petroleum gas around the world. “As owners and operators evaluate their compliance options for the impending 2020 Global Sulfur Cap, it ......


International Convention for the Control and Management of Ships’ Ballast Water and Sediments ratified

Cyprus has ratified the International Convention for the Control and Management of Ships’ Ballast Water and Sediments 2004 (the BWM Convention).(1) The law ratifying and implementing the convention took effect on its publication in the Official Gazette on May 4 2018. The BWM Convention entered into force on September 8 2017 and covers more than ......


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