24 JAN 2020 The price of low sulphur fuel oil has dropped steeply in recent weeks at the bunkering hub of Singapore in a sign that the bunker market is stabilizing following the implementation of IMO 2020 sulphur cap, according to BIMCO. Prices of low sulphur fuel rose in December …
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23 JAN 2020 The European Union has provided more than 20 million euros to a pioneering project in Norway to advance autonomous ship technology. The funding, one of the largest grants of its kind ever given in Norway, will help the project known as AUTOSHIP which seeks to demonstrate the …
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22 JAN 2020 The IMO says information from various sources has indicated a relatively smooth transition to the 0.5 percent sulfur cap for bunker fuel. Prices for compliant fuels, very-low sulfur fuel oil (VLSFO) and marine gas oil (MGO), rose quickly initially but now appear to be stabilizing. As of …
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MT Asphalt Spirit. 21 JAN 2020 The captain of a Marshall Islands-flagged tanker has been convicted and fined $3,000 AUD in Australia after waiting several hours to report that his ship had suffered a main engine failure and was adrift off the coast of Queensland, the Australian Maritime Safety Authority …
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20 JAN 2020 Global climate talks lurched to an end in Madrid on Sunday with finger-pointing, accusations of failure and fresh doubts about the world’s collective resolve to slow the warming of the planet – at a moment when scientists say time is running out for people to avert steadily …
Read More »19 JAN 2020 After analyzing data from the 1950s through 2019, an international team of scientists determined that the average temperature of the world’s oceans in 2019 was 0.075 degrees Celsius (0.135 degrees Fahrenheit) higher than the 1981–2010 average. That might not seem like a significant amount of warming, but …
Read More »18 JAN 2020 India’s decision in the final months of last year to withdraw from negotiations for the mega-regional trade agreement known as the Regional Comprehensive Economic Partnership (RCEP) disappointed the countries of Southeast Asia, which are also members of the Association of Southeast Asian Nations (ASEAN). On one level, …
Read More »17 JAN 2020 Certified Marine Chemists could be an asset make the maritime industry safer for confined space hazards. Several of the articles that have appeared on The Maritime Executive have advocated for additional training, awareness and regulation. The call for training and regulation is not new to the maritime …
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16 jan 2020 The Suez Canal Authority has clarified its stance on scrubbers in a circular which indicates that ships transiting the waterway can burn heavy fuel oil and must not discharge wash water from open-loop scrubbers. Circular No. 08/2019 states: “In consideration of using fuel oil with low sulfur …
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15 JAN 2020 Due to changing rainfall patterns and historic low water levels at Gatun Lake, the main source of water for the waterway, the Panama Canal has announced a new freshwater surcharge beginning February 15. Despite the use of extensive water-conservation measures, this past year’s rainfall was 20 percent …
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