15 AUG 2019 Margins for European high sulphur fuel oil (HSFO), used to power ships, sank this week as preparations for a global shift to cleaner maritime fuel next year start to weigh on prices. High sulphur fuel oil is one of the dirtiest and cheapest products to come out …
Read More »FIRE REPORTED IN ENGINE ROOM OF MARAD VESSEL MV CAPE HENRY
14 AUG 2019 A small fire broke out in the engine room of the U.S. Maritime Administration vessel Cape Henry at its layberth in Alameda, California. The San Francisco Fire Department was alerted to the fire at about 3:30 a.m. Monday morning. The fire was reported in the engine room …
Read More »EURONAV’S GIANT ‘OCEANIA’ STARTS 12,400-MILE TRIP TO FUEL-STORAGE ZONE
13 AUG 2019 The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the latest movement of a vessel that’s intrigued the shipping market and fuel traders for months. More than 1,200 feet long, 16 years old, and able to hold roughly a day …
Read More »FIRE ERUPTS ON APL CONTAINERSHIP OFF INDIA
12 AUG 2019 Fire has swept through several containers aboard the APL Le Havre just days after carriers announced they would impose heavy fines on misdeclared dangerous goods. The Ministry of Defence in Gujarat State said fire had forced a diversion of the 10,100 teu vessel on Friday night, after it left …
Read More »IDLING LNG TANKERS HINT AT INCREASING APPEAL OF FLOATING STORAGE
11 AUG 2019 Liquefied natural gas tankers are taking longer-than-usual journeys to deliver cargoes and spending more time idling at sea in a sign some traders are starting to use vessels for storage. There may be other reasons for keeping the cargoes on the water, including logistical or weather issues, …
Read More »BLACK MARLIN ARRIVES IN ROTTERDAM CARRYING EIGHTEEN HULLS FOR DAMEN
10 AUG 2019 The semi-submersible heavy lift vessel Black Marlin has arrived at the Port of Rotterdam with a monster load of prefabricated hulls for Damen. The load in total comprised of seventeen inland shipping vessels hulls and Damen crane barge. The hulls and crane barge were constructed in China …
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