There will be a huge amount of middle distillates used in the shipping sector starting 2020 with an incremental demand of 1.2mbpd for MGO, according to WoodMac. Currently, there is demand of about 3.5mbpd for HSFO, which will drop to only a

Rolf Thore Roppestad, CEO of Gard, today participated in the launch of the Sustainable Ocean Principles at the United Nations in New York. The UN Global Compacts Platform for Sustainable Ocean Business has, in consultation with more than 30

BIMCO Secretary General CEO, Angus Frew, has announced he will step down in the summer of 2020, as he wishes to spend more time in the UK and less time working. The search for his replacement has started. In six successful years, Angus has

Global container volumes increased by 1.2 per cent in the first seven months of the year, up from 0.8 per cent in the first quarter, after growth ticked up slightly in the second quarter. However, the growth rate was significantly lower tha

Shipowners and shipmanagers of varying size met with leading OEMs at a Shell Marine roundtable in Oslo to discuss preparedness when it comes to fuels and lubricants in the run up to and after 2020 Fuel and lube availability, engine performa

Following approval by BIMCOs Documentary Committee in May this year, the new contract has been developed to provide a clearly worded agreement with a fair allocation of risks and responsibilities when dismantling offshore structures. DISMAN

On Wednesday 18th September 2019, the International Standards Organisation (ISO) released their Publicly Available Specification (PAS). The document; ISO/PAS 23263:2019 Petroleum products Fuels (class F) Considerations for fuel suppliers an

IBIA has been getting queries from several members about when ISO specifications for fuels meeting the 0.50% sulphur limit will be available. Every time, IBIA has explained that: 1. Existing ISO 8217 specifications will still apply, and; 2.

BUDD Group reports that each vessel calling at anchorage at Base Buoy (B9) at Douala Port, Cameroon will now be provided with an armed security team for their protection. This team will remain onboard the vessel throughout her stay at ancho

The World Shipping Council (WSC), BIMCO, the Cruise Lines International Association (CLIA), and the International Parcel Tankers Association (IPTA) calls on International Maritime Organization (IMO) member states to fully implement the new

Anglo-Eastern is a firm believer in leading with integrity and progressively setting the standard, with a vision to shaping a better maritime future. These goals have been the driving force behind our business for more than 40 years. As suc

International Maritime Organization secretary-general Kitack Lim says the maritime industry is all set to go to meet the IMOs January 2020 deadline to switch to marine fuel with a sulphur content capped at 0.5 per cent. From the beginning o

Oil traders and analysts expect prices to jump at least $5 a barrel Monday after a strike on a key facility cut Saudi Arabias production by half, pulling some 5% of world supply off the market. Saudi Aramco lost about 5.7 million barrels pe

Safety at Sea and BIMCO have published a white paper containing advice based on results and findings from Cyber Security Surveys produced over the last four years, as well as on feedback and knowledge from experts at roundtable events. Safe

A joint project from BIMCO and the Association of Ship Brokers Agents (U.S.A.), Inc. (ASBA) to develop a standard gas tanker voyage charter party took a big leap forward at a subcommittee meeting on 5-6 September. The aim of the project is