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Dry Bulk Market: Capesize C3 Route South Atlantic Overview Supply

According to the Capesize C3 South Atlantic overview provided in the image below, during the third week of April, there was a notable 4%...

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Economy

Iron ore shipments up 3.8% despite weak Chinese demand

“In the first quarter of 2024, global iron ore shipments rose 3.8% y/y on expectation of strong Chinese steel production which, however, failed to...

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Economy

LNG Shipping: High Supply Suppresses Rates as Trade Routes Shift

LNG shipping is undergoing major shifts since the start of 2024. In its latest weekly report, shipbroker Intermodal said that “during Q1 of 2024,...

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Economy

IBIA and BIMCO team up to collaborate on fuel and maritime challenges

IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges...

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Economy

New requirements for vessels with engine or shaft power limiters

New requirements will come into force from 29 April at the ports of Melbourne and Geelong for vessels equipped with a mechanical or software-based...

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Economy

Crude Tanker Market Fundamentals Looking Healthy

The crude tanker market could be set for a positive future, as ton-mile demand is about to increase. In its latest weekly report, shipbroker...

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Infrastructure and Energy

Maritime Global Trade Roundup – April 18, 2024

The Iran attack…Venezuela oil sanctions are back…decreased Russian oil trading…IUU fishing… There was recently some volatility and noteworthy developments, as always. Check out the easily-digestible...

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Infrastructure and Energy

Ballast Tank Refurbishment (Cargo Vessel) by Chemco

CASE STUDY OVERVIEW The ballast tanks onboard a large cargo vessel required a full refurbishment of over 6,000m² (double bottoms tanks, wings tanks and deep tank)...

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Infrastructure and Energy

Subsea Global Solutions delivers marine dredging project to improve mooring access

Subsea Global Solutions delivers marine dredging project to improve mooring access Problem The client’s private island requires periodic dredging of...

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Infrastructure and Energy

PERSONAL PROTECTIVE EQUIPMENT ON BOARD SHIPS –

Any job on board ship requires strict adherence to all the safety requirements implemented, alike on other dangerous production. One of the most important...

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Infrastructure and Energy