GNS, a leading maritime technology company, has unveiled the latest milestone in its long term programme to improve how shipowners buy and use navigation and vessel data for operations and compliance. In a shipping market used to claims of game-changing functionality, GNS believes owners can...
International Shipping News
2M cancellations will not affect rates
Maersk Line’s and MSC’s decision to suspend their AE2-service will cut approximately 5,7 percent of the west going capacity, but is a decision based more so on limiting damage due to the lack of demand in the coming months, Drewry claims. The decision, made earlier this month in the 2M alliance, to...
https://www.hellenicshippingnews.com/2m-cancellations-will-not-affect-rates/
Use Of The ABS FCI Cyber Risk Model For Insurance Purposes
Certification bodies and insurers are facing the same issue. We both have to predict outcomes based on our understanding of what causes loss, and collect evidence of those causes in or about the thing we are certifying or insuring. And we are both facing a situation with maritime cybersecurity that...
https://www.hellenicshippingnews.com/use-of-the-abs-fci-cyber-risk-model-for-insurance-purposes/
Chelsea Technologies’ Fastballast Compliance Monitor Selected For Canadian Great Lakes Ballast Water Trial
Chelsea Technologies Group (CTG), a world leader in the design and manufacture of sensors for the maritime sector, has today announced that its portable FastBallast compliance monitor has been selected by the Canadian government for trials in a four-month ballast water monitoring programme. The...
BWTS to newbuild wellboat
Norwegian shipyard Fitjar Mekaniske Verksted has contracted PG Flow Solutions to supply the ballast water treatment system (BWTS) to a wellboat the shipbuilder is currently constructing. Under the contract, PG Flow Solutions will supply its IMO approved PG-Hyde ballast water treatment system, which...
https://www.hellenicshippingnews.com/bwts-to-newbuild-wellboat/
LNG tanker SCF Melampus to arrive in the Netherlands on Oct 15
Liquefied natural gas (LNG) tanker SCF Melampus is due to arrive at the Netherlands’s Gate terminal on Oct. 15 from Russia’s Yamal LNG port, according to Refinitiv Eikon data on Monday. The tanker’s capacity is 167,000 cubic metres. Source: Reuters
https://www.hellenicshippingnews.com/lng-tanker-scf-melampus-to-arrive-in-the-netherlands-on-oct-15/
BIMCO: US Crude Oil Exports to China drop to zero in August
In August, no US seaborne exports of crude oil to China were recorded. A massive change to the export pattern seen since early 2017. Chinese buyers, led by the world’s top tanker charterer Unipec, were rumoured to have stayed away – and new data proves it. Now rumours have it, that Chinese buyers...
https://www.hellenicshippingnews.com/bimco-us-crude-oil-exports-to-china-drop-to-zero-in-august/
DynaLiners Opinion – Bad Bunkers
The current epidemic of contaminated bunker fuels was first reported on in April this year, in Houston. Contaminated bunkers are often mixed with shale oil. The issue has since spread to Panama and Singapore, and possibly Hong Kong and Malaysia. As per Reuters, over 100 cases have been reported...
https://www.hellenicshippingnews.com/dynaliners-opinion-bad-bunkers/
Bunker fuel sales on contract basis to rise approaching 2020
Bunker fuel volumes sold on a contract basis rather than on the spot market are expected to increase as the market’s focus remains firmly on the approaching tighter sulfur regulations. As the International Maritime Organizations Maritime Organization’s global bunker sulfur limit drops to 0.5% from...
https://www.hellenicshippingnews.com/bunker-fuel-sales-on-contract-basis-to-rise-approaching-2020/
LNG bunkering uptake to rise despite clarity over 0.5%-S fuels – BSM
Germany’s Bernhard Schulte Shipmanagement is bullish about LNG bunkering due to its commercial benefits and ability to meet upcoming environmental rules even though clarity is rising over supply and specifications of 0.5% -S bunker fuels. “We’ve heard at this conference [SIBCON 2018] that the...