Maritime News Archives - Page 810 of 1000

Tankers: Asian Importers Looking for Alternate Oil Sources

26 September 2019

East Asian importers are diversifying their sources of oil products such as naphtha and gasoline in the wake of the recent attacks on Saudi oil installations and have stepped purchases from Europe, reports S&P Global Platts.

Transport of naphtha and gasoline cargoes

The market participants said more than six Long Range ships have already been fixed to move naphtha and gasoline cargoes from Europe to Asia this week.

The route attracts occasional fixtures, mostly for naphtha, but market participants...

http://mfame.guru/tankers-asian-importers-looking-for-alternate-oil-sources/

New Welfare Facility for Seafarers in Southampton

26 September 2019

Global maritime charity Stella Maris (Apostleship of the Sea) today launched a new welfare facility for seafarers in Southampton.
The vitally important space is located in the grounds of St Joseph’s Church.
The center will provide seafarers and cruise ship crew members with a range of pastoral and practical support services, regardless of their faith.

Stella Maris (Apostleship of the Sea), the global maritime charity launched a new welfare facility for seafarers in Southampton, reports...

http://mfame.guru/new-welfare-facility-for-seafarers-in-southampton/

Tanker Rates Surge as Chinese Firms Sanctioned Over Iranian Oil

26 September 2019

http://feedproxy.google.com/~r/Gcaptain/~3/FI2-HUy99HE/

Referee Shot with Cannon During Maine Maritime Football Game

26 September 2019

A Maine Maritime Academy alumnus could be facing criminal charges for accidentally shooting a referee with a cannon during a MMA football game. The incident took place Saturday, September 21, during MMA’s homecoming game against rival Massachusetts Maritime. It’s a MMA tradition to fire off a...

http://feedproxy.google.com/~r/Gcaptain/~3/FiuHgVuX8IM/

Shipping Industry Will Miss IMO 2050 CO2 Reduction Targets, Warns DNV GL

26 September 2019

DNV/GL predicts shipping industry will miss IMO 2050 CO2 reduction targets unless drastic action is taken, reports The LoadStar.

Reduction targets miss?

The shipping industry will miss the climate change reduction targets set by the International Maritime Organization (IMO) unless it ‘future-proofs’ newbuilds and continues to invest.

According to new research from classification society DNV/GL, the problem lies in the fact that no shipowner can invest in new technology today and be assured that it...

http://mfame.guru/shipping-industry-will-miss-imo-2050-co2-reduction-targets-warns-dnv-gl/

[FAQ] How To Select a Compliant Fuel?

26 September 2019

Recently, the International Chamber of Shipping has put forward thorough instructions to address compliant fuel issues. Today we are presenting a part of that guidance which dwells on the much-needed process of selecting a proper compliant fuel suitable for the shipowners’ needs and compatible with their machinery.

Compliant Fuels After 2020

Compliant fuel used after 1 January 2020 to meet the 0.50% Global Sulphur Cap could be either residual or distillate fuel oil. Blended grades of both 0.50%...

http://mfame.guru/faq-how-to-select-a-compliant-fuel/

Captain Who Grounded Ship on French Polynesian Reef Convicted!

26 September 2019

According to an article published in RNZ, the captain of a cargo ship which drifted on French Polynesia has been convicted.

Final verdict

The conviction of a captain whose cargo ship drifted onto a reef in French Polynesia has become final.

In 2018, the captain of the Philippines-registered vessel was given a suspended one-year jail sentence and the company Sinbanali Shipping was fined $US240,000. They originally appealed but now accepted the court ruling.

Failure to communicate issue

The captain...

http://mfame.guru/captain-who-grounded-ship-on-french-polynesian-reef-convicted/

World Maritime Day: UN Brings Seafaring Women To The Fore

26 September 2019

According to an article published in Daily News, International shipping transports more than 80 percent of global trade to peoples and communities all over the world.

Cost-effective option

Shipping is the most efficient and cost-effective method of international transportation for most goods; it provides a dependable, low-cost means of transporting goods globally, facilitating commerce and helping to create prosperity among nations and peoples.

It is much more cost-effective than air freight...

http://mfame.guru/world-maritime-day-un-brings-seafaring-women-to-the-fore/

World Maritime Day Highlights Gender Equality in Maritime

26 September 2019

Today’s World Maritime Day celebration is bringing attention to the importance of gender equality in the maritime industry and especially the contribution of women within the sector. World Maritime Day is an International Maritime Organization event celebrated each year on September 26 to celebrate...

http://feedproxy.google.com/~r/Gcaptain/~3/gmWqE7tvniw/

How IMO 2020 Will Impact Shipping in The Middle East?

26 September 2019

As new IMO regulations are set to come into force, shipowners need to take action to be compliant on January 1, 2020.
A handful of refiners have made a significant investment to desulphurize HSFO to the new 0.5 wt percent S grade, termed very low sulphur fuel oil (VLSFO).
Fuel oil supplied from Middle East’s major refineries are all high sulphur, reflecting the medium, sour quality of the regional crude resources.

According to an article published in Gulf News, the pricing environment for...

http://mfame.guru/how-imo-2020-will-impact-shipping-in-the-middle-east/

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