- Finland signed up for IMO’s Ballast Water Management Convention (BWMC)
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Of course, the big news during SMM was the fact that Finland has signed up for IMO’s Ballast Water Management ...
- The first marine coatings to feature the breakthrough anti-fouling ingredient Selektope
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The first branded marine coatings to feature the breakthrough anti-fouling ingredient Selektope have been launched by coatings major Chugoku Marine ...
- Jurong Aracruz open for business
Estaleiro Jurong Aracruz, Sembcorp Marine’s wholly-owned new integrated shipyard in Brazil, is located on an 82.5-hectare site with a long 1.6 km coastline in the municipal of Aracruz in the state of Espirito Santo, about 80 km by road north of the capital of Vitoria.
Jurong Aracruz has top notch facilities with deep draft of 9 to 16 metres, 1 km ...
- Reshuffling of Cards in Chinese Shiprepair Market
Low prices, high Chinese inflation and low freight rates leads to
tough decisions.
- New ethane trades pose challenges for designers
A transformation in US gas production could prove the basis for new export trades in ethane, according to a study published by Lloyd’s Register (LR) this week. Produced from natural gas and a by-product of the oil refining process, ethane is a vital component in the production of ethylene which is itself used to make polythene, PVC, ethylene glycol and ...
- Changing dynamic in US-Africa trades
Much has been made of soaring US shale gas production and the dramatic effect it is having on the country’s LNG import/export trades, but fundamental changes in traditional US tanker trades, notably to and from West Africa, have been less well reported. Changing US energy patterns are having a far-reaching impact on the country’s conventional tanker trades, notably in the ...
- Syrian crisis – what next?
The Syrian problem remains unresolved. The UK Government decided last week not to participate in military strikes against the Assad regime, President Obama has now decided to follow suit and go to Congress before taking any action and the French Government has also discussed the subject at its Government, but President Hollande is determined to support the US. Meanwhile President ...
- Performance monitoring – a process of optimisation
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Accurate performance monitoring is an increasingly key component in effective ship operation and SEEMP plans on board. And for owners ...
- Shiprepairs in Mainland China
During the time elapsed since the origin of the present depression the
Shiprepairs Market in China is beginning to show signs of progressive
recovery with consequent trends for increased Prices etc however these signs
may not withstand for long.
Although all the major Shipyards in Mainland China are presently quiet busy
the fact is that the majority of the Vessels perform short Drydocking
periods with limited ...
- A fundamental change in global shipping
It was Clarkson’s Martin Stopford who recently highlighted the fundamental change in day-to-day operating economics of global shipping. Instead of the assets themselves constituting the largest single cost centre, it was now the fuel required to run them, he said. And there was unlikely to be a let-up, he warned: low-sulphur fuels required in the world’s ECAs will, of course, ...
- Ballast water clock ticks on
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Although experts had predicted that the IMO’s Ballast Water Convention might well have been ratified by the end of the ...
- Firing up on gas
There was no mistaking the sense of excitement as this year’s Gastech opened its doors at London’s Excel this week. New technology has transformed the outlook for the LNG sector – providing unprecedented possibilities for large-scale and expanding ocean shipments, as well as small-scale seaborne projects tailored to meet the energy demands of communities including those on islands and remote ...
- Pressure for new contracts piles on
South Korea and China may still be slugging it out for top position in today’s tough shipbuilding rankings but experts believe that once the present crisis is over, China will have emerged with a significant lead and could even become the “shipbuilding nation of choice”. Before that happens, however, the country’s shipbuilding sector will have to undergo a painful period ...
- Ballast water time bomb ticks on
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Serious shortcomings in the IMO’s Ballast Water Convention are compounding shipowners’ natural reluctance to invest in new technology which offers ...
- Crumbs of comfort
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The Howe Robinson Containership Index has lost ground steadily for most of the last year. In June 2011, it peaked ...
- Ship finance at the crossroads
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Today’s disastrous shipping markets may be the immediate cause of sleepless nights for owners and operators but not far behind ...
- Rise in repair costs to gather pace?
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Beleaguered ship owners received no let-up this week as shipping accountants and consultancy firm Moore Stephens published figures showing likely ...
- Bankers inadvertently to the rescue?
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It is a strange feature of international shipping that its fortunes can be transformed, virtually overnight, by exterior factors such ...
- Running Costs of Ships
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International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry increased by an average ...
- Sparky outlook for gas sector
The global gas supply business may have suffered a double whammy since 2008 when demand evaporated and the world’s largest consumer, the US, turned to unconventional domestic supplies in the form or shale gas, rather than imports by sea. But energy analysts are now predicting a firmer future for gas, with the International Energy Agency’s recently released report, “Are we ...