Trump presidency seen as bullish for tanker rates in US, Middle East; Russia wild card
WASHINGTON D. C. : A second Donald Trump presidency could push up tanker rates in the Middle East and the US Gulf while ushering in great uncertainty over Russia-related trades, some analysts recently said
Guidelines to Flexitank Safety Issued
LONDON : Global freight insurance provider, TT Club has issued the latest in its series of Stop Loss publications together with the Container Owners Association (COA). Focusing on the increasingly popular flexitank unit to
BSC chartered Vessel from abroad as back-to-back fires on oil tankers raise concern
DHAKA : The Bangladesh Shipping Corporation (BSC) has chartered a vessel from abroad to transport crude oil from mother vessels to the Eastern Refinery, as back-to-back fires on its two oil tankers have raised
Lloyd’s Register launches new benchmarking platform to drive Digital Maturity in maritime
LONDON : Lloyd’s Register (LR) announces the launch of its Digital Maturity Framework and Index, a pioneering tool designed to help companies assess and benchmark their digital maturity. The need for greater clarity and
Top quality speakers lined up for TMS Tanker Conference 2024
DUBAI : The ninth annual The Maritime Standard Tanker Conference 2024, which takes place on Thursday November 7th at the Atlantis, The Palm, Dubai, has a host of top quality speakers lined up to
Maersk Tankers launching new chemical tanker pool
COPENHAGEN : Maersk Tankers, a global leader in the shipping industry, is set to launch a new chemical tanker pool on October 1st, expanding its services and strengthening its position in the market. The
Great Eastern Shipping sells oldest suezmax tanker as fleet clear-out extends
MUMBAI : The Great Eastern Shipping Company Limited (GE Shipping) announced that it has contracted to sell its 2005-built Suezmax Crude Tanker, Jag Lalit. The vessel, with a capacity of approximately 158,344 deadweight tonnage (dwt), will
OCIMF has successfully completed the transition to SIRE 2.0 and withdrawn SIRE VIQ7 tanker inspectio…
LONDON : The Oil Companies International Marine Forum (OCIMF) has successfully transitioned the marine industry to its digitalised version of the Ship Inspection Report Programme (SIRE 2.0). Vessel operators are now only able to