Lloyd’s Register Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) issued a bulletin on Wednesday (6 March) underscoring the necessity for Bunker Delivery Notes (BDNs) to specify the flashpoint value of fuel if it falls below 70°C starting from 1 May 2024. This directive follows an approved amendment to MARPOL Annex VI. Over the years, […]
FOBAS: Mandatory Flash Point Recording to be Implemented on BDNs Read More »
The Red Sea crisis has caused ocean freight rates to surge at a faster pace than the initial months of the Covid-19 pandemic, with numerous shippers being informed that certain contract terms will not be honored. Xeneta, a prominent ocean freight intelligence platform, released evidence demonstrating that shipping costs on key routes from the Far
The US-led naval coalition operating in the Red Sea has issued a warning to all ships, urging them to steer clear of the Bab el-Mandeb strait, as reported by the shipping association Intertanko. This advisory comes amid escalating attacks by Yemen’s Houthi militants on commercial vessels in the region and retaliatory actions by the US
Naval Coalition Led by US Advises Shipping to Steer Clear of Red Sea Read More »
The Panama Canal’s governing authority has announced under Advisory to Shipping No. A-54-2023 they will be raising the number of daily transits through the Canal from 22 to 24 beginning in January given the improved weather conditions. This adjustment is a reaction to the Gatun Lake’s current conditions, i.e. the water level was abnormally low
Although scrubbers are a contentious topic in the maritime business, those who have invested in them have unquestionably reaped significant financial benefits. Scrubbers have saved $12 billion in the container industry alone, according to Danish liner consultancy Sea-Intelligence. This computation was predicated on the idea that a specific proportion of vessels equipped with scrubbers would
Sea-Intelligence Reports Container Shipping Saves $12 Billion with Scrubbers Read More »
