Recent News

Ballast Water Management


BIMCO’s position on “ballast water management” has been approved by the BIMCO Board of Directors. The Ballast Water Management (BWM) Convention entered into force on 8 September 2017. Ships constructed before this date must in general terms comply by the first renewal survey for their International Oil Pollution Prevention Certificate (IOPPC) following entry into force. Ships constructed on or after the entry into force date must be built to comply.

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OCIMF extends TMSA access to non-OCIMF members


From 14 January 2019 OCIMF extended access to the TMSA reports to include non-OCIMF members who are registered as SIRE recipients. This move aims to ensure that more information is available to more users, and it will help to improve safety and marine assurance in the industry.

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Calls grow for Mediterranean ECA


Air pollution from ship traffic in the Mediterranean Sea can significantly be reduced with the introduction of an emission control area (ECA), a new report suggests.

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Oil refining capacity to reach a record in 2019


According to EIA's 'Oil Market Report' report, global oil refining capacity is expected to increase rapidly, resulting to a product boost from diesel, to gasoline, to marine fuel. The capacity will grow by 2.6 million barrels per day and the demand for the refined products will be approximately on 1.1 million barrels per day.

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Small will be the new big for the LNG market


Low prices, abundant supply and an aggressive shift towards cleaner gas for energy generation are creating strong demand for LNG, not just from large buyers, but also from small importers.

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5 ways to use batteries onboard


Foreship published an infographic, describing a 5-steps solution to use batteries onboard. Namely, batteries can provide 15% in fuels saving, as well as 30% lower maintenance costs.

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Global Marine Lubricants Market to Grow by 2.17% to Hit USD 6.66 bln in 2023


The global marine lubricants market is estimated to be USD 5.98 billion in 2018 and is projected to reach USD 6.66 billion by 2023, at a CAGR of 2.17% from 2018 to 2023.The growth of the market is driven by the emerging alternative technology trends, said a report by  Research and Markets.

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What Does 2019 Hold For The Container Port Industry?


As we welcome in 2019, we share our thoughts on the key issues and trends likely to affect the container ports and terminals sector in the year ahead.

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5 energy trends that will run the world in 2019


As the global community becomes more interested in- and aware of- the devastating impacts of climate change, more and more industries have shown a shift towards environmentally-friendly solutions. Meanwhile, smart technology seems to emerge in every aspect of business operations. While the world’s need for energy seems to be insatiable, the sources of it are going through a drastic change.

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