Maritime News

Romania’s OMV Petrom has started the production of 0.5% low sulphur fuel oil at its Petrobrazi refinery in response to the implementation of IMO 2020.

Bankrupt Chinese liquid cargo shipping company Fenghai Shipping is being taken over by DCL Investments in a restructuring deal.

One of the largest ballast water treatment system (BWTS) manufacturers Panasia has had type approval of its systems cancelled by the Korean courts.

A seven-hour search and rescue operation recovered a body on Saturday believed to be that of a seafarer who went overboard from a gas carrier anchored off Margate, UK during storm Dennis.

Ocean Network Express (ONE) has implemented a $1,000 per container congestion surcharge for reefer cargoes arriving in Shanghai and Xingang (Tianjin) as the coronavirus (Covid-19) hits the availability of plug-in points.

Sembcorp Marine and the Agency for Science, Technology and Research (A*Star) have agreed to deepen their R&D collaboration for the offshore marine and clean energy sectors.

In June the shipping world will in it sixth month of grappling with new environmental regulations and Posidonia 2020 shipping exhibition will be the ideal place to assess the impact low sulphur regulations implementation have had.