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International Maritime

Australia Becomes World Largest LNG Exporters

Australia has become the largest liquefied natural gas (LNG) exporter in the world. The record figure knocked Qatar out of the top spot. "Australia is set to become the world’s largest liquefied natural gas (LNG) exporter this year,…

Pirates Attack Two Ships In Singapore Strait

At least  two ships in the Singapore Strait were attacked  by pirates within the span of an hour in the wee hours of Sunday (Feb 9) mornings, aid the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in…

Sea Robbers Attack Two Barges Twice A Day

A towed barge was robbed twice on January 18 while underway in the eastbound lane of the Singapore Strait. In both incidents, the thieves stole scrap metal but did not confront the crew. At about 1129 hrs, tug boat Kim Hock Tug 9 …

Explosion Hits Petrochemical Terminal In China Xhuhai Port

A petrochemical terminal at Zhuhai Port in southern China on Tuesday, has suffered a major explosion which in turn caused a massive fire . The accident occurred at Changlian Petrochemical’s base in the Gaolan port area of Zhuhai Port,…

IMO SULPHUR CONTENT: VLFSO,MGO Price Hit All Time High

With the coming into force of IMO 2020 very low sulphur fuel oil (VLFSO) prices have surged since mid-December nullifying the discount to marine gas oil (MGO). While both VLSFO and MGO prices have climbed steadily over the last few…