Blockchain in the Marine Bunker Market

What is Blockchain?  What are Blockchain Bunkers?  Why Blockchain Bunkers? All good questions around the astonishing new technology transforming how business will be done across the marine industry. So, What is Blockchain? Blockchain is a network of users that collectively create a shared system of transparent transaction records or ledgers among the network … [Read more...]

China’s Sinopec to Start IMO 2020 LSFO Production in August 2019

Chinese oil giant Sinopec announced on October 18 at a fuel conference in Zoushan, China that it would produce IMO 2020 compliant low sulfur bunker fuels (LSFO) by August 2019. During the conference, Liu Zurong, Sinopec’s General Manager, announced limited production to start next August. Sinopec will initially focus production on its coastal refineries with the goal to … [Read more...]

Seaspan Completes Dry Docking of Ice-Strengthened Expedition Ship SILVER EXPLORER

Seaspan, the large Canadian marine conglomerate, announced this week that its Vancouver Drydock division recently completed a project on the innovative ice-classed passenger liner SILVER EXPLORER.  The Bahamian-flagged SILVER EXPLORER is a 354’ expedition cruise ship that carries 144 passengers and 118 crew.  She’s been classed Lloyds since delivery in 1989 and is … [Read more...]

Columbia River Mystery Sheen

A large three mile mystery sheen on the Columbia River near Kalama, Washington on Wednesday initiated the immediate response of the Coast Guard, the Washington Department of Ecology and the Oregon Department of Environment. The spill was reported Wednesday morning by the crew of the dredge YAQUINA alongside the Temco Grain Terminal.  An Agency overflight at noon … [Read more...]

No Jones Act Waivers as Marine Markets Return to Normal After Canadian Pipeline Explosion

The explosion on the Enbridge natural gas pipeline on October 9, spectacular as it was, never drove the West Coast marine oil market to seek Jones Act waivers.  Although one oil major was contemplating Jones Act waivers, there was sufficient equipment in the Pacific Northwest and idle in the Gulf to meet any emergency supply needs.  In addition, the urgency of … [Read more...]