by Poseidon Navigation | Nov 19, 2019 | Industry News
Fuel oil tanks should be cleaned on regular basis to remove build-up of sediments and sludge, usually during dry docking or whenever inspections of the fuel tanks are due. Most shipowners will want to change over onto compliant fuel well before the 1 January 2020....
by Poseidon Navigation | Nov 13, 2019 | Industry News
A shipowner can face losses arising from many different types of casualty, and to offer the best levels of protection marine insurance has developed into two distinct categories of insurance cover: protection and indemnity (P&I) insurance and hull and machinery...
by Poseidon Navigation | Nov 7, 2019 | Industry News
According to the World Economic Forum Report 2018, cyber-attacks are the first non-natural threat in terms of likelihood to occur, globally. It is not criminal acts, it is not terrorism, but it is the cyber-attacks. And this is only going to get worse because of our...
by Poseidon Navigation | Oct 30, 2019 | Industry News
For close to five decades, the frequency of oil spills from tankers has shown a progressive downward trend. The average number of spills of 7 tonnes or more is now about six per year, from a high of 79 in the 1970s. The yearly average for large spills, i.e. greater...
by Poseidon Navigation | Oct 22, 2019 | Industry News
When the International Maritime Organisation decided, in October 2016, that the allowable sulphur content in marine fuels would be reduced from 3.50% to 0.50% from the start of 2020 – known as the global sulphur cap – it triggered a period of intense speculation and...
by Poseidon Navigation | Oct 15, 2019 | Industry News
A look at what’s new – and what you might not have implemented yet. The fourth edition of the Oil Companies International Marine Forum (OCIMF) Mooring Equipment Guidelines (MEG4) was issued in July 2018. These revisions were brought in in response to...
