Yearly Archives: 2019
Bullish Charter Market Driven by Increase in Scrubber Fittings!
The container market continues to thrive despite tonnage short caused by ships taken out of service due to scrubber retrofitting.
44 containerships with...
Tellurian Inks Largest US Foreign Investment Deal To Ship Shale Gas Abroad
India’s Petronet LNG Ltd. signed a $7.5 billion agreement to buy into Tellurian's proposed LNG terminal in Louisiana.
Petronet will spend $2.5 billion...
SK Energy Charters Supertanker For Record $10 Million!
According to an article published in Reuters, South Korea’s top refiner SK Energy chartered a supertanker to ship U.S. crude to South Korea for...
Mitsui Delivers 66,000 DWT Type Bulk Carrier ‘M/V Tomaros’
Mitsui E & S Shipbuilding Co., Ltd has completed and delivered a 66,000 dwt type bulk carrier at its Tamano Shipyard, says a press...
Viva Energy Launches New VLSFO Abiding IMO Standards
Viva Energy Australia Pty Ltd ("Viva Energy") has announced the launch of its new very low sulphur fuel oil (VLSFO), developed to meet the...
Maersk: Springing Back From NotPetya Attack
An article in CSO explains how Maersk bounced back and learned from the NotPetya cyber attack.
Maersk’s chief information security officer shares how the company...
Q&A: Viswa Nods for Additional Bunkers Testing
Ram Vis is chief executive and founder of international marine fuel specifications testing company Viswa Group. A report in Argus Media briefs the interview...
ECSA Launches Maritime Growth Plan for Sustainable Seafaring Jobs
The European Community Shipowners’ Associations (ECSA) has launched its Maritime Growth Plan for sustainable growth in the maritime sector, according to their website.
The ambitious...
Clean Tanker Market Witness an Uptick in Freight Rates for Dirty Vessels
Shipowners in the clean tanker market have observed the sharp uptick in freight rates for dirty vessels, as continued tightness for Aframax vessels...
Higher Fuel Premium Looms As the Market Adapts To IMO 2020
A strict new global environmental standard for shipping fuel is starting to make an impact in corners of the oil market, providing traders with...