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Asia Light Ends: Key Market Indicators For Dec 20-24
Asia's light end markets opened the trading week starting Dec. 20 weighed down by the decline in crude values following an increase in coronavirus...
LATEST NEWS
PIL Quadruples Profits in 2024 Amidst Demand Surge and Rising Freight Rates
Singapore-based container shipping company Pacific International Lines (PIL) has announced a significant increase in its earnings for the fiscal year 2024, more than quadrupling...
US-China Tariff Truce Spurs Shippers to Frontload, Pushing Transpacific Rates Up
The "delta between market average and mid-high" indicates that shippers negotiating Transpacific rates after the recent U.S.-China tariff reduction are paying higher prices, closer...
Aging Global Tanker Fleet Drives Concerns Over Utilization
The global tanker fleet is undergoing a significant aging process, a phenomenon driven by a confluence of factors that are deeply impacting its utilization...
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POPULAR ARTICLES
Star Bulk Entire Fleet Goes for Scrubber
Star Bulk Carrier plans to install scrubbers in its entire fleet by 2020.
It has secured 3% debt to cover up 70% of...
Stena Oil To Operate Frederikshavn Bunker Terminal
Control of an oil and bunkering terminal at the Danish port of Frederikshavn has been transferred from the port to Swedish firm Stena Oil,...
HHI Designs World’s First Lashing-Free Containership
Hyundai Heavy Industries (HHI) has obtained design approval for its new-concept containership that does not require fixing of containers, says an article published on...
LATEST REVIEWS
QP Places $760m Worth LNG Order With China
Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese shipbuilder, as demand for the fuel...
