The Baltic Briefing has released a report about the dry bulk market of the 36th week of shipping activities of this year. The report dated 6th September highlights the fate of the dry bulk market at the on-sight of...
In a major development, MacGregor which is part of Cargotec, has announced that they have designed the cargo system for the world’s largest container ship in close collaboration with MSC from an early stage of the project. reports Riviera...
In a major development, Total has announced that they want to maintain ‘flexibility’ either sourcing directly from its refineries or blending heavy fuel oil and distillates to help its clients navigate the transition. Keeping this in mind, TOTAL’S marine...
Swedens Pallas Group has added its first crude tanker, reports Splash247.
Tanker renamed Pallas Orust
Smart Energy, a subsidiary of the company, has snapped up the 114,000 dwt Pytheas (built 2004), a ship sold by sold Greek owner Tsakos in...
Since Chinese trade and economic statistics are typically opaque, we’re going to look primarily at the American economy to see how it has been affected by Mr. Trumps’ trade war, and see what we can forecast for the future,...
In a major development, Alliance partners Maersk and MSC have announced that they are to “temporarily suspend” their AE2/Swan Asia-North Europe loop from the end of the month until mid-November, removing up to 20,000 teu a week from the...
Euronav has filled up the world's largest oil tanker with compliant fuel.
Meeting a substantial portion of its entire fleet's needs for 2020.
Suppliers of compliant fuel abound as the predicted market mayhem appears far fetched.
From 1 January...
Years of preparation for the upcoming IMO 2020 regulations was condensed into Monjasa’s first ship-to-ship supply of the new bunker fuel with a maximum 0.5% sulphur content, say a press release published on their website.
How was it done?
The operation...
The market remains in a neutral as it is in a range between USD 61.50 and USD 57.23 with flat EMA's confirming near-term price action is neutral.
Bearish as price remains below longer-term averages.
Though technically bearish to...
An increasing number of vessels are registered vessels are now registered under its flag, which also promotes high-quality standards and sustainability in the maritime sector.
It now spans 28 offices in major global shipping and financial centers, including...
