Germany’s Hapag-Lloyd has booked the HFO-to-LNG conversion, reports Logistics Middle East.
HFO to LNG conversion
Hapag-Lloyd has registered the HFO-to-LNG conversion of UASC’s 15,000 TEU ‘LNG-ready’ container ship, Sajir, acquired in its 2017 take-over of the Middle East shipping line.
The work...
With a single Tweet from President Trump, the flames of the US and China trade war have rekindled and rattled the global markets, based on an article by Freight Investor Services.
Political instability
Political instability between the US and China shook...
The Baltic Briefing has issued the tanker report for the 20th week of this year. The report dated 17th May 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Despite healthy inquiry, rates...
Global alternative investment firm Värde Partners and Landbridge VLCC International, has announced a sale and lease back transaction of a very large crude carrier (VLCC), says an article published in Deal street Asia.
What is in the deal?
The sale of...
Gaslog held a keel laying ceremony for its LNG carrier currently under construction at SHI shipyard, says an article published in LNG World News.
Keel laying ceremony
Monaco-based LNG shipper GasLog announced that it has held a keel laying ceremony for...
According to a report published in the Shipping Herald, the Executive Director of TORM, Jacob Meldgaard has said that TORM’s results in the first quarter reflect the Company’s strong operating performance in a product tanker market where a significant...
In a major development, Maersk Product Tankers has announced that they have entered into a sale and leaseback agreement with ICBC Financial Leasing Co., Ltd. for four of their MR vessels built in 2015 and 2016, says a press...
JB Hunt has entered the freight forwarding sector after receiving an NVOCC license from the Federal Maritime Commission.
FMC ocean transport intermediaries (OTI) database lists JB Hunt as an authorized NVOCC with its license due for renewal on...
Diamond S Shipping (DSS) reported a net loss of $1 mill and adjusted EBITDA of $30.3 mill, for the first quarter of this year, reports Tanker Operator.
Better tanker market conditions
The net loss, compares to a net loss of $13.7...
The Baltic Briefing has issued the tanker report for the 19th week of this year. The report dated 10th May 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
An uninspiring week for...
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