In a major development, Maersk is planning to add new members to its Board of Directors, reports Globe Newswire.
Why is it needed?
At the ordinary Annual General Meeting which will be held on 2 April 2019, Dorothee Blessing, Niels Bjørn...
Korea Gas Corporation (KOGAS) has redirected cargoes of liquefied natural gas (LNG) from South Korea to northwest Europe this winter for the first time, reports Reuters.
KOGAS changes destination
Three KOGAS cargoes from a U.S. LNG offtake deal have been diverted...
Last month a team of Hydrex diver/technicians traveled to Tenerife for an underwater propeller blade straightening on a 246-meter cruise ship. Almost simultaneously another team cropped the heavily bent blades of a 200-meter vehicle carrier in Antwerp. In both...
The Baltic Briefing has released a report on March 1, 2019. It specifies the freightos baltic container of the 8th week of shipping activities of this year. The report highlights the plight of the container market at the on-sight of...
Qingdao Pengteng has acquired a 1,050 teu boxship and has named it 'Bal Boan'.
The boxship is fitted with Unifeeder for two to four months for trading in northwest Europe and the Baltic at EUR5,700 a day.
The company's fleet strength has...
As new pipeline capacity of US crude export brings more cargo to sea, it is breaking records and setting a new benchmark on how this crude is dealt with at the terminals, says a report published in Petroleum Economist.
The...
Ocean Yield ASA ("Ocean Yield") in a press release announced that it has taken delivery of the modern suezmax crude tanker "Milos", says an article published in Portnews.
Bareboat charter
The vessel was built in 2016 by Sungdong Shipbuilding in Korea...
Signed for two 158,000 dwt suezmax tankers
$300 million in Potential Maximum Time Charter Income
5 to 12-year contracts with a significant oil major
Strategy for Continuous Responsible Growth
TEN (Tsakos Energy Navigation) announced its contract for the building...
The Baltic Briefing has released Bulk carrier maritime activity report for the 8th week of this year. The report formulated on 22nd February 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter...
Brent crude oil prices hit 2019 highs above $65 per barrel, reports FIS.
What is the reason?
Brent crude oil prices hit 2019 highs above $65 per barrel, spurred by OPEC-led supply cuts and a partial shutdown of Saudi Arabia’s biggest...
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