Hugo De Stoop, chief executive of one of the world’s largest crude tanker companies, Euronav, took an hour in September to answer questions from S&P Global Platts on supply and demand, floating storage, strategies to manage the coronavirus pandemic,...
Scorpio Bulkers, Inc., announces the sale of its Kamsarmax vessel, says a press release published on their website.
About the agreement
Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced the company’s agreement with an unaffiliated third party to sell the SBI...
Newbuilding orderbook has touched its lowest point in 17 years due to the COVID-19 pandemic.
Despite the rise in demolitions and decline in deliveries in many sectors, the global fleets continue to grow.
Tanker shipping recorded a...
Singapore’s Consort Bunkers obtains 2 product tankers from Xihe Group.
Xihe and four of its subsidiaries were placed under interim judicial managers at the request of major creditor OCBC.Consort Bunkers acquires Xihe tankers, writes Jason Jiang for Splash247.com...
NYK Line and JMU have agreed to introduce a new shipbuilding contract that guarantees propulsion performance under sea conditions that include wind and waves.
Improvements to satellite and internet of things (IoT) technology has become possible to efficiently...
5G Blueprint is one of 11 projects recently funded under the EU’s Horizon 2020 scheme and looks into using 5G for cross-border remote operation of road and maritime transport and logistics reports the Ship Technology.
How could 5G benefit seamless...
The oil tanker industry is involved in the transportation and storage of crude oil, natural gas, and related products. The depressed demand for oil due to the COVID-19 pandemic has reduced the demand for oil transportation. That's been partially offset...
US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will head to the courts if there is evidence of collusion on the transpacific trades, says an...
HMM has opened a comprehensive fleet control center for the safe and efficient real-time monitoring of smart ships built or ordered by the creditor-controlled company.
The fleet control center, established at the research institute of HMM in the...
The Baltic Exchange has released a report about the dry bulk market for the 39th week of shipping activities of this year. The report dated 25th September highlights the plight of the dry bulk market at the on-sight of...
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