Panama Likely To Lose MGO Sales Advantage
The global marine fuel regulation could diminish the price advantage for marine gasoil (MGO) that Panama enjoys over other Latin American countries, reports Argus...
Weekly Bulk Report – Week 25, 2019
The Baltic Briefing has released a report about the dry bulk market of the 25th week of shipping activities of this year. The report...
Sembcorp Marine Secures $1.5 Billion Loan To Position for Offshore Recovery
Sembcorp Industries has provided Singapore’s offshore rig builder Sembcorp Marine with a five-year subordinated loan facility of $1.5 billion.
The move is expected...
Panama Canal Increases Passenger Ship Tariffs
In a major development, the Panama Canal Authority's board of directors has announced that they have approved a proposal to modify the Panama Canal...
KSS Expands VLGC Fleet With a $148m New-building Order
KSS Line is expanding its fleet with a newbuilding order for up to two VGLCs at HHI.
Deal is for one 86,000-cbm standard...
Maersk’s First Phase Share Buy-Back Program
According to a press release published on Global Newswire website, on 3 June 2019, A.P. Møller - Mærsk A/S (the Company) announced the first...
Weekly Maritime Security Report – Week 22, 2019
Protection Vessel International has released the Maritime Security Report for Week 22 of 2019. The report formulated on 18th June 2019 highlights the various security...
Heavy Rainfall Causes Panama Canal Draught Reduction Being Postponed for Third Time
According to a Seatrade Maritime News article, the Panama Canal Authority (ACP) has again postponed a further draught reduction, which would have been the...
Nor-Shipping 2019 Witnesses “Dubai Maritime Virtual Cluster” As the Show Stealer
Dubai Maritime Virtual Cluster" platform’s Knowledge and Research platform influences the maritime services allures visitors to Nor-Shipping 2019.
Maritime cluster boasts of a...
Ferries and RoPax Vessels Gets Azipod® Power Range of ABB
The 1990 launched Azipod® electric propulsion has become industry standard for vessel segments, with newer addition covering the power range of 1-22MW.
The...
