Performance Shipping Signs MoU To Sell Its Panamax Container
According to an article published in Seeking Alpha, Performance Shipping has agreed to sell its Panamax container vessel.
MoU agreement
Performance Shipping has announced that it...
AG&P And Chart Industries To Form New LNG Partnership
AG&P has entered has drawn up an MoU with Chart Industries Inc. to develop small-scale LNG infrastructure.
The small-scale LNG infrastructure will serve...
Term Rates for Clean Tankers High Ahead of IMO 2020
The 2mn b/d in global seaborne distillates exports increase would be the largest annual increase in at least 19 years.
Contribute to 8.4pc...
TMC Compressors To Supply for Chinese Shipbuilder
Shanghai Zhenhua Heavy Industries (ZPMC) has placed an order with TMC Compressors to supply a marine compressed air system for a news pipelay vessel,...
2020 Compliant Fuel Storage in Singapore at 2.9 Mn t
Inventories of IMO-compliant fuel oil and blending products reached 2.9mn t in Singapore on floating storage vessels at the end of August, according to...
Trafigura Takes Up Share Deal With Scorpio
Scorpio Tankers has agreed to acquire Trafigura subsidiaries that have leasehold interests in 19 ships in an all-share transaction worth $803 million, reports Reuters.
Upswing...
Weekly Maritime Security Report – Week 33, 2019
Protection Vessels International has released the 33rd Weekly Maritime Security Report of 2019. The report summarized on 18th September 2019 highlights the various incidents...
Tug Shows the Future of Autonomous Shipping
An article in Maritime Executive details the interesting future of autonomous or remote controlled tugs, explaining why it is important to pay more attention...
Monjasa Implements IMO Grade Marine Fuels
Monjasa is in preparation for a rapid change over to implement IMO compliant marine fuel 0.5% S in Panama.
Marine fuel 0.5% S...
Shipping Retaliates To Investor by Forming ‘Zero Coalition’ To Reach 2030...
Leading ports, banks, oil and shipping companies launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the...
DNV GL Focuses on Flexibility in Its 2050 Decarbonization Forecast
DNV GL – Maritime has forecasted the future of shipping industry and advised on being flexible to have a better outcome in its newly...
Shipping Environmental Efforts All ‘Set to Go’
The maritime industry is moving full steam ahead toward overhauling how ships get their power despite dissent from some vessel owners over the impact...
CMA CGM’s Tightening Liquidity Signals Rising Default Risk
Something doesn’t look right in CMA CGM’s short-term liquidity profile, given the massive widening in negative working capital since the latest IFRS accounting changes...
2019 World Maritime Day Theme – Women Empowerment
In a recent development, IMO announced that this year's World Maritime Day theme is “Empowering Women in the Maritime Community” as the community celebrates...
[Answer] Why Scrubber Corrosion Occurs & How To Prevent It?
As the 2020 sulphur regulations is nearing, the scrubbers have become the most vital choice of shipowners. Yet, many aren’t aware of scrubber corrosion...
MPC Joins Trident Alliance in Preparations of Their Scrubber Charters
In a major development, MPC Container Ships ASA (the "Company") has announced that they are enrolling in the Trident Alliance, a coalition of shipping...
The New ConTex – Container Ship Time Charter Assessment Index Week...
The ConTex (Container Ship Time Charter Assessment Index) has been published by the Hamburg Shipbrokers’ Association (VHSS) since October 2007. In May 2010 the...
Drewry VLCC Scrubber Cost Insights
The uncertainty about what will happen to bunker prices after 2020 is creating something of a dilemma for tanker owners. In this article Drewry...
British Prime Minister Broke the Law?
Boris Johnson's decision to suspend Parliament was unlawful, the Supreme Court has ruled, reports CNN.
Disagree but Respect
Mr Johnson suspended - or prorogued - Parliament...
A Whopping Investment for Ship Improvisation
Cruise Lines International Association (CLIA) said that its Cruise Lines have invested more than $22 billion in ships with new, energy-efficient technologies and cleaner...
