Cabinet Council of the Government of Panama has officially approved the modification of the Panama Canal tolls structure. The proposed tolls modifications were...

Improved cash return on invested capital at 6.9% and synergies of USD 1bn realized earlier than expected. In Jan 2019, they formed one...

ESG alleged that commercial interests were prioritized in the recent LNG ship to ship transfer. The STS occurred in Gibraltar waters last week...

According to an article published in Platts, all eyes are on oil prices after the attacks on Saudi Arabia's oil facilities over the weekend. A...

International Chamber of Shipping conference was told that freight rates are likely to double during the transition to greener, zero-carbon marine fuels, says an...

According to a Reuters report, Asia’s cash premium for 380-centistoke (cst) high-sulphur fuel oil (HSFO) cargoes surged to a fresh record on Friday. Cash premium...

The expected price differential between fuels with a high sulphur content and 'compliant' fuels will benefit owners that have invested or are considering in...

The IMO’s Ballast Water Management Convention (BWMC) is likely to rekindle scrapping activity in the crude tanker market in the remainder of 2019, although...

Malaysia’s Petronas is poised to provide LNG bunkering services starting 1 January 2020. The Southeast Asian LNG major player has ambitions to become...

Acquisition of 3 VLCC New Buildings with 5-year charters by SFL. Net purchase price will be $180 million, or $60 million per vessel,...

The Baltic Briefing has issued the tanker report for the 37th week of this year. The report dated 13th September 2019 provides a valuable...

Ships and ship hulls are important part of the ships that are responsible for some critical environmental damage. The marine life present on these...

Recently CIMAC along with industry stalwarts such as shippers, refiners, and suppliers have issued guidance regarding 2020 fuel compliance. Part of this guidance concerns...

According to a Reuters report, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, stretched its losing...

Expansion of the Houston Ship Channel is crucial to US national and economic security and for regional prosperity. Greenpeace protesters shut off access...

  An offhand LNG supply demand growth in Asia, notably from the US, supports the view that European gas hubs will balance the global LNG...

Golden Ocean has signed a non-binding term sheet to buy 10% of a bunkering joint venture (JV) together with global trading giant Trafigura,...

A number of the world’s biggest banks have joined forces with the Global Maritime Forum and other industry leaders to develop the Poseidon...

Fujian Mawei Shipbuilding Ltd has placed orders with PG Flow Solutions to supply large liquid-cargo systems and associated equipment, reports SteelGuru. The order Fujian Mawei Shipbuilding...

According to a Platts report, India may look at renegotiating pricing of its long-term LNG import contracts to help reflect falling rates of the...