Shipping Company Fined $1.65 Million for Concealing Oily Water Discharge
A Singapore-based shipping company was fined $1,650,000.
Unix Line PTE Ltd pleaded guilty to a violation of the Act to Prevent Pollution from...
Chinese LNG Demand To Rebound! US, Europe Demand Outlook Unclear!
Chinese LNG demand is expected to be back strongly while the demand outlook for Europe and the US remains unclear.
Woodside's trading team...
Soo Locks Reopen for 2020, 700-foot Freighter Passes Through!
The Soo Locks reopened to Great Lakes freighter traffic after winter maintenance.
H. Lee White is the first freighter to go through the...
Wallenius Wilhelmsen Initiates Strong Actions To Tackle COVID-19
Wallenius Wilhelmsen has withdrawn the proposed dividend for 2019.
It has placed up to 10 vessels in cold lay-up in order to address...
Cargo Ship Attacked by Pirates in Gulf of Guinea
According to an article published in GNN Liberia, a cargo ship was attacked in the Gulf of Guinea.
What happened?
On March 27, a cargo 'LANA'...
Latest Bombshell from Britain! Regulations To Remain on Papers?
Viswa Lab in its latest technical update has quoted the report published in GCaptain, regarding the British government stating reasons including the COVID‐19 problems...
[Infographic] Jet Fuel Causes Oil Demand To Tumble
Air flight cancellations continue to ramp up across Europe and the US, while India is in lockdown.
Flights flown are now down 40% from before...
The Humming of Chinese Industries Return As Rest of the World...
While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns.
Employees...
LNG Spot Cargoes Exceed as Demand Trips Amid Coronavirus Pandemic
LNG suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand crumbles globally due to the coronavirus...
Wind Propulsion Solutions To Curb GHG Emissions
Comoros flag submitted a wind propulsion information paper to IMO's Marine Environment Protection Committee stressing that wind propulsion, as one of the leading...