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 has signed a Memorandum of Agreement to sell to an...
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 an increasing demand for LNG from countries seeking to import...
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 annual gain in seaborne exports.
One-year time charter rates for...
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, says an article published in Offshore Energy Today.
What would TMC...
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 estimates by oil analytics firm Vortexa, reports Argus Media.
Floating oil...
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 in tanker market
The deal is the latest move by commodities...
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 that took place in the past week.
Congo: Robbers board merchant...
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 to this very specific subject while focusing on the period...
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 market activity has been low on development as participants try...
Shipping Retaliates To Investor by Forming ‘Zero Coalition’ To Reach 2030 Target
Leading ports, banks, oil and shipping companies launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the high seas by 2030, in another step by the maritime...