According to an article published in RNZ, the captain of a cargo ship which drifted on French Polynesia has been convicted. Final verdict The conviction of a captain whose cargo ship drifted onto a reef in...

  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 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...

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...

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...

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...

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...

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...

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 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...