Infographic – Europe Balances Global LNG Market

  An offhand LNG supply demand growth in Asia, notably from the US, supports the view that European gas hubs will balance the global LNG market for the rest of the year, reports S&P Global...

Global Ocean’s JV To Help Evade Significant Risks?

Golden Ocean has signed a non-binding term sheet to buy 10% of a bunkering joint venture (JV) together with global trading giant Trafigura, and tanker company Frontline. The JV will ensure a prompt...

What Do the Poseidon Principles Promise?

A number of the world’s biggest banks have joined forces with the Global Maritime Forum and other industry leaders to develop the Poseidon Principles. The initiative is expected to evolve as the IMO...

Wartsila Design MPSVs To Get PG Solutions Liquid-Cargo Systems

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 Ltd has placed orders with PG Flow Solutions to supply...

Review of Long-term LNG Contract Prices?

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 spot market, said on Monday. Open for negotiation India is open to...

INTERTANKO Developing IMO 2020 Implementation Practical Guide

Practical challenges with fuels availability and compatibility. Flag and Port States to implement the regulation uniformly and consistently. Scrubbers increasingly viewed as a vital solution to alleviate the pressure on low sulfur fuel...

Weekly Maritime Security Report – Week 32, 2019

Protection Vessels International has released the 32nd Weekly Maritime Security Report of 2019. The report summarized on 3rd September 2019 highlights the various incidents that took place in the past week. Indonesia: Robbers board tug...

IMO To Host Fuel Symposium

IMO is hosting a Symposium on IMO 2020 and Alternative Fuels  on Thursday, 17 October and Friday, 18 October 2019 in the Main Hall at IMO Headquarters, reports SeaNews. Aims of the symposium ​Aim of this...

CMA CGM Faces Loss & Takes Up ‘Market Share Over Profit’

According to an article published in the LoadStar, CMA CGM has incurred a net loss of $109m in the second quarter, taking the French transport and logistics group to a first-half loss of $152m. Ceva...

Maersk Launches New Customs Navigator for Greater Data Visibility

In a major development, Maersk North America has unveiled Maersk Customs Navigator as it looks to broaden its platform and improve user experience, says an article published in Port Technology. Greater Data Visibility According to a...