2019’s Top 10 Women in Shipping
YoungShip officially announced the 10 Women to Watch 2019 with a formal ceremony at Norshipping. YoungShip believes that for the industry to remain competitive, the shipping industry of the future must have access to...
LNG Receiving Terminal Conceived by Lanqiao Port and Beijing Energy
A strategic agreement between China’s Lanqiao port and Beijing Energy Holding for the construction of LNG receiving station.
The Terminal is invested with an amount of RMB6.7bn ($973m) and is to be constructed...
Vessel Attacks Results in Oil Tankers Dodging Top Mideast Refueling Hub
Higher insurance premiums and risk keeping some tankers away.
Oil trading volumes at port have slumped since 2017 Qatar spat.
Attacks on oil tankers and a U.S. drone have raised tensions around the...
U.S Coast Guard Issues Alert Post a Cyberattack of a Vessel Heading To New...
The U.S. Coast Guard issued an official warning to vessel owners that cyber security at sea needs urgent updating.
This led to an inter-agency investigation of a “significant cyber incident” that had exposed...
Europe Welcomes Chinese Investment, Despite US Concerns!
The United States is increasingly worried about Europe welcoming Chinese investments for increasing its port infrastructure.
China’s Cosco Shipping Ports and Qingdao Port International Development have a 49.9 percent stake in two terminals...
Weekly Tanker Report – Week 27, 2019
The Baltic Briefing has issued the tanker report for the 27th week of this year. The report dated 5th July 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
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US Knocks Cheniere Over Response To LNG Storage Tanks Mishap Agreement
The United States regulators have warned Cheniere Energy that they have withheld two LNG storage tanks at its Louisiana export terminal due to a gas leak.
Shippers are worried that the prolonged shutdown can affect...
Maritime Safety Committee (MSC) – Session 101
MSC has made amendments on a working group on Maritime Autonomous Surface Ships (MASS).
It also discussed a working group on goal-based new ship construction standards.
The committee also discussed a working group...
Ship Finance International’s Investor Capital Not Great?
Today we are going to look at Ship Finance International Limited (NYSE:SFL) to see whether it might be an attractive investment prospect. To be precise, we'll consider its Return On Capital Employed (ROCE), as...
Wärtsilä Empowered Joint Project Produces IMO 2030 Compliant Carrier
In a major development, the technology group Wärtsilä has announced that the Japanese shipbuilder Oshima Shipbuilding, and the classification society DNV GL have delivered the first results of their joint industry development project, says...