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...
Grindrod Shipping Seals Transaction With a Japanese Ship Owner
Nasdaq-listed Grindrod Shipping has sealed a sale and leaseback transaction with a Japanese ship owner.
The transaction is for 2010-built 33,100 dwt handysize dry bulk carrier IVS Knot.
Vessel was sold for $13m...
2019 List of Flags and Recognized Organizations Came Into Effect This July
It was decided in the 52nd meeting of Paris MoU Committee last year that the 2018 inspection results warrant the adoption of new performance lists for flags and Recognized Organizations (ROs) which will take...
Current Futures Prices and Refiner Processing Options
IMO 2020-compliant marine fuel purchase for vessels without scrubbers will start in the next three months, VLSFO being the primary IMO 2020 compliant product.
Future contracts should begin trading in volumes sufficient to...
[Watch] Mammoth Cruise Ship Almost Crashes into Venice Port
A terrifying footage has captured the moment a giant cruise liner lost control in strong winds and almost crashed into a Venice port, says an article published in One News Now.
What happened?
'Costa Deliziosa' cruise...
Royal Caribbean Gets Third LNG Cruise Ship by Meyer Turku
Meyer Turku Shipyard seals a deal for its third Icon class cruise ship for Royal Caribbean Cruises.
Construction of the 200,000 gross tonnage cruise ship will begin in spring 2020 and be delivered...
‘Peak Season’ Witnesses Haphazard Spot Rates and Container Carriers
Asia-Europe ocean carriers fail to push up container spot rates as they head into the peak season, with a slippage for rates.
The North Europe component declined by a further 1.9%, to $688...