Crude Oil Tanker Market To Have A Long & Painful Recovery
The outlook for the global crude oil tanker market remains difficult for the near term, according to a new analysis from maritime research consultancy Drewry, reports Maritime Executive.In a year-end analysis, they point to...
Seacon Orders Two Brand New Carriers to be Constructed
Chinese owner Seacon Shipping has placed an order at CSSC-affiliated Huangpu Wenchong Shipbuilding.
The order is for the construction of two 85,000 dwt kamsarmax bulk carriers.The order is an option exercised by the...
Tanker Demand in 2020: Way Below Expectation
Tankers had an exuberant end to 2019.
The outlook for tankers in 2020 was universally promising.The expectations were for a rebound in refining activity in 2020, partly from IMO 2020, but also oil...
Ocean Yield Announces Sale of Handysize Bulker
Norwegian owner Ocean Yield has announced the sale of its 2018-built 39,800 dwt handy bulker, reports Splash247.
Vessel under long term charter
The vessel, La Loirais, has been employed on a long-term charter to Louis Dreyfus...
Upcoming Regulation Updates in Relation To Ship Recycling
A Standard Club article provides an overview of some of the important international regulations that will enter into force in end-2020 and 2021, including the European Union (EU) requirement in relation to ship recycling.
Coronavirus...
MOL ‘Stands Tall’ in the World’s Most Valuable Fleet of LNG Carriers
An article in Riviera Maritime Media breaks down the 'Top five LNG carrier owners.'
Mitsui OSK Lines
Japan’s Mitsui OSK Lines (MOL) has the world’s most valuable fleet of LNG carriers, worth close to US$6Bn, according...
Rising Piracy Amid Pandemic Cause Great Concern for Sailors
Amidst the rising incidents of piracy among the world suffering from the global pandemic, the sea transport organization MUI said that it is a major cause of concern for more than two lakh Indian...
Bocomm Leasing Signs $600m Contract for Boxship Quartet
Chinese leasing house Bank of Communications Financial Leasing (Bocomm Leasing) has entered into shipbuilding contracts with CSSC-affiliated China Shipbuilding Trading, Jiangnan Shipyard and Hudong Zhonghua Shipbuilding for the construction of four 24,000 teu mega...
Blue Ammonia Value Chain Joint Feasibility Study
Japanese firms study the possibility of producing and shipping blue ammonia produced in Russia, reports Argus Media.
Blue ammonia production
Backed by state-owned energy agency Jogmec, Japanese firms plan to study the possibility of producing and...
Is The Oxford Vaccine Effective Against The New Strain?
While the world is battling a new strain of coronavirus, experts have now turned their attention to making sure the existing vaccines work against the new variant too, reports Wion News.
The Oxford Vaccine
Considering the...