Variegated Supplies Elevate Panama As Regional HSFO Bunkering Hub
Diversification leads to competitive pricing in Balboa.
Ecuador is an important high sulfur bunker supplier into Panama.
17% of total bunker sales in Panama correspond to high sulfur fuel.
The high sulfur bunker fuel...
Potent Charter Rates Entice Chinese Dealers For Ship Purchases
Supercharged charter rates lure Chinese entrepreneurs into buying ships.
The Loadstar has learned that since mid-2020, when the container market began booming.
A number of Chinese companies have been incorporated especially to take advantage...
Blockchain Technology To Cut Down Oil & Gas Operational Costs
In light of the prevailing uncertainty in global energy demand, there is a heightened focus on cost reduction across all functions in the oil and gas industry.
Industries are seeking to simplify transaction...
Oil Tanker Missing For More Than a Month
A Guyana-flagged oil tanker operated by a company in Dubai has been missing for more than a month after taking on a shipment of crude oil valued at over $30 million headed for China.
...
China’s Delta Outbreak To Decelerate The Global Economy
On July 20, Chinese authorities detected a cluster of Covid-19 cases in the eastern city of Nanjing.
The virus soon spread across the country, with dozens of cities reporting infections fueled by the...
DP DHL To Obtain The Ocean Freight Forwarding Expert
Deutsche Post DHL Group (DP DHL) has revealed plans to acquire ocean freight forwarding expert JF Hillebrand Group and its subsidiaries.
The move follows the company recently admitting that it is taking an...
Eneti Acquires Seajacks
Eneti Inc. has completed the acquisition of the 100 per cent share in Atlantis Investorco Limited.
Atlantis Investorco is the parent company of Seajacks International Limited.
The transaction was completed on 12 August,...
DP World Completes Successful Trial of High Bay Storage System
63,000 container moves carried out at full-size proof of concept installation in Jebel Ali Port
Data gathered shows BOXBAY is even more efficient than anticipated
Innovative technology makes possible dramatic improvements to the...
Cargo Ship Stranded Without Fuel
As the Kitimat aluminum smelter strike enters its fourth week, the captain of a Norwegian cargo ship trapped at a dock since July is calling on the the union and Rio Tinto to...
Scrubber Overboard Pipe Repairs
Hydrex sent a team to give a temporary solution to the ship that was not allowed to sail to drydock without a repair, says a press release published on their website.
Corroded scrubber overboard pipes...