International Seaways Records 71% Q2 2021 Crude Tanker Earnings
Q2 2021 crude tanker TCE earnings down 70.63% on year
VLCC Q2 freight averaged $4.26 million, Q3 holds at $4-$4.1 million
Merger with Diamond S nearly doubles fleet size, liquidity
International Seaways sees fleet...
DHT Holdings Brings Forward BWTS And Scrubber Installations
DHT Holdings brings forward BWTS and scrubber retrofits
as a result of low rates, DHT took the decision to accelerate drydocking for repairs and retrofits
VLCC owner DHT Holdings is bringing forward a ballast...
ZIM & Data Science Set Up Center Of Excellence In AI
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and Data Science Group (DSG) are establishing a Center of Excellence in the field of artificial intelligence (AI).
The center will develop artificial intelligence and machine...
S. Korea To Provide Tax Rebates For LNG-Fueled Ships
The South Korean government has decided to offer tax rebates for LNG-fueled ships starting next year.
It is taken as part of efforts to develop the country into a regional LNG bunkering hub...
Tanker Detained for Illegal Anchoring
A South Korea-registered tanker has been detained for anchoring off Johor without a permit to do so, reports the Star.
Tanker detained
Johor Malaysian Maritime Enforcement Agency (MMEA) director First Admiral Nurul Hizam Zakaria said the...
MOL Delivers Wood Chip Carrier VANGUARDIA
Mitsui O.S.K. Lines, Ltd. delivered the wood chip carrier VANGUARDIA at Oshima Shipbuilding Co., Ltd.
MOL will operate the vessel, which transports wood chips for Daio Paper Corporation.
Mitsui O.S.K. Lines, Ltd. announced that...
MPC Container Ships ASA Completes Songa Container Acquisition
MPC Container Ships ASA has completed its acquisition of Songa Container AS.
The consideration is paid partly in cash and partly in new shares, and in total 49,795,250 new shares are being issued...
Wartsila Supplies Battery System To Meet Renewable Energy Targets
The technology group Wärtsilä will supply a 5.2 MW / 5.2 MWh energy storage system to provide the frequency regulation for the Taiwanese grid.
The order was placed in August 2021 by Shangfa...
GOGL Winds Up CCL Pool Joint Venture
Golden Ocean Group Limited has terminated its relationship with Capesize Chartering.
It is a joint venture to coordinate the Capesize spot chartering services of Golden Ocean, Starbulk, CTM and Bocimar.
Golden Ocean Group Limited...
Japan’s Eneos Ocean Extends LPG Charter Deal With Yara
Eneos Ocean extends LPG charter contract with Yara
the company has signed several contracts to work on the development and promotion of the use of clean fuels in the maritime sector
Eneos Ocean Asia has extended its charter...