Key Market Indicators of American Bunkers This Week

Pricing for retail marine bunkers entered the week beginning July 26 on a firmer foot but facing an uncertain oil complex, which could see effects on demand from a resurgent global spread of the...

ABS Guide on Operating Ballast Water System

ABS gives some new advice on operating ballast water systems, including regulatory extensions, challenges with shipyards, says a press release published on their website. The Delays exacerbated The COVID-19 pandemic has not spared vessel owners from...

PGNiG Signs Charter Contract for LNG Carrier Duo

PGNiG Supply & Trading signed a contract for chartering two LNG carriers. The vessels will be built exclusively for the PGNiG Group and will enter service in the first half of 2024, says a...

Guangdong Energy Kick Starts Construction of 1$b Gas Terminal

China’s Guangdong Energy has started building the $1 billion Huizhou LNG import terminal, says an article published in Offshore Energy. Celebrated ceremony Guandong Energy held an official ceremony on 23 July to celebrate the beginning of construction. Huizhou is...

Nordic American Tankers Plans To ‘Renew & Expand’ Fleet

Nordic American Tankers to sell older ships as it pushes for fleet renewal, says a press release published on their website. Renewal planed The New York-listed Suezmax specialist said it will sell at least two vessels...

AmmPower Enters MOU To Provide Green Ammonia Energy Solutions

AmmPower announce that it is has entered into an MOU with Porto Central for the development of a green ammonia production facility, storag and distribution, says a press release published on their website. Developing new...

Ascenz Launches “eBDN” To Enhance Bunkering Operations

Ascenz, the Singapore-based GTT Smart Shipping Company, launched the Electronic Bunker Delivery Note (eBDN) solution to improve the efficiency and the transparency of the bunkering process, says a press release published on their website. Ascenz's...

The Importance of the Interplay Between Shipbuilding Contracts & Charters

While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth, says an article published on Watson farley &...

ABS Led Consortium Studies On Alternative Fuels & Decarbonization Technologies

A consortium led by ABS, along with CE Delft and Arcsilea is to perform six studies on alternative fuels and decarbonization technologies for the European Maritime Safety Agency (EMSA), says an article published in...

Weekly Bulk Report – Week 29, 2021

The Baltic Exchange has released a report about the dry bulk market for the 29th week of shipping activities of this year. The report dated 23rd July highlights the dry bulk market conditions at...