Scheduled Cargoes Total More Than 7.3 TWh of LNG
Spain will receive six cargoes totalling more than 7.3 TWh (0.65bcm) of LNG this week, while imports of the liquid fuel in September are set to treble year on year, reports Montel News.
The data...
Supertankers Leap While Box Rates Tumble
Important trans-Pacific container route between Asia and the U.S. continue to slide despite showing mixed signals.
The third quarter was slower than predicted for the ocean shipping sector, particularly for workhorse very large...
Large-capacity Crude Oil Tanker To Cross Northern Sea Route
Aframax crude oil tanker Korolev Prospect has become the large-capacity crude oil tanker to travel the entire length of the Northern Sea Route.
The tanker has traveled the entire length using cleaner-burning LNG...
Cargo Ship Loses Contact With Shore, Search and Rescue Initiated!
According to an article published in TRT World and Jakarta Post, the 190-meter vessel traveling from Halmahera island to Sulawesi island when it sent a distress call shortly before losing radio contact last week.
What...
Singapore 380 CST Bunker Premium on a Record High Due To Tight Supply
The delivered 380 CST bunker premium at key bunkering hub Singapore has soared to a record high as supply dynamics are constantly evolving ahead of IMO 2020.
The cash premium for 380-cst HSFO...
Weekly Bulk Report – Week 34, 2019
The Baltic Briefing has released a report about the dry bulk market of the 34th week of shipping activities of this year. The report dated 23rd August highlights the fate of the dry bulk...
Female Captain To Steer Virgin Voyages’ Scarlet Lady
Captain Wendy Williams will take command of Virgin Voyages' Scarlet Lady next April.
She is the first Canadian woman to captain a ship for a major cruise brand, according to the company.
Virgin...
Will IMO Global Sulfur Cap Take a Toll on Oil Price Differential?
Braemar ACM suggests that the price differential between LSFO and blended fuels is less than $200 per metric tonne.
IMO regulations can cause an impact equivalent to 4.5% of global oil demand.
Price...
World’s First Hybrid Car ‘Emerald Ace’ Transits Boston Harbour
Emerald Ace is the world’s first hybrid car carrier.
It is a 60,200 ton cargo ship built to carry up to 6,400 standard passenger cars and passed through Boston Harbor on August 24.
The...
DryShips’ Privatization Raises Question About All Other Listed Companies
As DryShips goes private, the broader industry question in the wake of privatization plans of DryShips and Teekay Offshore (NYSE: TOO) is whether slumping stock prices will prompt more public players to throw in the...