DHT Holdings, Inc. Announces $50 Million Scrubber Financing
In a major development, DHT Holdings, Inc. announced that they have a secured financing commitment for their earlier publicized scrubber retrofit project. The $50 million scrubbers funding is subjected to final documentation.
Details of the Project
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Confidence Slips Marginally on Geopolitical Factors
According to the latest Confidence survey, the shipping confidence has slipped to a slight low in the three months to end-August 2018.
A decrease in average confidence
The average confidence level expressed by respondents was down to...
No Delays to Implementing Shipping Fuel Sulfur Cap in 2020: IMO
On September 25, the International Maritime Organization (IMO) announced that there will not be any delay implementing a reduction in the amount of sulfur in marine fuel in 2020.
No delays expected
During the Asia Pacific...
Swiss Shipper in Touch with Pirates Who Took 12 Crew Hostage
Swiss Shipper established a contact to rescue the hostages taken on September 22, in the Nigerian waters.
What happened?
The bulk carrier carrying wheat was en route from Lagos to Port Harcourt when it was attacked by Nigerian...
First LNG-fueled Bulk Carriers to Cross Northern Sea Route
Two 160-meter long vessels making through Russian Arctic shipping route
The 25,600 dwt sister ships "Haaga" and "Viikki" are making their maiden voyage
World’s most environmentally friendly bulk carriers
These LNG-fueled vessels generate 50 %...
This is How Maersk Supply Service will Make Money in the Future
Maersk Supply Service expects that after a challenging 2015, and the same in 2016 and 2017, but says that no year will be as tough for the oil and gas sector as 2018.
2018- toughest...
[Watch] Empty Shells: Inside the Illegal Abalone Trade
Efforts to curb South Africa's illegal abalone trade crisis are failing. A new TRAFFIC documentary investigates a shadowy underworld where violence, drugs, and wildlife crime meet.
Abalone populations are facing collapse whilst organised poaching is...
Ghost Ship Mysteries That Remains Unexplained
Ghost ships go a long way in telling tales of lost mysterious ships. Generally speaking ghost ships are remains of ships which went missing mysteriously and more often than not the crew has an...
Can You Name this Ship Part?
Watch out here for the right answers and the winners. Please provide your profile picture and a brief about you to be featured here.
If you have any picture based or text based challenge...
Tanker Report – Week 38
VLCC
Rates for 270,000mt, from the Middle East Gulf to both China and Singapore, were marginally firmer at WS 56.5/57.5, and a US Gulf-bound cargo to the US Gulf done at WS 20 Cape/Cape, but...