World’s Biggest Ship of WA Coast Farewells First LNG Shipment
The first LNG shipment has sailed from the world's largest marine facility anchored off WA's North West, reports the Sydney Morning Herald.
What is it?
Shell's 488m-long floating LNG facility Prelude transferred its first shipment of...
IMO Secretary-General Commits to Sustainability Goals at Nor-Shipping Conference
In a major development, IMO Secretary-General Kitack Lim delivered a strong reminder about the vital importance of balanced and sustainable development to delegates at the Ocean Leadership conference at the Nor-Shipping 2019 conference in...
Star Bulk Carriers Corp. Tackles IMO 2020
IMO 2020 disruptions, delays in shipyards and restocking Chinese iron ore port inventories to create opportunities in late 2019 and early 2020.
Star Bulk plans to secure scrubber installations for 93% of the...
South Korea Regains Top Spot in May Shipbuilding Orders
According to an article published by World News Monitor, South Korea edged China for the first time in three months to recapture the No. 1 spot in global shipbuilding orders.
Top spot in global shipbuilding orders
Based...
Baltic Tests 1,100 Level on Increased Cargoes
The BDI has broken into the 1,100 level, registering at 1,107 for the day. However, the BDI eased later toward the end of the week settling under 1,100.
Capesize 5 time charter average...
A Small Shift in LNG Market May Bring Big Boost for Shipowners
The complexity and cost of keeping natural gas in liquid form on ships for extended periods meant it wasn’t widely used until last fall.
These bets backfired when a mild winter damped requirements...
IMO Joins for Discussion at Nor-Shipping Event in Oslo, Norway
According to an article published by Port News, a wide-ranging discussion during the "Africa@Nor-Shipping" event in Oslo, Norway held on 5 June explored a host of topics related to unlocking the full potential of...
Midwest Supplies Hindered by Floods Resulting in Stalling of Barges
According to an article published in STI Today, hundreds of barges are stalled on the Mississippi River, because of strong winds, snow, rainstorms and flooding.
What happened?
The Lock and Dam 17 on the Mississippi...
Stockpiling for LSFO Components, Paper Trading Ramps Up in May
Liquidity in the derivatives markets along with testing and stockpiling demands increased throughout the year.
Singapore premiums for 0.5%S to the Mean of Platts Singapore 380 CST HSFO kept rising in the month,...
Three Missing After Tanker Blast in Russia’s Makhachkala
Russia's Transport Ministry said that three people were missing and two injured on an oil tanker while it was pumping oil in the southern Russian port of Makhachkala, reports New York Times.
What happened?
Three people...