Strong Mediterranean Market Lifts Gibraltar Bunker Prices High
Bunker fuel prices at the Bay of Gibraltar reach highest level in nearly 3 months.
The 380 CST bunker fuel oil was at $435/mt, highest point since November 21, 2018.
3.5% HSFO CIF...
Singapore’s Pavilion Energy Charters First LNG bunker Vessel
In a major development, Singapore’s Pavilion Energy announced on Monday that they have chartered their first liquefied natural gas (LNG) vessel which would be used in bunkering, or marine refueling, in the city-state, reports...
53 Vessels, 281 Samples and 54 Tests Prove Scrubber Washwaters Are Safe
A comparative study between scrubbers and other water standards provides useful information regarding scrubber washwater quality
The 3-year long study done comprising of 53 vessel discharge testing with 281 samples in 54 thorough...
Sinanju to Operate Large LNG Bunker Tanker as They Expand into LNG Bunkering
Sinanju Tankers Holdings has entered into a shipmanagement collaboration agreement with Japan’s Mitsui OSK Lines (MOL).
Contract is to manage one of the initial two LNG bunker tankers to be deployed in Singapore...
Tides Changing: World’s First Black Woman Cruise Ship Captain
Back in the not-so-good-old days of cruising, women were considered to be bad luck on ships, a distraction to the crew and an anger to the seas, says Laura Bloom in an article published...
2019 Dry Bulk Orderbook Summary
Post-Panamax sector and Panamax accounts for the highest order book to in-service vessels percentage, at 24% and 2% respectively.
Handysize vessels stand at 21% with an average age of 17 years. The vessels...
Tanker Report – Week 8, 2019
The Baltic Briefing has released a report about the tanker market of the 8th week of shipping activities of this year. The report dated 22nd February highlights the plight of the tanker market at...
How To Raise US$50M and Purchase Three Tankers in 18 Months
Raising money for your maritime activity is a herculean task especially if it has to be done in a short period. AG Shipping & Energy's global head and head of trading, Mangish Kakodkar shared...
Venezuela’s $500 Million of Crude Finds No Takers
Venezuela is running out of storage space to store $500 million worth of crude oil following new U.S. sanctions in January.
Oil ventures owned by PDVSA with Rosneft, Chevron, Total SA and Equinor ASA...
TEN’s 158,000 dwt Suezmax Tankers Up For Long-term Charters
Signed for two 158,000 dwt suezmax tankers
$300 million in Potential Maximum Time Charter Income
5 to 12-year contracts with a significant oil major
Strategy for Continuous Responsible Growth
TEN (Tsakos Energy Navigation) announced...