A US government report warns, unchecked climate change will cost the US hundreds of billions of dollars and damage human health and quality of life. The warning that contradicts Unchecked climate change will cost the US...

Mitsui O.S.K. Lines conducted drill on 16th November. Overcrowding in the shallows caused the collision of MOL LNG carrier with a fishing boat near Akashi Kaikyo Bridge. Collision damaged carrier hull and fishing...

MIT research published in ACS Nano describes a new way to overcome the effect of condensation on omniphobic surfaces. Latest models use liquid surface tension to prevent penetration into tiny surface pockets of...

Highlights Busy start for the NWE coaster - various charterers booked Tight shipping availability and struggle to find suitable tonnage Delays on vessels waiting to discharge Propylene in ARA came to an end Larger semi-ref vessels saw...

Highlights Norton Rose Fulbright takes on the role of an advisor for a major transaction The client has been identified as Global Ship Lease, US-listed containership charter owner Creation of charter-adjusted fleet value of US$1.3 billion ...

Highlights Richard Branson's Virgin Voyages launches adults-only cruise ship to Cuba Assembly of the Cuban Resistance unhappy over the announcement Claims that Cuban port facilities used by the cruise lines are confiscated property Design is...

Highlights Indian Oil Corp is set to produce compliance fuel Marine Gasoil production remains open Tests for 0.5% sulfur compliant grades positive Too early to lock in commercial contracts In a Platts interview, IOC Chairman...

Capesize After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted a strong fourth quarter have, as yet, offered few reasons...

NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by Corporate Finance and Treasury Association of JAPAN (CFTAJ) in Tokyo...

Revenue $390.4 million for 9M 2018 $141.5 million for Q3 2018 Cash from operating activities $39.6 millionfor 9M 2018 $10.1 million for Q3 2018 Adjusted EBITDA $134.1 millionfor 9M 2018 $62.8 million for Q3 2018 Fleet renewal...