Singapore Bunker Sales Figure Down 5.2% on Year Last Month
Singapore’s Recorded bunker sales for September 2018 drops by 5.2% against same period last year record.
Sales better by 3.8% from 3.96 million mt in August.
The volume of marine fuel sold at the...
First-of-kind Containment Vessel Taking Shape
Construction of an ABS-classed LNG carrier with 45,000 cubic meters of storage capacity for Saga LNG Shipping Pte. Ltd. was commemorated on 11 September 2018.
Steel cutting ceremony
China Merchants Heavy Industry’s (CMHI) shipyard in Jiangsu...
[Watch] Great White Shark Bites ANOTHER Shark as it Misses Bait
A DRAMATIC viral video has captured the moment a great white shark attacks a smaller shark as the pair fight over food in the sea off the coast of South Africa.
Disclaimer: This video is...
Wärtsilä’s 31DF Engine to Power a Polar Ice-class Cruise Ship
Wärtsilä LNG solutions featured on an environmentally advanced cruise ship which makes it much more efficient with minimal emissions.
Pioneering Luxury Cruise Vessel
The technology group Wärtsilä’s 31DF dual-fuel engine, emphasizes outstanding efficiency, extremely economical fuel...
Pacific Basin Rides Dry Bulk Recovery, Foresees Better Days Ahead
The Handysize and Supramax freight market indices in the year to date have followed a similar seasonal pattern as in recent years, although at a higher level as the demand-supply balance remains favourable. A...
Prosafe Wins £14 Million Clair Ridge Contract for BP
BP has awarded Prosafe a £14.3million contract to charter the Safe Zephyrus accommodation vessel at the Clair Ridge platform, saya a press release of Prosafe.
The five-month contract will begin in May next year, with...
Bumi Armada Sends VLCC for Conversion
Malaysian FPSO specialist Bumi Armada has reportedly acquired a Very Large Crude Carrier from Ship Finance International says a news report.
Buyer disclosed
The sale of the VLCC was announced on October 1 by the owner...
Spot Market for Nordic Tankers Trebled
In a major development, Nordic American Tankers Limited New suezmax vessel was delivered to NAT today - impacting earnings and dividend capacity positively.
Spot Market Tripled
Recently, the tanker industry has suffered from deteriorating earnings, lower...
Bunker Surcharge Alert! OOCL Plan on Floating Bunker Formula
Over the years, the industry has seen an increasing amount of attention given to the environmental impact from the global supply chain, resulting in regulations on emissions control and environmental protection becoming more stringent...
Containership Allides in India
On October 13, a containership allided with the pier located at the Jawaharlal Nehru Port outside Mumbai.
What happened?
The CMA CGM containership identified as 'CMA CGM Mumbai' allided with pier located at the Jawaharlal Nehru Port outside...