Baltic Holds Up at 1,000 Mark

BDI recorded at 1,068 points on 23 May 2019, up nine points on-day and remained above 1,000 mark. The iron ore Fe 62%...

Innovative LNG Carrier To Carry LNG From US To Japan

A new generation 180,000-m3 LNG carrier under construction for a joint venture between Japan’s JERA and NYK Line was christened at Mitsubishi Shipbuilding Co,...

Uniper Energy DMCC Loads Largest-Ever LSFO Cargo in Fujairah

Uniper Energy DMCC, has loaded in Fujairah the largest-ever cargo of Low Sulfur Fuel Oil (LSFO) for delivery to Asian customers, reports IndraStra. LSFO made...

Impact of Sulphur Cap on Bunker Fuels

HSFO to 2020 compliant fuel shift has raised concerns regarding sufficient compliant product availability. The uptake of scrubbers has not been as extensive...

4 Key Impacts on the Global Oil and Gas and Commodities Markets

According to an article published in the Economic Times Energy World section, the execution of new IMO 2020 guideline is only eight months away...

‘Mexican Standoff’ Persists in LNG Spot Shipping Market

In a major development, GasLog Ltd, one of the largest U.S.-listed liquid natural gas (LNG) tanker owners, is confident that today’s weak spot shipping...

ADNOC Logistics and Services Selects VIKING for Safety Servicing

Abu Dhabi-based shipping company, ADNOC Logistics & Services entrusts its entire safety equipment servicing to VIKING with a five-year contract, reports Viking News. What is...

Unchecked After Peak Tank Ballast Line Valves

An investigation report published by the Australian Transport Safety Bureau chronicles the incident of Water ingress into steering gear compartment onboard the bulk carrier Goliath,...

Banks, Private Sectors Show Sudden Interest in Scrubbers Financing

Last Friday,  South Korea's financial regulator announced that they will encourage private banks to increase ship financing, as part of its efforts to improve...

To 2019 and Beyond: Forecasted Bulker, Tanker, Container and LPG values

  Vessel Values has partnered with Oslo based shipping consultancy firm ViaMar to provide Future Market values for each individual vessel in the Tanker, Bulker,...