Endesa Charters Gaslog Warsaw in US LNG Supply Deal

Endesa and GasLog, signed an eight-year charter agreement for the maritime transport of the company's LNG acquisitions after May 2021. Endesa will receive...

Shell Ships First Condensate Cargo from Prelude off Western Australia

Royal Dutch Shell shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia. Shell had hoped...

Shipping Companies Banking on Gas Carriers As LNG Demand Grows

  Demand has grown sharply in Asia and in the U.S. as improved hydraulic fracturing technology has made drilling for both shale oil and...

Shipowner’s First Ship Recycling Transparency Initiative Report

The first report of the Ship Recycling Transparency Initiative (SRTI) indicates a growing movement stepping up the pressure on shipowners to disclose their approaches...

Maersk Round Trip To Test Emission Reduction Target

Maersk ship Mette Maersk commences on a round trip trial of commercially viable biofuel testing. The biggest biofuel testing of the world will...

IMO 2020 : ExxonMobil Sights Marine Fuels Business Prospects

The IMO responsible for the safety and environmental performance of the shipping sector, has set sulphur cap to reduced sulfur emissions by over...

Weekly Bulk Report – Week 12, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 12th week of this year. The report formulated on 22nd March 2019...

Sumec Marine Sets Up Singapore Bulk Operations

Sumec has set up Singapore bulk operation and is set to operate all vessels owned by Sumec Marine. Sumec is the first oversee subsidiary company for...

String of Vessel Fires Raising Alarms Among Operators

Some six million containers or 10% of the overall capacity moved across the oceans, contain dangerous goods. Nearly 1.3 million of those boxes...

Why Did Oil Tanker Rates Just Double?

Recently, tanker demand and rates have highlighted shifting supply patterns and have sparked a bit of a worry about OPEC’s compliance rates. What...