Weekly Tanker report – Week 29, 2019
The Baltic Briefing has issued the tanker report for the 29th week of this year. The report dated 19th July 2019 provides a valuable...
Baltic Index Hits Five and Half Year High!
According to an article published in Reuters, the Baltic Exchange’s main sea freight index rose to its highest since December 2013.
Demand for vessels shipping...
European Fuel Oil Market Strengthens Ahead of IMO 2020
For Q3 reports, the high sulfur fuel oil market was relatively strong overcoming slack buying demand from Asia.
Singapore focused on running down existing...
Next-Generation Energy-Saving Bulker Built for NYK
NYK has committed to building a next-generation energy-saving bulk carrier for Japan Marine United Corporation.
The ship is expected to transport raw materials for JFE...
Scorpio Bulkers Cruises To 2019 High
Scorpio Bulkers (NYSE:SALT) rallies 7.62% after posting a narrower-than-anticipated loss in Q2 amid a 19% decline in revenue, says an article published in the...
Navis Loading Computers Installed in 20 Container Vessel Newbuildings
Twenty newly built container vessels in the size ranging from feeder segment 2,300 TEU to 15,100 TEU have been selected to be equipped...
‘Claim for Hire’ Dismissed for a Vessel Seized by Pirates
The Commercial Court dismissed a 'claim for hire' for the period that the vessel 'Eleni P' was seized and detained by Somali pirates...
Keppel Bags $96m LNG-ready Dredger and FPSO Upgrade Contract
Subsidiaries of Singapore’s Keppel Offshore & Marine (Keppel O&M) have clinched contracts worth approximately SGD130m ($95.7m) for a newbuild LNG-ready dredger and the...
DM Shipping Sells MR Tanker
d’Amico International Shipping (DIS), an international marine transportation company operating in the product tanker market and its joint venture partner Mitsubishi Group recently signed...
MacGregor’s Environment-friendly Delivery Modem To Upgrade Cargo System in MSC Vessels
In a recent development, Cargotec`s MacGregor has announced that they have signed a contract with MSC Mediterranean Shipping Company and Guangzhou Wenchong Dockyard have...