Desgagnés Christens and Inaugurates Duo Polar Class Dual LNG Vessels

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Desgagnés christens and inaugurates two polar class dual fuel/LNG vessels, reports LNG Industry. Duo tankers christened Desgagnés has proceeded with the double christening and inauguration of...

Weekly Bulk Report – Week 25, 2019

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The Baltic Briefing has released a report about the dry bulk market of the 25th week of shipping activities of this year. The report...

Sembcorp Marine Secures $1.5 Billion Loan To Position for Offshore Recovery

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Sembcorp Industries has provided Singapore’s offshore rig builder Sembcorp Marine with a five-year subordinated loan facility of $1.5 billion. The move is expected...

Future Mayport Based Ship Involved in a Collision in Canada

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According to an article published in First Coast News, it has been learned that the future USS Billings, a littoral combat ship planning to...

Refinery Fire Sparks Tanker Rally

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A fire that broke in one of the oldest and largest oil refineries serving the US east coast has affected product tanker trades. The...

Panama Canal Increases Passenger Ship Tariffs

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In a major development, the Panama Canal Authority's board of directors has announced that they have approved a proposal to modify the Panama Canal...

KSS Expands VLGC Fleet With a $148m New-building Order

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KSS Line is expanding its fleet with a newbuilding order for up to two VGLCs at HHI. Deal is for one 86,000-cbm standard...

BHP Fears an Iron Ore Freight Increase by $5/t Ahead of IMO 2020

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UK-Australian resources firm BHP estimates that the new International Maritime Organization (IMO) rules, which will lower the sulphur limit in marine fuels to 0.5pc,...

Vitol Building Malaysian Oil Refinery To Meet Compliant Fuel Availability Issues

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In a major development,Vitol, the world’s largest independent oil trader, has announced that they have started building a small oil refinery at their storage...

MEPC 74: Shipowners Say Much Work Done, Still More To Do

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As the 74th meeting of IMO’s Marine Environment Protection Committee (MEPC 74) closed last month, delegates began to think about the implications of what...
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