Trade Sources Say War Risk Premiums Driving Singapore and Asia Fuel Market
According to a Reuters report, shippers are trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are...
Scrubbers With HFO Better Solution Than Compliant Fuel
According to scrubber manufacturer Yara Marine Technologies CEO Peter Strandberg, “business is fantastic” at the moment given the rush ahead of IMO 2020. But...
Alfa Laval Shares Down 6% As Scrubbers Demand Loses Shine
Q2 order intake down 20% at 10 bln SEK
Alfa Laval sees somewhat higher Q3 group demand than Q2
12% miss on orders...
[Part3] A List of Interesting Papers from the 29th CIMAC Congress
The CIMAC congress had a very interesting discussion on a range of issues shipping industry is currently sailing through. Viswa Group in a 4...
Weekly Maritime Security Report – Week 26, 2019
Protection Vessels International has released the 26th Weekly Maritime Security Report of 2019. The report summarized on 16th July 2019 highlights the various incidents...
Epic Gas Acquires Four LPG Carriers
Epic Gas announced its acquisition of two of the four ships that it previously referenced in April 2019.
They are modern second-hand 11,000cbm Japanese-built...
Singapore Fuel Inventories Drop Eight-Month Low Ahead of IMO Rules!
Singapore onshore stocks of petroleum products fell to an eight-month low in the week.
The prices came in at 38.372 million barrels, down from...
Pirates Take Off With Cash and Shoes From Cargo Ship!
According to an article published in the Jakarta Times, pirates attacked a South Korean-flagged cargo ship in the South China Sea.
What happened?
On July 22,...
Maersk Successfully Exports Mangoes With Perishable Goods Transfer Tech
Two months after shipment of butter from Bulandshahr, Uttar Pradesh, to Turkey, global integrator of container logistics Maersk completed its first successful shipment of...
Crane Raising To Lift Port Production
North America’s larger ports continue to increase capacity with the dredging and air drafts receiving attention. As bigger post-Panamax boxships begin to arrive,...
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APLICATIONS
Euro Zone Banks To Follow Dividend Ban Till Dec 2020
ECB extends dividend ban, capital relief for euro zone banks.
The European Central Bank extended on Tuesday a recommendation to euro zone banks...
