Keppel Starts 2019 with US$220M LNG Orderbook

In a major development, Keppel Offshore & Marine has announced that they are about to start work on a combined S$300M (US$220M) in new projects, including...

CHINA’S SWS Forms Cruise Ship Design Team

On January 7, China’s Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corp. (CSSC) has officially announced that it has set up...

[Watch] The Engines of the Titanic

This model of the Titanic by Hoe Ishetmogelijk displays the engines and the mechanics of the engines, turbines, and propellers of Titanic. This illustrated how...

Atlantic Supramax Dry Freight Market is in Freefall

On January 9, the Atlantic Supramax dry freight market tumbled with time-charter deals from the US Gulf Coast being finalized at $3,000-4,000/d lower than...

Early Price Assessments Put 0.5% Sulphur Fuel Premium at $40-104

Bunker fuel prices can trigger a scrubber investment upsurge as a Platts report suggests, writes Seatrade Maritime’s Asia Correspondent Lee Hong Liang. According to...

Will VLCCs Lead the Tanker Market to Recovery?

Tanker market has shown improvement in recent times when compared to previous years The rates are healthier and the Baltic Dry tanker index...

US Maritime Taking a Hit As Shutdown Drags On

Ability to move waterborne freight could shift into crisis mode if the shutdown continues. 31% of the branch’s 41,000 active duty members don’t...

Does New Bunker Certificate Rule Require Any Additional Certificate?

The new bunker certificate rule does NOT require an additional certificate from the suppliers. The main changes to the BDN are as follows. Currently,...

LNG Ship Orders Likely to Reach 69 in 2019

South Korean shipbuilders have embraced the use of LNG and the orders have been growing The industry experts believe that ship orders can...

Freightos Baltic Container Report

Transpacific pricing fell through December due to the 90-day truce on latest China trade tariff increase. But this week a combination of GRI...