Weekly Market Report
NWE/MED
There has been a steady flow of cargoes this week, with mostly butane cargoes flowing from UKC and Scandinavia, says a report published by...
Pacific, Atlantic LNG Vessel Spot Charter Rates Continue Climb on Low Availability
Pacific and Atlantic day rates for LNG vessels up $70,000/day and $50,000/day since mid-September.
The ballast bonus in the Pacific and Atlantic is...
Clearlake Shipping Charters Hoegh Gallant LNG Vessel
“Clearlake Shipping, a unit of Swiss-based energy trader Gunvor has chartered the Hoegh Gallant vessel as a conventional LNG carrier”, the reuters quoted...
Maersk Jack-up Bags One-well Extension with Petrogas
The Danish driller 'Maersk Drilling' has been awarded a one-well extension with Petrogas for its Maersk Resolute jack-up rig.
Contract extension
On October 22, Petrogas E&P...
IMO Rejects U.S.-Backed Plan for Phased Start of Ship-Fuel Rules
The International Maritime Organization rejects the proposal -- supported by both the U.S. and shipping groups -- for a phased start to rules that...
EPA’s 2013 Vessel General Permit to be Continued into 2019
The U.S. Environmental Protection Agency (“EPA”) recently published an update on its website notifying the industry that it would administratively continue the 2013 Vessel...
Automation for Ship Renewable Energy Systems Unveiled
On 23 October, as part of the ongoing strategy to prepare its EnergySail and Aquarius MRE for commercial release, Eco Marine Power (EMP) unveiled...
Vessel Hits Bridge, Smashes Water Pipes and Internet Cables
On October 24, Oldendorff Carriers reported that its vessel Erna Oldendorff was moved to the Yanai anchorage in Japan for a further assessment by...
Contaminated Bunker! BW Seeks $350,000 Damages from WFS
BW Green takes World Fuel Services to a U.S. Court over the supply of off-spec marine fuel says Manifold Times.
Legal action
Gas marine transportation services...
Maersk’s Arctic Journey
Venta Maersk started its northern sea exploration on 22nd August, 2018.
Maersk used IMO's POLAR CODE in order to make the crew and...
- Advertisement -
APLICATIONS
Axpo Launches Small-Scale LNG Bunkering Vessel
Axpo has signed a 10-year deal to charter a liquefied natural gas (LNG) bunkering vessel, with the ship expected to begin operations in 2025,...
