Weekly Market Report
HighlightsBusy start for the NWE coaster - various charterers booked
Tight shipping availability and struggle to find suitable tonnage
Delays on vessels waiting to discharge Propylene...
Norton Rose Fulbright Advises on Significant Shipping Merger
HighlightsNorton Rose Fulbright takes on the role of an advisor for a major transaction
The client has been identified as Global Ship Lease, US-listed containership...
Virgin Voyages’ Adults-only Cruise Ship Plans Destination Havana
HighlightsRichard Branson's Virgin Voyages launches adults-only cruise ship to Cuba
Assembly of the Cuban Resistance unhappy over the announcement
Claims that Cuban port facilities...
Indian Oil to Produce 0.5% Sulfur Compliant Fuel Oil by Mid 2019
HighlightsIndian Oil Corp is set to produce compliance fuel
Marine Gasoil production remains open
Tests for 0.5% sulfur compliant grades positive
Too early...
Bulk Report – Week 46
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predicted...
World’s First Green Bonds in Shipping Industry Issued
NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bond sponsored by...
Healthier Charter Markets to Benefit Navios Maritime Holdings
Revenue$390.4 million for 9M 2018
$141.5 million for Q3 2018Cash from operating activities$39.6 millionfor 9M 2018
$10.1 million for Q3 2018Adjusted EBITDA...
VLCC Front Falcon Sold to Third Party by SFL
On November 16, Ship Finance International Limited announced its plan to sell the 2002-built VLCC Front Falcon to an unrelated third party.
Move to diversify...
[Answer] Sulphuric Acid and Sulphate Particulate Matter in the Exhaust Stream
Figure: Summary of typical emissions from a slow speed 2 stroke diesel engineThe mechanism of fuel oil combustion in a diesel engine is well...
Arc7 Class Tanker Begin Sea Trials
A new ice-breaking liquefied natural gas (LNG) tanker of the Arc7 class has begun sea trials
by South Korea's Daewoo Shipbuilding and Marine Engineering (DSME)...