Bulk Report – Week 42

Capesize A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates...

Freightos Baltic Container Report – Week 41

On October 15, some ocean carriers have applied a mid-month GRI for China-US West Coast in the $200-$400 range. That should translate into about a...

Diana to Continue Time Charter Contract for M/V Electra

On October 23, Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with...

BW LNG Appoints First Female Captain of LNG Carrier

In a major development, Captain Tatjana Pletena took charge of BW LNG's Singapore-flagged LNG tanker BW GDF Suez Everett. This makes her the first...

Bulker with Scrubbers May Enjoy a Premium and Early Advantage

Scrubbers fitted vessel will get premium over low sulfur fueled vessels. The LSFO and HFO differential pricing is driving this charter advantage scenario. ...

MethaShip Project: Renewable Methanol is ‘Fuel with a Future’

Cross-industry research finds key advantages for the use of methanol in medium speed marine engines for passenger shipping.In a press release dated 22 October...

Wartsila’s Scrubber Business Rise But Cuts Services Outlook

On October 23, Finnish ship technology and power plant maker Wartsila reported lower than expected quarterly profit and new orders which downgraded the demand...

MOL Unveils High-quality and Efficient LNG Carrier

MOL's has announced its newbuilt LNG Carrier to serve Mitsui & Co. to transport shale gas-derived LNG from Cameron Project in the United States. Naming Ceremony On October...

[Watch] World’s Oldest Intact Shipwreck Discovered in Black Sea

An ancient Greek trading ship dating back more than 2,400 years has been found virtually intact at the bottom of the Black Sea, the...

Working Together

From the energy we use to the food we eat, the clothes we wear and the things we use every day, we enjoy a...