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Castor Maritime Acquires Vessel Worth $23.55m

Castor Maritime Inc., through a separate wholly-owned subsidiary, entered into an agreement to acquire a 2012 Japanese-built Panamax dry bulk carrier from a third-party,...

Wide Range Of Underwater Services Across Europe

Hydrex we are available at all times. Hydrex offers maintenance services and repairs on all parts of the underwater ship’s propulsion systems and...

Asia Residual Fuels: Key Market Indicators for Dec 13-17

Despite the overall supply of marine fuel 0.5% in Singapore remaining tight for the rest of December, downstream premiums to the cargo market have...

Weekly Tanker Report – Week 49, 2021

The Baltic Exchange has released a report about the dry bulk market for the 49th week of shipping activities of this year. The report...

What is the Fuel Price Gap Per Ton in Singapore?

The price gap between high and low sulphur fuel oil has widened. It is to just shy of $200 per ton at Singapore,...

Weekly Bulk Report – Week 48, 2021

The Baltic Exchange has released a report about the dry bulk market for the 48th week of shipping activities of this year. The report...

Yang Ming Adds 11,000TEU Ship To Trans-Pacific Fleet

To facilitate medium to long-term operation, Yang Ming has partnered with professional shipowners for the construction of 14 11,000 TEU container vessels, says an...

MOL Takes Delivery of First ‘EeneX’ Coal Carrier

Mitsui O.S.K. Lines (MOL) has announced that the Kurotakisan Maru III - the first ship in the 'EeneX' series of next-generation coal carriers –...

Bunker Surcharges Hike Puts Pressure On Shippers

Huge hikes in FAK rates over the past 18 months follows, as oil prices surge. Shippers now face significant increases in bunker surcharges...

Shipping Industry Is Going To Rely More On Chinese Financing

The shipping industry is going to rely more on Chinese financing as those vessels that fall short of environmental standards become less attractive...
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