Grimaldi eyes next generation of multipurpose and ro-pax orders Italian owner continues to install scrubbers across the fleet but says calculations about fuel costs and availability are 'a huge...
The Interview: Wayne Talley Container throughput is a measure of a product and not a service, which is how ports should be judged by...
Blockchain could be a boon for bunker industry Blockchain middlemen claim their technology can bring efficiency gains and greater transparency to the bunker fuel industry
Exmar agrees leaseback deal for pressurised fleet Refinancing will generate about $60m
Belships and Kontrari subsidiaries to merge Norwegian dry bulk companies will form a 16-vessel fleet comprising utlramax and supramax ships backed by commercial and technical management...
US LNG export capacity in line for rapid growth Competitiveness in Asian markets and bottlenecks at the Panama Canal are possible worries for US LNG, but both issues seem...
Court of Appeal dismisses Evergreen case Parties involved in 2015 incident are now considering any further legal moves after two vessels were left with hefty repair...
Daily Briefing Slow steaming is 'most realistic' emissions curb, says Prokopiou | Industry leaders commit to IMO's greenhouse gas vision | More...
Is the dry bulk sector upturn close to its peak? MSI remains positive for the short-term outlook for capesize rates and projects time charter rates to be above $20,000 a day...
Okeanis chief operating officer buys 2,000 shares Aristidis Alafouz now holds 10,800 common units of the Greek tanker owner.
Chinese soybean tariff creates 'new and unusual trades' Braemar ACM surveys shifting landscape initiated by Chinese import charge.
Cruiseship booked to house gas workers Grand Celebration cancels cruises to help restore service in Massachusetts.
Star Bulk panamax brace fixed in firming market Short period contracts come as spot rates continue to push multi-year highs.
SunStone declares first of nine Ulstein options US owner inks design deal for second in series of expeditions cruise vessels.
Cruiseship to be used to house homeless? Memory Works founder wants to buy vessel as hostel in US.
Grimaldi plots $1.15bn worth of ropax and MPP orders Projects for 10 multipurpose and ro-pax vessels as Italian owner strives to enhance its eco-credentials.
Brazilian weakness weighs on capesize rates Capesize earnings have failed to break the $20,000-per-day mark this week, weighed down by high bunker prices and lower-than-expected Brazilian iron ore exports. The market had risen for 11 consecutive sessions to reach $19,319 per day on 3 October, then a one-month high. However, the weighted time charter average on the Baltic Exchange dropped 6.7% to close at $18,026 per day on Friday. Tsant
Lighthouse brings three profitable firms to Belships merger Financial details show consistent profit for private companies on one side of transaction.
INSA chief bemoans home hindrance for Indian owners Anil Devli says companies thriving abroard, but hampered by tax levies in India.
Clarksons: noticeable upturn in OSV S&P Distressed sales driving market as owners face another tough winter, broker says.
Capital Product Partners suezmax tipped for sale Greek shipowner said to have found a trading buyer for crude tanker veteran.
Romanian yard brings in 130 Vietnamese workers Vard Braila taps Asian expertise to fill vacancies.
HMM order 'manna from heaven' for Korean shipbuilders Three yards have shared contract from compatriot shipowner at time rest of the market is quiet, broker says.
Drewry container rate index drops 3% Levels expected to soften further next week on major east-west routes.
South Korea's trade with Iran drops 20% US sanctions hit crude imports, with bigger reduction still to come.
Niels G. Stolt-Nielsen sees 'huge opportunity' for Avenir LNG Shipowner confirms order for up to four 20,000-cbm ships is close as new vehicle takes shape.
Micky Arison gives $5m to disaster relief Carnival Corp chairman and his wife helping storm victims in US, Philippines and Indonesia.
Solstad CSV to carry out mining tests Norwegian owner sending ship to San Diego to trial a prototype ROV.
K Line takes it ship by ship on IMO 2020 CEO Eizo Murakami says LSFO, scrubbers and LNG all on the compliance menu.
Chittagong looks to improve navigational safety Bangladeshi port issues new directive aimed at cutting down high casualty rate.
Costa looks to boost Southeast Asian market share Initiative expected to bring in over 100,000 cruise visitors to Singapore over next three years.
Producer/merchants cut net short as crude rally continues: CFTC Crude producers appear to be hedging less, as the group's net short position and total holdings in NYMEX crude futures continues to thin.
US wants OPEC spare capacity output, but path forward is complicated The two sides do not agree on the definition of the term, let alone how much spare capacity OPEC even has available.
Oil complex mixed after higher OPEC production eases supply concerns Crude futures gave back early session gains to settle mixed after reports of higher OPEC production eased market concerns of a potential supply crunch in November.
Rotterdam HSFO hits 4-year high, teases $500/mt The flat price of Rotterdam fuel oil has spiked to a near four-year high as ICE Brent crude continues to climb.
SK Innovation readies for IMO 2020 with desulfurization unit SK Innovation, one of South Korea's four refiners, is building a Vacuum Residue Desulfurization unit at its 840,000 b/d Ulsan refinery to reduce the sulfur content of high sulfur fuel oil.
Kuwait's KPC seen on track to supply 0.5% sulfur bunker in Q4 2019 Kuwait Petroleum Corporation, or KPC, is expected to be ready to supply bunker fuel oil with a maximum sulfur content of 0.5% in the fourth quarter of 2019, sources close to the matter said this week.
Spread between 0.5% and 3.5% sulfur bunkers around $300/mt in 2020: consultant The spread between the price of bunker fuel with maximum 0.5% sulfur and 3.5% sulfur will be around $300/mt in 2020, Marine and Energy Consulting Limited's managing director Robin Meech said this week at the Singapore International Bunkering Conference and Exhibition.
Shell delivers first ship-to-ship LNG bunkering to Sovcomflot The operation marks fueling of the world's first LNG-powered Aframax tanker and first STS LNG bunkering at the Port of Rotterdam.
Singapore's Global Energy International gearing up for IMO 2020 rule, says Group MD Once tanks are segregated, it is difficult to undo as it requires significant time and money, Loh said.
Platts to replace Middle East Marker LNG comparative fuel differential The new symbol code will be LMENF00, while the monthly average for the differential will be LMENF03
Fujairah ex-wharf bunker premiums slide as stocks increase "Cargo supply is no longer as tight as compared with the first half of September," a Fujairah bunker trader said.
INTERVIEW: LNG bunkering uptake to rise despite clarity over 0.5%-S fuels- BSM "For Schulte's owned existing fleet, we are not looking at scrubber technology," Campbell said.
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