Piracy increases in 2018 - IMB report
Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals.
Korean shipyards expect LNG ship boom - report
South Korean shipbuilders, which emerged as the world’s No. 1 in terms of new orders in 2018 on increased demand for LNG ships, are anticipating solid demand for vessels this year, industry sources said Wednesday.
Aegean Expects Quick Emerge from Chapter 11
Aegean Marine Petroleum Network announced that the U.S. Bankruptcy Court for the Southern District of New York has approved its revised final motion related to $535 million in aggregate Debtor-in-Possession financing from Mercuria Energy Group Limited, one of the world’s largest independent energy and commodity companies.
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