July 18, 2019
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...
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Author Archives: ShippingHerald
July 18, 2019
There’s been very little change in the VLCC segment over the last week. MEG rates remain stagnant, ranging in the mid ws40’s eastbound for modern...
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July 18, 2019
The Baltic Exchange’s main sea freight index rose on Wednesday, driven by demand for capesize and panamax vessels. (more…)
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July 18, 2019
Shippers trying to minimise time in the Middle East after oil tanker attacks pushed up insurance costs are scaling back purchases of marine fuels from...
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July 18, 2019
Iran is capable of shutting the Strait of Hormuz — a crucial choke-point for oil flows — but doesn’t want to do it, the country’s...
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July 18, 2019
Three joint ventures have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit (FSRU) to...
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July 18, 2019
Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes (Mt) for the 2018/19 financial year. (more…)
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July 18, 2019
Compliance with the International Maritime Organization’s global sulfur limit for marine fuels will likely settle around 90% or 95% in the initial years after 2020,...
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July 17, 2019
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel FELS Limited (Keppel FELS) and Keppel Shipyard Ltd (Keppel Shipyard), secured contracts...
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July 17, 2019
Brazil's state-controlled oil company Petroleo Brasileiro SA is in talks with the Uruguayan government to give back licenses to operate natural gas distributors in the...
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July 17, 2019
The Baltic Exchange’s main sea freight index on Tuesday extended gains for a sixth straight session as demand for capesize vessels shipping iron ore surged....
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July 17, 2019
Ten Turkish sailors were taken hostage by armed pirates who attacked a Turkish-flagged cargo ship off the coast of Nigeria, the vessel’s owner said on...
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July 17, 2019
As recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn. (more…)
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July 17, 2019
Refineries in Taiwan and South Korea are testing the market for fuels that meet new rules for low-sulphur ship fuel starting next year, exporting some...
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July 17, 2019
Reference is made to the stock exchange announcement of May 8th, 2018, in which Odfjell SE (Odfjell) announced that Lindsay Goldberg (LG) is considering a...
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