Author Archives: ShippingHerald

Author Archives: ShippingHerald

tanker

July 8, 2020

Fresh floating storage inquiries for clean tankers in recent weeks reflect charterer appetite to take advantage of rock bottom clean tanker rates, though presumptions of...
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Ardmore

July 7, 2020

Ardmore confirmed that on June 19, 2020 it received an unsolicited acquisition proposal from Hafnia to acquire all of the outstanding shares of Ardmore in...
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Norwegian Cruise Line

July 7, 2020

Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings Ltd., two long-time rivals in the cruise business, have joined forces to study ways to make...
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shipping_maersk

July 7, 2020

Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns ($281 million), as the container...
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Wärtsilä

July 7, 2020

The technology group Wärtsilä is one of eleven founding members of an international coalition dedicated to accelerating the energy transition in the transport and logistics...
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Cosco-Post-Panamax

July 7, 2020

The Baltic Exchange’s main sea freight index rose on Monday helped by stronger rates for panamax and supramax vessels which more than offset a decline...
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marshall-islands_big

July 7, 2020

The Republic of the Marshall Islands (RMI) is ranked 6th on the white list of the Paris Memorandum of Understanding (MoU) Current Flag Performance List...
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iron.ore.

July 7, 2020

Iron ore futures slipped on Monday as rising port inventories of the steelmaking ingredient in China helped soothe worries over global supply tightness that have...
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Coronavirus

July 6, 2020

Djibouti has carried out the first crew change of merchant sailors in its territory and is ready to get home more seafarers who have been...
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TOTAL

July 6, 2020

Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of exploration in...
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ships

July 6, 2020

Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid an uneven global recovery from...
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Suez_Canal

July 6, 2020

Egypt’s Suez Canal revenues fell to $5.72 billion in the 2019/20 financial year from $5.75 billion in the year prior, the canal authority said on...
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Gibson

July 6, 2020

Canada has the third largest oil reserve behind Venezuela and Saudi Arabia. (more…)
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bunkering

July 6, 2020

Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as...
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coal

July 6, 2020

China’s coastal bulk freight market has seen a decrease in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). (more…)
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