January 17, 2019
In late December 2018, two vessels operated by Ocean Network Express (ONE), namely “MOL TRUST” and “MOL TRADITION”, set a loading record of 18,694 TEU...
Read More
News
January 17, 2019
Ocean Yield has agreed to acquire a 2016-built Suezmax tanker with a 13-year bareboat charter to Okeanis Eco Tankers. (more…)
Read More
January 17, 2019
Seaspan announced that it has prepaid a credit facility which was secured by eight of its vessels. (more…)
Read More
January 17, 2019
The Ocean Alliance partners presented their new service offering, which would see the carriers utilize 330 containerships. (more…)
Read More
January 17, 2019
A “reduced appetite” for ordering ultra-large container vessels (ULCVs) and carriers instead aspiring to become global logistics integrators could finally balance container capacity supply with...
Read More
January 17, 2019
After a slow start to the week an injection of activity mid-week has seen VLCC rate nudge up slightly, although for modern ships only. (more…)
Read More
January 17, 2019
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...
Read More
January 17, 2019
European refiners are increasing low sulfur fuel oil production in preparation for the January 2020 implementation of a 0.5% global marine fuel sulfur cap, sources...
Read More
January 17, 2019
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...
Read More
January 17, 2019
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...
Read More
January 16, 2019
Sembcorp Marine announced that its subsidiaries Sembcorp Marine Repairs and Upgrades Pte. Ltd. (“SMRU”) and Semb-Eco Pte Ltd (“Semb-Eco”) have, on 15 January 2019, entered into a...
Read More
January 16, 2019
Scorpio Tankers announced that its board of directors has determined to effect a one-for-ten reverse stock split of the Company's common shares, par value $0.01...
Read More
January 16, 2019
British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly...
Read More
January 16, 2019
Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). (more…)
Read More
January 16, 2019
FSL-25 and FSL-26, wholly-owned subsidiaries of the First Ship Lease Trust and respective owners of the LR2 Product Tankers “Torm Margrethe” (now renamed “FSL Piraeus”)...
Read More
