News

News

Bahri

October 27, 2020

Bahri, a global leader in logistics and transportation, recorded positive financial results during the third quarter of 2020, compared to those of the same quarter...
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BRITAIN-SECURITY-SHIP

October 27, 2020

The operator of an oil tanker stormed in the English Channel by British special forces thanked the authorities on Monday for their timely response, saying...
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Dorian

October 27, 2020

Upgrading the main engines of very large gas carriers to dual fuel technology using LPG to reduce sulfur emissions would cost more than three times...
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ships

October 27, 2020

The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, fell on Monday, on lower rates for capesize vessels....
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DP_World

October 27, 2020

DP World Limited handled 18.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 3Q2020, with gross container volumes increasing by...
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Wärtsilä

October 26, 2020

Wärtsilä expects the near-term demand in the marine and energy markets to improve from current levels. However, visibility remains limited, and the prevailing market conditions...
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LNG

October 26, 2020

A group of niche Chinese gas firms is set to make waves in the global market with plans to invest tens of billions of dollars...
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Malta-flagged Iranian crude oil supertanker "Delvar" is seen anchored off Singapore in this March 1, 2012 file photo. The United States expects countries that buy oil from Iran to further reduce their purchases if they want to avoid U.S. sanctions, a State Department source said on December 5, 2012.  REUTERS/Tim Chong (SINGAPORE - Tags: BUSINESS POLITICS ENERGY MARITIME)

October 26, 2020

Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on Sunday, as China’s independent refiners scooped up cheap supplies of the...
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Gibson

October 26, 2020

Earlier this month the International Energy Agency (IEA) released its long-term energy outlook, demonstrating different paths for future energy market developments. Four scenarios were introduced....
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2020-bulkers

October 26, 2020

China is stocking up on grains, metals and other commodities, providing a boost to industrial bulk shipping companies as Beijing braces for a potential new...
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IMO HQ London

October 26, 2020

Draft new mandatory measures to cut the carbon intensity of existing ships have been agreed by an International Maritime Organization (IMO) working group. This marks...
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Greek_Flag

October 26, 2020

Greece has received five non-binding bids to operate part of a port in northern city of Kavala, the country’s privatisation agency (HRADF) said. (more…)
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BRITAIN-SECURITY-SHIP

October 26, 2020

British special forces boarded a Greek-operated oil tanker in the English channel on Sunday and detained seven suspected stowaways who had threatened the crew, Isle...
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SafeBulkers

October 23, 2020

Safe Bulkers has proceeded with the acquisition of a kamsarmax bulk carrier (82,000 dwt) being built in Japan. The vessel is set to be delivered...
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BW-Offshore

October 23, 2020

The Board of Directors of BW Umuroa Pte. Ltd. (BWU), a wholly owned subsidiary of BW Offshore, has resolved to place BWU into voluntary liquidation....
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