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October 18, 2018

NOVATEK and Fluxys Plan to Build an LNG Terminal in Rostock

A joint venture between PAO NOVATEK (“NOVATEK”) and Fluxys, signed a Land Lease Agreement with the Rostock Port for construction of a mid-scale LNG transshipment...

October 18, 2018

Arkas Bunkering, Sumitomo sign LNG bunkering agreement

Arkas Bunkering has signed the protocol with Sumitomo Corporation and preparations are said to be already underway to offer LNG bunkers. (more…)

October 18, 2018

Diana: Direct Continuation of Time Charter Contract for m/v Astarte

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has agreed to...

October 17, 2018

Baltic Exchange launches ship sale escrow service

The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions went live 15 October. (more…)

October 17, 2018

APM Terminals to divest Izmir terminal

APM Terminals have reached agreement to divest its container terminal in Izmir, Turkey to its current partner SOCAR. (more…)

October 17, 2018

Dynagas Partners Announces Pricing of Its Public Offering

Dynagas Partners announced that it has priced its public offering of 2,200,000 of its 8.75% Series B Fixed to Floating Rate Cumulative Redeemable Perpetual Preferred...

October 16, 2018

Scorpio Tankers Announces Update on Scrubbers

Scorpio Tankers announced that following its entry into an agreement to retrofit 15 of its LR2s with Exhaust Gas Cleaning Systems (more…)

October 16, 2018

Japan’s September vessel orders down 12% on year; outlook positive

Japanese shipbuilders received export orders for a total 668,098 gross tons across 17 vessels in September, down 12% year on year and down 43.7% from...

October 16, 2018

Samsung Heavy wins US$185 mln LNG ship order

Samsung Heavy Industries Co. said Monday it has received a US$185 million order to build a liquefied natural gas carrier for a company in the...

October 12, 2018

Panama Canal has record year

The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5...

FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo

October 12, 2018

U.S. oil firms restore operations in storm-tossed Gulf of Mexico

Major oil producers and drillers, including Chevron Corp and BP Plc, on Thursday began returning crews to more than 90 offshore facilities in the U.S....

October 11, 2018

Stena Bulk in Partnership With Bay Crest Management for Expansion in Asia

Golden-Agri Stena, since 2012 a joint venture between Stena Bulk and Golden Agri-Resources, has started a new joint venture, GSB Tankers, together with Bay Crest...