Six months ago we described the shipping markets as experiencing “improvements filtering through after hitting rock bottom in 2016”. This trend has continued with the ClarkSea Index averaging $10,767/day in 2017, up 14% y-o-y, but still 8% below trend …
Shipping Market Overview: Spring 2018 Read More »
The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China. Soya bean trade lanes will be affected if the Chinese buyers shy away their tradi…
Soya Bean Trade Lanes May Change Due To The Ongoing Trade War Read More »
Golar LNG Limited announced it has entered into a Preliminary Agreement and exchanged Heads of Terms (HoT) for an FLNG vessel for phase 1A of the Greater Tortue / Ahmeyin field, located offshore Mauritania and Senegal.The Preliminary Agreement…
Golar LNG Enters Preliminary Deal for BP FLNG Read More »
Gas shipping specialist has not identified vessel yet for project, but could head to Keppel for order.
Golar LNG in early talks with BP on FLNG Read More »
The U.S. Coast Guard offloaded $13.3 million worth of suspected heroin and cocaine and transferred custody of two suspected smugglers to authorities in San Juan Tuesday, following a recent interdiction in the Caribbean Sea off Puerto Rico.The…
US Coast Guard Offloads $13.3 Mln Drug Haul Read More »