Royal Dutch Shell will supply Mexico with six LNG cargoes to be delivered in May and June, Reuters has reported, citing trade sources. State-run utility CFE held a tender on 2 May for deliveries to Mexico’s Altamira terminal in the Gulf of Mexico.
Shell Gets Mexico LNG Supply Tender Read More »
There was a time, not many years back, when some bold ship owners ventured into the seemingly unknown area of offshore market, amid a boom period. Things didn’t turn out that well, as Ocean Rig’s example can testify. However, shipbrokers seem to think …
Is the Offshore Market Back in Action? Read More »
Tanker freight rates have experienced weakness this year as persistent over ordering in previous years come to fruition in the form of an unbalanced market. The fundamental relationship between transport demand and vessel supply truly dictates the dire…
More to Come Down the Road Read More »
Introduction The Maritime Labour Convention, 2006 (MLC) entered into force on 20 August 2013. The convention establishes minimum working and living standards for all seafarers working on ships and aims to ensure seafarers’ rights to decent employment c…
The Maritime Labour Convention – theory and practice Read More »
New York owner had cleared out three similar units last year prior to Euronav merger news.
Gener8 deals last aframax Read More »