South Korea’s Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register (LR) for an LNG-fuelled 50,000 dwt class MR tanker design. This development is the result of close collaboration between HMD and LR.To aid…
LR Okays Hyundai LNG-Fuelled Tanker Design Read More »
The Port of Rotterdam has announced the establishment of the Rotterdam Food Hub, strengthening its position as Western Europe’s biggest transit port for agricultural, horticultural and fishery products.Part of this strategy is the establishment of the …
Rotterdam Port Intros Rotterdam Food Hub Read More »
The MR (Medium Range Product Carrier) product and chemical tanker market continues its upward trend, with charter rates higher in the first quarter on the back of continued strengthening supply-demand fundamentals and further supported by prolonged…
Tanker Market in Upward Journey: Ardmore Read More »
The international midstream services provider to the offshore oil production industry Teekay Offshore Partners announced that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl…
Teekay Gets Refinance for FPSO Fleet Read More »
Hazardous shipwrecks can cause many problems. Depending on its location, a wreck may be a hazard to navigation, potentially endangering other vessels and their crews.International Maritime Organization (IMO)’s Nairobi Wreck Removal Convention (WRC) goe…
Canada Accedes to Nairobi WRC Read More »