Improved dry and wet trades key to MOL revival
China’s demand for commodities and tanker oversupply also key drivers for shipowner .
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June 2019
APL boosts capacity into Vietnam with new service
The service will also feature comprehensive North Asian market coverage, calling at five Japanese main ports as well as Hong…
Related StoriesAirbus satellite service promises complete ocean visibility for shipping…
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Sinopec Expands LSFO Production
China Petroleum & Chemical Corporation (Sinopec ), China’s first large-scale production of greener low-sulfur marine fuel oil (LSFO), announced the production capability of 10 million and 15 million tons of low-sulfur marine fuel oil in 2020…
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Maersk Unveils its First Cold Store in Russia
Danish international container shipping company A.P. Møller – Mærsk A/S (Maersk) has launched the construction of its new cold store facility in St. Petersburg to address the needs of a high-demand Russian market.The 3-chamber warehouse will…
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Diana Shipping Fixes P. S. Palios with SwissMarine
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v P. S. Palios.The global shipping…
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