Fewer tanker orders offer prospect of major rate improvements
Contracting has slowed amid challenging rate environment, says Poten & Partners
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August 2019
Global shipowners urge immediate action in Strait of Hormuz
The organisations will continue to work with all relevant authorities to ensure the safety of merchant shipping in the region
Related StoriesSingamas completes sale of dry box business to Cosco ShippingMOL sets up w…
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Awilco Refinances LNG Fleet
Norwegian liquefied natural gas (LNG) transportation company Awilco agreed and signed a term sheet for the financing of its two liquefied natural gas carriers with an Asia-based company.The refinancing for the two 2013-built 156,000-cbm TFDEs WilForce …
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Pacific Basin Hopeful on Dry Bulkers
The dry bulk freight market is expected to benefit in the second half of 2019 and early 2020 from many larger ships being taken out of service for several weeks for scrubber installation, said Hong Kong-based Pacific Basin Shipping Limited.The…
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Jurong opens new storage facility with eye on IMO 2020
New terminal designed to handle clean petroleum products, including low-sulphur bunker fuels
Jurong opens new storage facility with eye on IMO 2020 Read More »