BlueMountain fund closure exposes private equity’s investment flop in shipping
Hedge fund’s failure is a salutary tale for new investors lured into shipping
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October 2019
Tanker rates retreat as eastbound routes cool
Owners remain confident that a long-awaited tanker rates recovery will continue, although at more sustainable levels
Related StoriesShips will be fined for non-compliance with IMO 2020Brexit deal proposes ‘bo…
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Kinder Morgan’s Elba Island LNG up by mid-2020: CEO
Kinder Morgan expects to bring the remaining nine units of its liquefied natural gas (LNG) export facility at Elba Island into service by the first half of next year, Chief Executive Officer Steven Kean said on Wednesday.The first unit of Kinder…
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Malaysia Readies for the Worst in South China Sea
Malaysia needs to boost its naval capabilities to prepare for possible conflict in the South China Sea, its foreign minister said on Thursday, even as Southeast Asia’s third-largest economy pursues non-militarisation of the disputed waterway.Tensions h…
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Ships will be fined for non-compliance with IMO 2020
Although the amount of the penalty has not been decided yet, and depends on each port state, those responsible for…
Related StoriesTanker rates retreat as eastbound routes coolBrexit deal proposes ‘border i…
Ships will be fined for non-compliance with IMO 2020 Read More »