VLCC rate bubble pops as ‘tanker madness cools’ and fixtures fail
Asian refineries cut spot crude buying due to squeezed refining margins, hurting vessel demand
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October 2019
Britain to Complete Plan Next Year to Reach Net Zero Transport Emissions
Britain said on Tuesday it would complete a plan next year to achieve net zero emissions from all forms of transport, as climate change activists targeted the transport ministry.Britain is the first G7 country to commit to a net zero greenhouse gas emi…
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Mozambique LNG tender papers sent to shipowners
Up to 16 vessels needed for greenfield liquefaction project by 2023
Mozambique LNG tender papers sent to shipowners Read More »
Baltic Index Dips for a Straight Third Session
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due to lower demand for larger capesize and panamax vessels.* The Baltic index, which reflects ra…
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Norway Fines Wirana for 2017 Tide Carrier Incident
Wirana attempted to sail the ship illegally to a shipbreaking yard in Pakistan.
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