Enterprise Singapore and MPA say they will continue to work with stakeholders to ensure that Singapore’s supply chain for oil…
Related StoriesYard Talk | Ship repairers in virus gloomFloating storage profits surge…
Singapore agencies circle the wagons around bunker sector amid Hin Leong fallout Read More »
Crowley Fuels took delivery Tuesday of its new Alaska Class 100,000-barrel, articulated tug-barge (ATB), which will be used to transport petroleum products for the Alaska market, from Bollinger Shipyards.Crowley will operate the 483-foot ATB for Alaska…
Bollinger Delivers ATB to Crowley Read More »
Dry bulk owners have started to see improved earnings during the past few days and this could be down to Asia’s return to business. In its latest weekly report, shipbroker Banchero Costa said that “coal trade in Asia is proving remarkably resilient thi…
Dry Bulk Market: Japan’s Coal Imports in Q1 2020 A Boost for Dry Bulk Owners Read More »
The conclusion of the P&I renewal season and rising risk exposure from Covid-19 confirms that marine insurance costs are hardening which will raise vessel operating costs just when earnings are expected to come under pressure as trade contracts. Th…
Shipowners face perfect storm of rising opex as earnings fall Read More »
On 21 February 2020 details were first published of an historic and unprecedented information-sharing agreement among the world’s three biggest open shipping registries – Panama, Marshall Islands and Liberia. The Registry Information Sharing Compact (R…