Climate Investor Two has approved an investment that could amount to €24.5 million ($29.4 million) to support the lease of Damen’s portable ballast water treatment solution InvaSave to customers in Africa, Asia and Latin America.Climate Investor…
Governments Join Damen’s Fight Against Invasive Species in Ballast Water Read More »
All hope for the tanker market’s recovery is rested on the second half of the year, when oil demand is expected to rebound considerably. In its latest weekly report, shipbroker Allied Shipbroking said that “the uninspiring freight scene in the crude oi…
No Respite for Tanker Owners Until the Second Half of 2021 Read More »
The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about large scale scrapping of tankers, but so far, it has been all talk and very little walk, as the second-hand marke…
2021 crude oil tanker demolition stalls as second-hand prices win Read More »
Bunker fuels are more available in Houston and several other ports across the Americas this week. Prompt availability of VLSFO and LSMGO has improved in Houston, with most suppliers able to offer on enquiries for large stems now. Some ships have been w…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
Foundational private equity backer is down to fewer than 400,000 units — or 1% of the stock
Apollo Management confirms sell-off of 4m Genco Shipping shares Read More »