New rules that entered force at the start of 2020 to reduce sulphur emissions from ships are leading to significant hikes in vessel operational expenditure, members of theshipping industry say.Using low sulphur fuel oil (LSFO) can add as much as $20…
LSFO Raises Ship Operating Cost by $20,000 Per Year Read More »
More than 700 barges are delayed on the lower Mississippi River on Thursday after a structural crack in the Hernando de Soto Bridge prompted the U.S. Coast Guard to halt vessel traffic on a portion of the crucial trade artery.The Coast Guard…
Barge Traffic Backs Up Near Memphis Amid Mississippi River Closure Read More »
CEO Ole Hjertaker says price for Chinese post-panamax was well-below broker valuations
SFL snaps up bargain boxship with Maersk charter in ‘frenzied’ market Read More »
Greek shipowner says it will save $3.7m in financing costs over the next 18 months thanks to lower interest rate
CIT seals second deal in a week with $34m refinancing for Globus Maritime Read More »
Former Hygo Energy Transition executive Eduardo Maranhao is named chief financial officer
Staubo takes over as Golar LNG chief executive after partners sale Read More »