The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in over a month on Wednesday as demand across vessels segments rose.The overall index, which factors in rates for capesize…
Baltic Dry Index Jumps to Over One-month High Read More »
Tanker rates have risen since the group of oil-producing countries agreed to hike production, but remain low
US pushes for more oil production after Opec+ compromise Read More »
French container shipping major CMA CGM is facing formal accusations in the USA for what was described as “illegal” dealings with Cuba.
The post Ethics vs. sustainability – Where will Cuba accusations lead CMA CGM business? appeared first on Off…
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Kawasaki Heavy Industries, Ltd. held a naming ceremony at Sakaide Shipyard for the liquefied petroleum gas (LPG)-fueled LPG carrier Crystal Asteria, which is being built for Kumiai Navigation (Pte) Ltd.The 229.9-meter newbuild is Japan’s first dual-fue…
Japan’s First LPG-fueled LPG Carrier Named Read More »
The Norwegian authorities have granted Repsol the consent for the start-up of the Yme field in the North Sea, 20 years after the last time the field was on stream.
The post Repsol cleared to start production from Yme field offshore Norway appeared firs…
Repsol cleared to start production from Yme field offshore Norway Read More »