The first bulk U.S. soybean cargo from the Texas Gulf Coast in about six months was loaded and shipped last week from a Cargill Inc terminal, in a sign of shifting trade flows in the wake of Hurricane Ida, traders and shipping sources said.The…
Cargill Loads Soy in Texas After Ida Damages Louisiana Terminal Read More »
Höegh LNG announced on Monday that its president and CEO Sveinung J. S. Støhle is resigning to purse a career outside of Norway.The Norwegian shipowner said Støhle gave his resignation notice on October 9 and that he will remain in his role…
Höegh LNG CEO Støhle Resigns Read More »
China jitters seem to have their own momentum regardless of continued strength of physical freight market
Tough week for dry bulk, boxship stocks despite buoyant rates Read More »
Britain’s new aircraft carrier the HMS Queen Elizabeth made a stop in Singapore on Monday, part of a move to reassert itself globally and boost its military presence in Asia amid rising competition among major powers.The Queen Elizabeth led…
Britain Reaffirms Asia ‘Tilt’ as New Warship Makes Singapore Stop Read More »
Belgian shipowner Euronav said it has tested a biofuel blend marine fuel for its Suezmax tanker Statia in an effort to test the operational readiness and emissions reduction potential of biofuels.The 2006-built, 150,205 dwt vessel took on board 1…
Euronav Suezmax Completes Biofuel Trial Read More »