VLSFO bunker premiums soar in Singapore due to Red Sea diversions
Strong demand for VLSFO bunker tankers in the world’s top bunker port is tightening fuel schedules
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January 2024
Price pressures will push consolidation from public to private shipowners, says top banker
‘It does not mean being a small shipowner will be impossible, it will just be more expensive’
Great Eastern frees tanker from mortgage linked to $36m bond series
Trustee releases MR vessel as security for 10-year non-convertible debentures
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SAAM Towage Taps Markey for Winch Retrofit Project
Markey Machine won a first-ever contract from SAAM Towage to retrofit the controls on a Timberland towing winch aboard the Point Valiant, a tug based in Vancouver, B.C.SAAM first outlined the project to Markey last May, then hired Sentinel Survey…
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Tanker Trade in Flux: The Red Sea Crisis Impact is Growing
Supplies, cargoes and ships have turned on their heads over the past few weeks, as a result of the crisis in the Red Sea. In its latest weekly report, shipbroker Xclusiv said that “in its widely monitored monthly oil market report, the Organization of …
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