The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. Th…
Olefin trade not helping LPG shipowners Read More »
A truck loading station in Revithoussa LNG terminal, at least three new LNG-powered vessels, one LNG barge based in Piraeus port and one LNG marine installation in Western Greece will be in operation as of 2020. This is one of the key highlights expres…
LNG for shipping makes headway through Poseidon Med II Read More »
The Bomin Group, a leading global physical supplier and trader of marine fuels, yesterday announced that it is now delivering Ultra-Low Sulphur Fuel Oil (ULSFO) to vessels calling in the Amsterdam-Rotterdam-Antwerp region (ARA). The ULSFO product is 0….
Bomin Launches 2020-Compliant ULSFO in ARA Read More »
Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new ship holding company. The three partners hold an equal share in …
Gunvor Group, Oceangold Tankers and Maas Capital Form ClearOcean Tankers JV Read More »
The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) urgently resolves some serious issues concerning the successful implementation of the 0.5 percent sulphur in marine fuel cap…
Sulphur Cap Chaos in 2020 Warn World’s Shipowners Read More »