Shares of India’s Garden Reach Shipbuilders and Engineers Ltd fell on their market debut on Wednesday after the company raised 3.4 billion rupees ($45.81 million) at its initial public offering earlier this month.The company’s stock dropped as much as …
Garden Reach Shipbuilders Stumbles on Market Debut Read More »
Maersk Oil Trading has leased oil storage space in Singapore, signalling a push by one of the world’s biggest ship fuel buyers into the Asian bunkering hub ahead of changes to global fuel standards from 2020, trade sources said.Maersk Oil has taken sto…
Maersk Leases Singapore Oil Storage Ahead of IMO 2020 Read More »
NACC Alicudi became the world’s 1st cement carrier equipped with IMO Tier III compliant diesel engines driving bulk handling system.
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NACC Alicudi – World’s 1st Cement Carrier with IMO Tier III Engines Read More »
Excessive rains across the central United States over the past week have slowed the harvest of corn and soybeans, while rising water levels closed at least three locks on the Upper Mississippi River, a key artery for shipping Midwest grain to U.S.
Excessive Rain Disrupts US River Barge Shipping Read More »
Hurricane Michael, now a Category 4 storm, will be the second hurricane in two months to significantly affect ports on the U.S. eastern seaboard. Eastern North Carolina in particular is only now recovering from Florence.The U.S. Coast Guard…
U.S. East Coast Ports Await Yet Another Storm Read More »