Norway-based bulk ship operator Belships has signed a merger plan with the Lighthouse Companies.Belships ASA has announced a merger between certain subsidiaries of Kontrari (the Lighthouse Companies) and one or more subsidiaries of Belships…
Belships to Merge with Lighthouse Group Read More »
The tanker market could be heading for a mild recovery, at least if ones takes a closer look at the supply part of the equation. In a recent analysis, tanker specialist Charles R. Weber said that “VLCC earnings remained in positive year‐on‐year territo…
Tanker Oversupply Issues Could Be Alleviated in the Coming Months Says Shipbroker Read More »
Over the past two years, a wave of market consolidation has transformed the global container shipping industry, leading to mergers and acquisitions between container lines, a reshuffling of shipping alliances and the expansion of shipping companies int…
Market Consolidation In Container Shipping: What Next? Read More »
In a press release dated 28 September 2018, ClassNK advises existing ships to install ballast water management (BWM) systems early on. An analysis of the retrofitting status of its registered ships confirms that, as of the end of August 2018: -a total …
Do not wait too long before installing BWM systems Read More »
The United States is “in the midst of an internal process” of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.The Trump administration, which withdrew from a deal ove…
US Actively Considering Waivers on Iran Oil Sanctions Read More »