Gibson warns over speculative VLCC ordering
Broker also warns that demo levels are set to ease off, despite the weak freight markets.
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Maritime News
MISC to Spend $4B Capex in 5 Years
MISC Bhd, the shipping arm of Petroliam Nasional Bhd or Petronas, which is optimistic of delivering better earnings in its financial year 2018, is setting aside a bigger capital expenditure (capex) totalling RM15.68 billion (US$4 billion) over the next…
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Fluxys to Add a Permanent LNG Bunkering Facility in Antwerp
Fluxys has taken over the concession in the port of Antwerp at quay 526-528 to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges, in one of the Port Authority’s key initiatives to make the port’s activities more sus…
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Milaha Reports Net Profit of $71.3M
Qatar Navigation (Milaha), a leading maritime and logistics conglomerate, has reported a net profit of QR260 million ($71.3 million) for the first quarter of 2018, up from QR236 million ($64.80 million) for the same period in 2017. Milaha Maritime…
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Virgin Islands Shipping Registry Launches Online Portal
The Virgin Islands Shipping Registry has launched an online portal to receive applications for seafarer documents. Acting Director of Shipping Registry and Receiver of Wrecks, Captain Raman Bala said all vessel owners, operators, crewing agents…
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