It’s been a busy few days in the S&P market, as more ship owners made moves in the market. Things have been perking up on the newbuilding ordering front as well, but to a lesser degree. In its latest weekly report, shipbroker Banchero Costa said th…
Flurry of Second Hand Ships’ Deals Reported by Shipbrokers Read More »
As of January 1, 2020, the International Maritime Organization (IMO) will begin enforcing a new regulation that caps the allowable sulfur content of all marine fuels from its current level of 3.5% m/m (mass/mass) to 0.5% m/m. While this new limit will …
IMO 2020 Full Sail Ahead: Incoming Waves for Refiners, Shipowners Read More »
Brazilian soya bean exports are up 85.2% in the first two months of 2019, compared to the same period in 2018. This comes on the back of record high exports in 2018 of 83.6 million tonnes, a 22.7% increase from 2017. 2019 has seen the highest ever expo…
Brazilian Soya Bean Exporters Set New Records Read More »
The deadline set by Washington for OOIL to complete the sale of the Long Beach terminal is April 8, and…
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Shortlisted Seaspan says it does not want to buy Long Beach Container Terminal Read More »
According to a blog by Rear Admiral Randy Crites posted on the Navy Live, the official blog site of the U.S. Navy, the Department of the Navy Fiscal Year 20 Budget request submitted to Congress is $205.6 billion, a 4.8% increase from the FY19 enacted b…
U.S. Navy Requests $205.6B in 2020 Read More »