Japanese shipping giant NYK has signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers.According to the contract, Total Gas & Power Chartering Ltd (TGPCL) will charter from NYK…
NYK Line Signs TC for Two LNG Carriers with Total Read More »
Mitsui O.S.K. Lines (MOL) has announced that the company has signed deals for construction of a floating storage and regasification unit (FSRU), FSRU services, and financing for the Jawa 1 Gas-Fired Project, through PT Jawa Satu Regas (JSR)…
MOL Signs Pact for Asia’s 1st Gas-to-Power Project FSRU Read More »
Oman has become the 16th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed…
Oman Signs Djibouti Code of Conduct Read More »
It’s been a turbulent few months in the dry bulk market and things are bound to continue this way. In a recent report, shipbroker Banchero Costa said that “in the wake of trade war uncertainties and China’s subsequent imposition of a 25 percent tariff …
Dry Bulk Market: The Trade of US Coal Shipments to China Read More »
Guidance on ship implementation planning approved by the IMO will assist ship owners in preparing for the use low sulphur fuels to comply with the 2020 sulphur limit. IBIA is pleased to have contributed to the practical advice contained in two appendic…
IBIA welcomes IMO’s 2020 preparatory advice for ships Read More »