NYMEX and ICE to list marine fuel futures contracts
Derivative instruments come 12 months ahead of introduction of new IMO sulfur limits.
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Baota’s 60-tanker project fails to materialise amid financial woes
Chinese private refiner could not pass the credit checking for its bareboat charter project for 50-60 tankers, and its chairman Sun Hengchao is facing at least one criminal charge.
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Pacific Region to Enhance Maritime Traffic
To help increase ratification of the FAL Convention and improve understanding of its requirements, two National Seminars on Facilitation of International Maritime Traffic have been delivered by International Maritime Organization (IMO), in cooperation …
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Nordic American Tankers sells two more ships
Company sold 10 older vessels and bought three newbuilds in 2018
Related StoriesBaltic Exchange considers wording for dry bulk indices ahead of IMO 2020NYMEX to list low-sulphur fuels futures in DecemberAegean Marin…
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Christmas Arrived Early for Tankers: Will they last?
New data seems to suggest that the recent rally in tanker freight rates could be more than just a blip. In its latest weekly report, shipbroker Intermodal said that “halfway through the fourth and last quarter of the year, we spot a significant change …
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