The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, nudged up on Monday as panamax rates rose for fifth straight session, offsetting weakness in capesizes.The overall index, which factors in rates f…
Panamax Props Up Baltic Index Read More »
The Cemtex Pioneer, a vessel carrying U.S. soybeans that was caught up in the China-U.S. trade row, has left east China’s port of Nantong near Shanghai, according to shipping data on Thomson Reuters Eikon on Sunday.The vessel’s draft is now at 58 perce…
Third US Soybean Vessel Left in Limbo Unloads Cargo in China Read More »
Norway’s Hoegh LNG has won a tender to supply a floating LNG import terminal for a consortium aiming to import liquefied natural gas to Australia’s east coast from 2020 in a push to boost local supply.Australian Industrial Energy, a consortium that inc…
Hoegh LNG to Supply FLNG Terminal to Australian Import Project Read More »
Bangladesh started operations at the country’s first liquefied natural gas (LNG) terminal on Saturday after ironing out teething issues related to technical problems and bad weather, two sources familiar with the matter told Reuters on Monday.The float…
Bangladesh’s First FSRU Starts Operations Read More »
South Korea’s shipbuilders jump after an industry report notes rising prices of liquefied natural gas tankers that is set to benefit the country’s shipbuilders.Shares of Hyundai Heavy Industries soar 9.2 pct, while those of Daewoo Shipbuilding & Marine…
S.Korean Shipbuilders Jump over Rising LNG Tanker Prices Read More »