CHART/TABLE: Opec brings cheer to tanker owners with output hike
Outlook for crude tankers’ earnings brightens with incremental oil expected to enter the market
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Cruise Ship Costa Venezia Floated Out
Italian shipbuilder Fincantieri hosted a float-out ceremony for a new cruise ship under construction for Carnival Corporation’s Italian brand Costa Cruises. The new ship, Costa Venezia, is Costa’s first ship designed and built specifically for…
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Baltic Index Inches Down on Softer Vessel Rates
The Baltic Exchange’s main sea freight index fell for the fifth consecutive session on Friday, weighed down by weakness across capesize, panamax and supramax vessels and marked its worst week since late May.* The overall index, which tracks rates for s…
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Hundreds Surf in Record Offshore Gas Protest
Hundreds of Israeli surfers in black skull-and-crossbones shirts took to the waves on Friday in what they said was a record-breaking protest against potential environmental damage from off-shore gas development.Organizers said 992 people, among them at…
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Scorpio Tankers Opts Out of Scrubbers
Scorpio Tankers plans to meet the IMO’s sulphur cap by burning compliant fuels.
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