Signatory States to an agreement aimed at repressing piracy, armed robbery and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area have agreed that building response capability and information sharing are vital steps…
Jeddah Mulls Safe and Secure Regional Waters Read More »
The Inland Waterways Authority of India (IWAI) will involve banks for ensuring availability of financing options for the private players engaged in Inland Water Transport (IWT) sector. Financing and funding for Operation and Maintenance of IWT assets i…
India Seeks Banks Financial Support for Inland Water Transport Read More »
Royal Dutch Shell will supply Mexico with six LNG cargoes to be delivered in May and June, Reuters has reported, citing trade sources. State-run utility CFE held a tender on 2 May for deliveries to Mexico’s Altamira terminal in the Gulf of Mexico.
Shell Gets Mexico LNG Supply Tender Read More »
There was a time, not many years back, when some bold ship owners ventured into the seemingly unknown area of offshore market, amid a boom period. Things didn’t turn out that well, as Ocean Rig’s example can testify. However, shipbrokers seem to think …
Is the Offshore Market Back in Action? Read More »
Tanker freight rates have experienced weakness this year as persistent over ordering in previous years come to fruition in the form of an unbalanced market. The fundamental relationship between transport demand and vessel supply truly dictates the dire…
More to Come Down the Road Read More »