Waterfront Shipping Company Ltd. (WFS), a wholly-owned subsidiary of Methanex Corporation, is pleased to announce the addition of eight new methanol dual-fuel vessels to its fleet. These vessels are part of the company’s fleet renewal program which con…
Shipping Industry To Welcome New, Lower Emission, Methanol Dual-Fuel Vessels Read More »
BHP has awarded its first LNG supply agreement for five LNG-fuelled Newcastlemax bulk carriers, which will transport iron ore between Western Australia and China from 2022. Shell has been awarded the contract to fuel the vessels, which BHP will charter…
BHP awards LNG supply agreement to Shell for LNG-fuelled iron ore vessels Read More »
The tanker market could soon receive some much welcome boost from China’s financial recovery. In its latest weekly report, shipbroker Gibson said that “Chinese crude imports have continued to set new records this year, peaking at 11.7 million b/d in Ju…
China’s Economic Recovery Bodes Well For Tanker Demand Read More »
Newbuilding orderbooks have dipped to historically low levels relative to existing fleets, with the dry bulk carrier sector one of the most extreme examples. “The current bulker orderbook of 56.1 Mdwt represents just 6.3% of the existing capacity…
Shipping implications from the IMO’s MEPC 75 Read More »
Have Nordic countries laid down a roadmap for the rest of the world to follow when it comes to decarbonising shipping? New research from the International Transport Forum (ITF) believes so. Its recently published Lessons from the Nordic Region report c…
Nordic lead on shipping’s decarbonisation Read More »