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Product Tanker Freight Rates Rebounds
Product tanker freight rates softened in the third quarter of 2019 but rebounded strongly at the start of the fourth quarter following an increase in crude tanker rates that began after the attacks on Saudi Arabian oil facilities and accelerated…
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Prince Frederik to Address WindEurope Event
Crown Prince Frederik of Denmark will deliver the opening address at the WindEurope Offshore 2019, which is claimed to be…
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Hapag-Lloyd Appoints New CFO
German international shipping and container transportation company Hapag-Lloyd AG has appointed Mark Frese to the Executive…
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Sinopec Builds 100 Barge VLSFO Fleet
Chinese energy giant China Petroleum & Chemical Corporation (Sinopec) is planning to build a fleet of 100 barges over the…
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Teekay Expects Strong Tanker Market
The tanker market fundamentals are expected to be strong through the upcoming winter months and into 2020 on the back of…
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Maritime 2050: Facing the Decarbonization Challenge
The International Maritime Organization (IMO) greenhouse gas (GHG) strategy signals a true game changing moment for the shipping industry.
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RINA, VRMedia Kiber Team
Classification society RINA signed an agreement with VRMedia, an augmented and virtual reality company, to boost the development…
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HII Cuts Steel on USCG Cutter Calhoun
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division started fabrication of the U.S. Coast Guard’s newest…
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SQLearn Partners with Kyklades Maritime
SQLearn has announced its new partnership with Kyklades Maritime Corporation by providing e-learning services for its entire…
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Hackers Demand $5M from Pemex
Hackers demanded about $5 million in bitcoin from Mexico's Pemex, they told Reuters on Tuesday, saying the state oil firm…
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BP, Total Pact for Adnoc LNG Supply
The state oil giant Abu Dhabi National Oil Company (ADNOC) signed agreements with BP and Total to book the majority of its…
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Babcock Wins Multiple Orders
UK-based engineering services company Babcock said that its liquefied gas equipment (LGE) arm has netted 26 orders in the LNG and liquefied petroleum
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China to invest billions in Brazilian Port
China will make a billion-dollar investment in the Brazilian port of Sao Luis via China Communications Construction Company…
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Venezuela's Oil Exports top 800,000 bpd Again
Venezuela's oil exports eased in October, but surpassed 800,000 barrels per day (bpd) for second month in a row, helping…
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Holvik joins Thrustmaster
Thrustmaster of Texas acquired the ICON Dynamic Positioning business from Rolls Royce…
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EU Invests in Border Security, Coast Guard
The European Union Council officially adopted the Commission's proposal to reinforce…
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Containership Fires
Incidents involving container ships, although not new, have made the news much more…
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Royal Caribbean Cruise Founder Dies
Army veteran-turned-Royal Caribbean Cruise Line founder Edwin W. Stephan passed away…
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Tracking Ship Emissions from Space
A new ground-breaking study by University College London (UCL) Energy Institute,…
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SHI Losses Widen
South Korean Samsung Heavy Industries (SHI) reported its third-quarter net loss of…
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