Shipping
MINSHIP succeeded in bunkering biofuel trial
Bavarian ship management company MINSHIP and its subsidiary MINMARINE announced on April 17 that a bulk carrier in their fleet of managed vessels, M/V Trudy, has successfully bunkered biofuel at the Port of Rotterdam. The biofuel bunkered by t...
2020-04-21 09:37:32
KSS line invests 1 MR tanker
KSS line announced on April 13 through a regulatory filing that it has invested for construction of one 49,999-dwt MR tanker, aimed at expanding sales capacity and securing vessels in medium-and long-term. The amount of investment is KRW 50.51...
2020-04-20 09:07:05
Diana Shipping signs time charter contract
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced on April 13 that, through a separate wholly-owned subsidiary, it has entered into a time charter contract...
2020-04-16 09:19:13
Building of HMM's container ships is going well
The first of the seven 24,000-teu container ship series, which HMM has ordered at Daewoo Shipbuilding & Marine Engineering (DSME), will hold a naming ceremony at Okpo shipyard later this month. According to industry sources, the naming cer...
2020-04-16 09:13:04
Ocean Installer chartered Island Victory
Island offshore announced on April 8 that Island Victory has secured more work in the Barents Sea this spring. Early April the vessel commenced a 60-90 days contract for Ocean Installer at Johan Castberg and Askeladd. Equinor is the end customer ...
2020-04-14 09:16:57
Green VLCC premium is still strong
Scrubber premium for Very Large Crude Oil Carriers (VLCCs) is on the decline as the price spread between HSFO and VLSFO decreases. However, analysts say that from mid-term to long-term premium is still strong. According to industry sources and...
2020-04-13 09:13:16
KC LNG to install Scotland's 1st LNG bunkering infra
Caledonian Maritime Assets Limited (CMAL) announced on April 2 that it has awarded a contract to KC LNG, Kosan Crisplant’s division under MAKEEN Energy, to design and install Scotland’s first liquefied natural gas (LNG) bunkering facilities a...
2020-04-10 09:24:25
Total signs agreement to charter 2 VLCCs
Total announced on April 7 that is has signed a pioneering agreement to charter its first two LNG-powered VLCCs (Very Large Crude Carrier). The two vessels, which are able to carry about 300,000 tons of crude oil each, will be delivered in 2022 a...
2020-04-09 09:50:20
Equinor puts off tender for LPGC charters
Equinor turns out to have put off the schedule of a tender to charter in mid-sized LPG carrier series.  According to industrial source and TradeWinds, the Norway's state-owned oil company was going to receive offers from shipowners by Mar...
2020-04-06 09:18:47
HMM starts THE Alliance cooperation
Hyundai Merchant Marine changes the company name into HMM, cooperating in THE Alliance, which is the three major shipping alliances in the world. According to industry sources, It turned out that HMM held a ‘naming ceremony’ at the lobby o...
2020-04-06 09:07:59
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