Shipping
Scorpio inks S&LB deal for 61K BC
NY-listed bulker operator Scorpio Bulkers recently announced that it has signed a Sale and Leaseback deal worth $19m for an ultramax bulker. The company is selling its 2015-built 61K bulker SBI Echo to an unnamed third party to charter back fo...
2018-07-17 07:23:32
Norway tests autonomous mini-ferry
Researchers at the Norwegian University of Science and Technology (NTNU) are reportedly conducting a test of small-sized autonomous ferry in Trondheim. They are said to have recently developing an autonomous mini-ferry which is capable of sail...
2018-07-12 07:22:36
Equinor borrows four Korean-built PCs
It is understood that Equinor is chartering two out of four 49,000-dwt PCs, supposedly ordered in May by Yasa Shipping of Turkey at Hyundai Mipo Dockyard (HMD). According to foreign media and brokers, Equinor is fixing two MR newbuildings (Hul...
2018-07-12 07:19:53
BW is serious about Dorian
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code “BWLPG”) announced on July 9 that it has increased its all-stock proposal to combine with Dorian LPG Ltd. (“Dorian”) (NYSE: LPG), under which Dorian shareholders would recei...
2018-07-11 07:17:20
"VLCC resale price likely to surpass $100m"
Norway's largest investment bank DNB Markets has recently forecasted that the price of very large crude carrier (VLCC) will surpass a $100m level within the next two or three years. Analysts at the bank including Nicolay Dyvik expected that th...
2018-07-10 07:13:32
SEA/LNG: "Investments should keep flowing"
SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today reiterated how critical continuing investment in LNG as a marine fuel is to meeting both air quality ...
2018-07-06 06:55:59
China demands Tier II for domestic ships
The Ministry of Transport of China is implementing a regulation demanding all domestic ships to satisfy IMO Tier II standard for five years, in line with the Chinese government’s pro-environment drive. All imported ships must oblige the regu...
2018-07-06 06:45:52
Yang Ming confirms chartering 10 boxships
Yang Ming Marine Transport has recently announced that the Taiwanese containership operator hires a total of 10 new containerships of Costamare and Shoei Kisen. The company announced through a regulator filing in Taiwan Stock Exchange (TSE) th...
2018-07-06 06:44:24
HMM puts boxship with scrubber to sea
Hyundai Merchant Marine (HMM) put out its 11,000 teu containership 'HMM Promise' to sea in a ceremony held at Busan New Port, Busan Metropolitan City, Korea, on July 5.   HMM Promise is the first unit of two 11,000 teu containerships...
2018-07-06 06:38:25
"LNG Bunkering investment accelerating"
An analyst commented that the investment in LNG bunkering and LNGBV is accelerating following the increasing demand for LNG powered ships. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment commented on July 2 that “according t...
2018-07-05 07:18:30
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