NEWS
Samsung shipyard’s LNG re-liquefaction system passes important steps for field application
A re-liquefaction system for low-pressure dual-fuel engines developed by Samsung Heavy Industries, a major shipbuilder in South Korea, has passed important steps for field application. The system offers increased efficiency and reliability by allowing boil-off [...]
Container Freight Rates: Looking forward
Moving forward volatility remains a key concern, given ocean freight rates continue to sit at historic highs – a result of capacity control, equipment, and volumes. Trans-Pacific routes, at least in terms of price, have [...]
3 Shipping Stocks Resilient to Coronavirus-Led Industry Challenges
The coronavirus-induced slowdown in global trade has dimmed the outlook for the Zacks Transportation – Shipping industry. This is because the shipping industry is responsible for transporting the majority of goods involved in world trade [...]
Panama Canal Authority to consider adding additional booking slots for LNG tankers
The Panama Canal Authority may add additional reserved LNG transit slots in the future to address the increase in US exports via the shortest route from the Gulf Coast to the key East Asia import [...]
Drybulk Shipping Feels The Pinch After Big Scrubbers Bet: Analysts
The dry bulk sector is counting the cost of running many new ships on high sulfur fuel oil, with almost half of its new dry bulk fleet delivered in 2020 to be installed with exhaust [...]
Tankers: VLCCs On the Rise Yet Again
VLCC Rates rose again this week, albeit modestly, which translates into an uplift in time-charter equivalent (TCE) earnings of between 45-50% in the Middle East and West Africa. Rates firmed 2.5 points to WS31 (about [...]
Retrofit highlights the use of LPG as a marine fuel
The world’s first LPG-fuelled vessel has set sail. Powered with Wärtsilä’s customised and reliable Fuel Supply System, the vessel represents a major breakthrough in the search for new ways to reduce marine emissions. BW LPG, [...]
China’s weekly export container shipping index rises
China’s index of export container transport registered growth in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,323.83, up 10.4 percent from a [...]
Buyer Beware – Sector-specific risks for buyers in maritime M&A transactions
In the maritime sector it is much more common to undertake the sale of a vessel on an asset sale basis than as part of a more traditional M&A transaction effected by the sale and [...]
India: Cargo volumes at state ports decline 10.53% in April-November
India’s dozen state-owned ports handled a combined 414.304 million tonnes (mt) of cargo from April to November, 10.53 per cent lower than the 463.054 mt handled during the same period last year. With the exception [...]
Contractual allocation of risk for drug smuggling in commercial shipping
Introduction Drug smuggling in the maritime sector continues to generate complex contractual disputes between owners, charterers, and cargo interests. It is crucial that these parties ensure that their contracts properly address and allocate liability accordingly, [...]
PRODUCT STORE
THE BUNKER BOOK XIV
We have started taking orders for The Bunker Book XIV (Hard Copy & Digital access through Mobile App), which is out for circulation from the month of November-2019. The A4 size directory with more than 300 pages is your one-stop source for all the Bunker Suppliers, Traders, Brokers and Oil & Lube companies globally.
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Price : USD $200 (Including Postage)
WORLD DIRECTORY OF SHIP SUPPLIERS 2019
The A4 size directory published in TWO volumes is your one stop guide as it covers entire world of ship suppliers as per their line of business covered in TWO major sections of Marine Equipment Suppliers and Ship Chandlers/ Suppliers providing essential contacts in an alphabetical country wise listing to ensure easy searchable details as per the need.
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Price: USD $250 (Including Postage)