The technology group Wärtsilä will supply a unique and patent-pending LNG fuel storage and supply system for two new trailing suction hopper dredgers (TSHDs). The ships are being built by Keppel Offshore & Marine for Van Oord, the Dutch marine
McQuilling Services is pleased to announce the release of its 2019 Mid-Year Tanker Market Outlook Update.
The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundamentals influencing
VLCC Middle East Gulf rates to Eastern destinations lost the five to six points gained a week ago, leaving 270,000mt to China at WS 60 level, whilst 280,000mt to US Gulf, basis Cape to Cape, eased two points to WS
Exclusive of its interest in FLNG Hilli Episeyo, Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $36.2 million for the second quarter of 2019. After accounting for $26.5 million of interest rate swap losses, the
S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, yesterday announced that it will launch the first price assessments for LNG bunkering on September 2, 2019. The Singapore assessments will be
Høglund has been awarded a contract by Bergen Tankers to deliver a cargo handling system (CHS) for the LNG bunker vessel Bergen LNG, the company announced today.
As part of a long-term charter with Shell Gasnor, the vessel will be the
Beijing will impose a 5 percent tariff on U.S. crude oil from September 1st, but Chinese state-owned traders could keep importing at around 150,000 – 200,000 b/d from the U.S. for the rest of the year. Options include potential tariff
VLCC Rates in the Middle East Gulf continued an upward trajectory, with 270,000mt to China at WS 66, up about five points and 280,000mt to the US Gulf, basis Cape/Cape, rated at WS 30, an increase of three points. Meanwhile,
California State Lands Commission Requires Separate Ballast Water Log
According to a California State Lands Commission letter dated 2 August 2019, vessels that are subject to California’s Marine Invasive Species Act (Cal. Pub. Resources Code section 71200 et seq.) must retain
The Methanol Institute has welcomed the launch of two new dual-fuelled tankers capable of operation using clean-burning Methanol.
The 49,000dwt product tankers Mari Couva and Mari Kokako were named at the Hyundai Mipo Dockyard by owners Marinvest and Waterfront Shipping on