Aegean Marine Petroleum Network Inc. announced yesterday that the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) has confirmed its plan of reorganization (the “Plan”), subject to minor modifications. This development paves the way for the

Yesterday (27 March 2019) the Baltic Index Council (BIC) announced its decision on the implications of the IMO 2020 Sulphur Cap for the Baltic Exchange’s timecharter indices. As formally announced to the Baltic Exchange members, the Baltic will be adding

IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam are pleased to announce the successful refuelling on Saturday March 23rd of the CMA CGM WHITE SHARK with sustainable marine bio-fuel oil.

The test, which represents

VLCC
It was another slow week, with rates under pressure slipping below WS 60 as 270,000mt fixed to China at WS 59 and Taiwan at WS 57.5 for 265,000mt cargo. Going west, rates for 280,000mt to the US Gulf fell

A major five-year project to help protect marine biodiversity has been kick-started at a global workshop at IMO Headquarters in London, United Kingdom (18-20 March).

The IMO-executed GloFouling Partnerships project will address bioinvasions by organisms which can build up on ships'

VARO Energy subsidiary REINPLUS FIWADO Bunker and GoodFuels have extended their partnership to improve availability of bio fuel oil (BFO) to deep sea vessels leaving from Rotterdam, the companies have announced.

The new deep sea proposition, which will help to improve

The Board of Directors of d'Amico International Shipping S.A. (Borsa Italiana: DIS), a leading international marine transportation company operating in the product tankers market (the “Company” or “d'Amico International Shipping”), resolved today to approve the draft of the 2018 full

Nordic American Tankers Ltd communicated its view on the new Sulphur requirements, effective from 2020 in our Press Release October 24, 2017 and in a NAT conference call held February 20, 2019. The Company is steadfast on its decision that

As the clock winds down towards the IMO 2020 deadline you don’t need Drewry to tell you that it is going to be a pivotal year for the carrier industry. Failure to recover more of the fuel cost from customers

VLCC
A slower week saw rates in all areas generally come under downward pressure. Early last week 270,000mt to China fixed at WS 66, but finished the week in the very low WS 60s. Going west, rates for 280,000mt to