VLCC
Very little change as rates remained around WS 51/52 level. New Harvest fixed the New Naxos basis 270,000mt AG/China for end of August at WS 51, with talk of Eco Leader fixing WS 53 for AG/Yingkou basis 1 September.

The LNG carrier Stena Blue Sky was historical when it delivered its cargo to the first privately-owned LNG terminal in China. Chinese gas distributor, ENN invited the LNG carrier to become the first vessel to unload at the new Xin'ao

In order to help companies fulfill MRV obligations, the European Maritime Safety Agency (EMSA), developed and operated a European Union-specific information system, THETIS.

Ship owners are facing the MRV requests that have been imposed on the maritime sector, for vessels with

VLCC
Basis 270,000mt AG/China rates slipped to WS 52, with talk of 2004-built tonnage agreeing WS 49.5. Total fixed to Japan at WS 50, while Korea also went at WS 50. For USG rates also softened to around WS 24.25

NYK and NYK Group companies MTI Co. Ltd., Keihin Dock Co. Ltd., and Japan Marine Science Inc. (JMS) have been selected by Japan’s Ministry of Land, Infrastructure, Transportation and Tourism (MLIT) to participate in a demonstration project utilizing ship maneuvering

In a follow up to their January announcement, A.P. Moller –Maersk (MAERSKb.CO) and IBM (NYSE: IBM) announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world’s global supply chain. TradeLens is the result

The marine market is in the process of becoming “greener” and more environmentally friendly. The major drivers are ballast water treatment regulations, tighter regulation of pollution from exhaust gasses and a move towards using LNG as fuel. For ship owners

Thordon Bearings Inc. and Heddle Marine Service Inc. have signed a cooperative agreement under which the Canada-based ship repair company will work together with Thordon Bearings Inc. to promote the conversion of ships' oil lubricated propeller shafts to Thordon's COMPAC

Liberia continues to deploy significant improvements to its state-of-the-art web-based client interface system, WayPoint, by enhancing certificate security features, introducing a QR Code symbol for electronic certificates and streamlining the procedure for document verification. WayPoint was launched in late-2016 to

Bangkok-based Sea Oil Public Company Limited's Singapore subsidiary, Sea Oil Petroleum Pte Ltd, is pleased to announce the appointment of 35-year bunker veteran Neil Lamerton as its UK Representative while introducing four Bunker Traders at its Singapore office. Neil is