New York-listed dry bulk shipowner Star Bulk Carriers has secured $70m in green loan financing for its scrubber retrofits as part of a $310m loan agreement.
In its 2018 edition of Maritime Transport Review, UNCTAD informed that in 2017, total newbuilding delivery amounted to 65 million gross tons, equivalent to 5.2% of the start-of-year fleet in 2017.
Seaborne trade is expected to grow by 4% this year, the same as in 2017, which was the fastest rate for five years, according to the 2018 edition of the UNCTAD Review of Maritime Transport.
International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals.
Predicting the recovery in asset prices involves many factors, and the current strength of spot market returns, or term hire rates are only a part of the story.
Geo intelligence firm Fugro and local energy operator Jagal are to launch a Nigeria-focused site characterisation and asset integrity services joint venture.
In its latest annual report on the world's oil market outlook, OPEC has lowered its prediction for non-compliance with the IMO 2020 fuel sulfur content regulation.
Seanergy Maritime Holdings Corp, announced today that it has entered into definitive agreements with unaffiliated third parties for the purchase of a modern secondhand Capesize vessel
The technology group Wärtsilä has decided to reorganise into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets.
Shell Canada Energy, an affiliate of Royal Dutch Shell, has taken a FID on LNG Canada, a major LNG project in Kitimat, British Columbia, Canada, in which Shell has a 40 percent working interest.
The Golden Week holiday prompted an uptick in enquiry with rates firming four points to WS 59/59.5 for 270,000mt from the Middle East Gulf to both China and Singapore
