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BGC Enters Shipping, Buys Poten & Partners

Global financial and technology giant BGC Partners has completed the acquisition of Poten & Partners, a ship brokerage, consulting and business intelligence firmspecializing in LNG, tanker and LPG markets.

OSV Operators Warn of Continued Weak Day Rates

OSV operators Tidewater, Maersk Group and Bourbon Offshore all warn that the OSV market will continue to suffer from low day rates for the near term. 

Maersk say bunker surcharges fail to fully cover fuel cost increases in Q3

AP Moller - Maersk says that despite the introduction of an emergency bunker surcharge it is not recovering the full cost of increased fuel prices.

Stolt-Nielsen, Golar LNG and Höegh LNG announce joint $182 mln investment in Avenir LNG

Stolt-Nielsen Limited, Golar LNG Limited and Höegh LNG Holdings Limited announced a combined investment commitment of USD 182 million in Avenir LNG

ICS Chairman worried about today’s threats to global trade

Speaking in Tokyo, the Chairman of the International Chamber of Shipping (ICS), Esben Poulsson, gave emphasis on serious concerns regarding the challenge that the US presented

Container Lines and Terminal Operators Sign Blockchain MOU

Nine ocean carriers and terminal operators have signed an MOU to form a consortium to develop the Global Shipping Business Network , an open digital platform based on distributed ledger technology. 

$300m possible fraud uncovered at Aegean Marine

Up to $300m of cash and assets of Aegean Marine Petroleum Network were believed to have been misappropriated through

IMO 2020: Scrubber Installations Are Booming and There’s A Very Good Reason for That

Over the course of the past couple of months, there have been news of mass installations of scrubbers on board entire company fleets, ranging from tankers, to dry bulk carriers and container ships.

BIMCO: US soya bean exports to China down 97%

The trade war and particularly the Chinese tariffs on imports of U.S. soya beans can now clearly be seen with the start of the soya bean peak exporting period in the U.S.

CMA CGM to implement low sulphur surcharge in China

CMA CGM announced that as from October 1st, 2018, the 0.50% sulphur limit will be applicable to the ports of Shanghai and Ningbo in the People's Republic of China.

Ghana starts construction of LNG import project

Ghana’s LNG import project has started construction, as two vessels were contracted to store and regasify the fuel by 2020. 

Gaslog Mulls Buybacks, Extra Dividends as Rates Soar

Gaslog, a LNG carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit

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