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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

ONE Drags Down NYK Line Earnings

Container line joint venture ONE dragged down NYK Line in the first half of 2018 ended September 30 with with Japanese shipping group in the red.

Star Bulk Carriers Corp. Announces The Termination Of The Debt Restructuring Restrictions And A $625 Million Financing Update

Star Bulk Carriers Corp., a global shipping company focused on the transportation of dry bulk cargoes announced that it has repaid to its lenders all outstanding deferred

China Readies for First Import Expo

China will be holding it's first international import expo in Shanghai between November 5 and 10.

Nine Expands With $493 Million Magnum Oil Tools Acquisition

Nine Energy Service Inc.said Oct. 15 it plans to beef up its completion tools business with the $493 million acquisition of Magnum Oil Tools International Ltd.

Damen Maaskant Shipyards Stellendam celebrates 70 years

13 October a party was held at Damen Maaskant Shipyards Stellendam to mark three key events; the 70th anniversary of the foundation of the yard, the departure of Managing Director Frits van Dongen and the appointment of Eric Moerkerk in his place.

Star Bulk secures $70m in green loan financing for scrubber retrofits

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.

Stolt-Nielsen, Golar and Höegh target small-scale LNG and bunkering

Stolt-Nielsen, Golar LNG and Höegh LNG are investing $182m in Avenir LNG to develop small-scale LNG distribution and LNG bunkering.

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