Thu24Dec |
During the first eleven months of 2015, services such as bunkering, repairs and chandelling are said to have increased by 18.2 percent year on year at the port. |
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Thu24Dec |
The Telegraph notes it was warned by Saudi Arabia 30 years ago that "The Stone Age came to an end, not because we had a lack of stones." |
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Thu24Dec |
The port authority says a concession agreement is set for signing in the beginning of 2016. |
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Thu24Dec |
A fund run by Macquarie Group may be close to buying a minority stake in Singapore's Universal Terminal, partnering with PetroChina and local traders. |
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Thu24Dec |
The 71,500 DWT Esna was arrested at India's port of Dahej after ING filed a lawsuit to recover $431,200 for bunkers supplied in October 2014. |
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Thu24Dec |
Fratelli Cosulich has acquired 100 percent of the shares of Chemoil Monde Export. |
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Wed23Dec |
We are still witnessing 7 year lows and it is more than likely that the market will sustain the low environment well into 2016. |
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Wed23Dec |
While some industry insiders are forecasting more pain ahead in crude markets, officials in oil-rich Alberta say the market is at the "bottom of the trough." |
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Wed23Dec |
Traders see a 71 percent chance the country will default within the next 12 months. |
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Wed23Dec |
Banchero Costa notes the Chinese rules allow for higher sulfur levels, while lower bunker prices may also be helpful. |
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Wed23Dec |
Drewry says U.S. West Coast ports "have much work to do" if they intend to handle 18,000 TEU containerships regularly. |
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Wed23Dec |
Shipping experts told Reuters that a wave of deals is coming in the downtrodden LNG sector, but that a "cull" will ultimately be good for business. |
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Wed23Dec |
A new BIMCO analysis shows Chinese shippers are leading a global trend toward scrapping of younger vessels amid the current shipping downturn. |
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Wed23Dec |
"Disappointed" that shipping was left out of the COP21 agreement, the association says it is taking a leadership role in shipping emissions reductions. |
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Wed23Dec |
Dan-Bunkering says it signed the deal for physical supplies in Buenaventura, Colombia in order to strengthen its physical presence in Latin America. |
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Tue22Dec |
A survey ordered by the Dutch Shippers' Association shows businesses that ship cargo overseas are concerned about increasing shipping monopolies. |
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Tue22Dec |
Prices for the benchmark crude neared $36 per barrel Monday, the lowest level since July 2004. |
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Tue22Dec |
A recent overhaul of ports investment in South Africa creates a $66 million opportunity in clean fuel bunkers, says President Jacob Zuma. |
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Tue22Dec |
The latest developments lead one market commentator to ask whether OPEC really is still a cartel. |
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Tue22Dec |
Navigation tests will take place on the original inauguration date of April, with an opening date now said to be no later than June. |
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