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HMM Talking Investment with BlackRock

South Korean container shipping company Hyundai Merchant Marine (HMM) is in talks with asset manager BlackRock Inc about a potential investment in the company. “It is true that there was...

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JAX LNG Gets Nod for Ship-to-Ship LNG Bunkering

Florida-based liquefied natural gas supplier JAX LNG has received acceptance for the operations at its waterfront LNG facility and approval to conduct ship-to-ship LNG bunkering. Under a Letter of Acceptance (LOA)...

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VLCC Cargoes Keep On Rising

Cargo availability is on the rise in the Middle East VLCC market, but rates don’t seem to be able to pick up considerably. In its latest weekly report, shipbroker Charles...

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