SAR Transport Systems Pvt Ltd

27 Oct

Overall bunker sales in Singapore dipped to a three-month low at 4.34 mmt in September as higher bunker prices weighed on buying interest from owners. Average Singapore 380cst bunker prices...

27 Oct

Cosco Shipping Ports’ Earnings, Volumes Up in 3Q

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in Company News, COSCO Shipping Ports, earnings, Featured, Headlines, News by topic, NEWS category, Port News, Press releases, Regional news, South & Central Asia, Volumes

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China-based Cosco Shipping Ports Limited delivered improved earnings, accompanied by greater volumes in the third quarter of 2017, driven by the growth of international trade. Amid improvement in international trade, and the support...

27 Oct

On the heels of the two orders by containership majors CMA CGM and MSC for 22,000 TEU ships, the market fears there is a risk other carriers might follow suit...

27 Oct

Astomos, Elgas to Study LPG as Ship Bunker Fuel

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in Asia Pacific, Astomos Energy Corporation, Bunker Fuel, Company News, Elgas, Featured, Headlines, LPG, News by topic, NEWS category, Press releases, Regional news, Shipping News, South & Central Asia

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Japan’s Astomos Energy Corporation and Australian LPG distributor Elgas have agreed to further study the use of liquefied petroleum gas (LPG) as ship bunker fuel. Under a Memorandum of Understanding (MOU), the...

27 Oct

World Dream Delivered to Genting Hong Kong

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in Company News, Europe & Eurasia, Featured, Ferry & Cruise News, Genting Hong Kong, Headlines, Meyer Werft, News by topic, NEWS category, Press releases, Regional news, Shipbuilding, Shipbuilding News, South & Central Asia, World Dream

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German shipbuilder Meyer Werft has handed over the new cruise vessel World Dream to the Asian shipping company Dream Cruises, a subsidiary of Genting Hong Kong. The new ship can...

27 Oct

Injured Seafarer Evacuated from Bulker off South Africa

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in Africa, Company News, Evacuation, Featured, Headlines, injury, MV Cape Enterprise, News by topic, NEWS category, NSRI, Press releases, Regional news, Shipping News

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South African authorities evacuated an injured crewmember from the bulk carrier Cape Enterprise, operated by Japan’s K Line, on October 26. The 24-year-old crewman was suffering from an injured left...

26 Oct

Shipowners go bargain hunting in the dry bulk sector

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in Dry Bulk Market, Hellenic Shipping News, Tops

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The surge of the dry bulk market has prompted a strong turnout in the secondhand sales ships’ market as well. However, with the market quickly transforming itself into a sellers’...

26 Oct

Shipping bonds issuance momentum continues

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in International Shipping News, Tops, ΒunkerportsnewsΠρώτηΣελιδα

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A growing number of shipping companies have taken advantage of the low interest rate environment and tapped the debt capital markets. This comes at a time when the availability of...

26 Oct

Shipping industry still weighed down by overcapacity

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in International Shipping News, Tops

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The Review of Maritime Transport 2017 says that seaborne trade grew by 2.6 per cent in 2016, reaching 10.3 billion tons. Although this was a welcome improvement to the 2.1...

26 Oct

China says will not set target to double GDP from 2021, in change from the past

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in World Economy News, Πρώτη σελιδα

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China will not set a goal of doubling its gross domestic product starting in 2021 so it can focus more on higher-quality, long-term growth, a senior Communist Party official said,...

26 Oct

Draghi Calls for Caution as Flagship Stimulus Heads to Exit

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in World Economy News, Πρώτη σελιδα

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Mario Draghi warned that the European Central Bank will remain cautious even as he put his signature stimulus measure on the road toward an exit. The ECB plans to dial...

26 Oct

ECB’s Draghi says capacity there to extend asset buys if needed

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in World Economy News

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The way the European Central Bank plans to manage its asset purchase programme means it will retain the capacity to extend it further should the need arise, its President Mario...

News & Updates

Singapore Bunker Sales Dip to Three-Month Low in September

Cosco Shipping Ports’ Earnings, Volumes Up in 3Q

Drewry: Ordering Spree in Boxship Sector Unlikely

Astomos, Elgas to Study LPG as Ship Bunker Fuel

World Dream Delivered to Genting Hong Kong

Injured Seafarer Evacuated from Bulker off South Africa

Shipowners go bargain hunting in the dry bulk sector

Shipping bonds issuance momentum continues

Shipping industry still weighed down by overcapacity

China says will not set target to double GDP from 2021, in change from the past

Draghi Calls for Caution as Flagship Stimulus Heads to Exit

ECB’s Draghi says capacity there to extend asset buys if needed

Newbuilding ordering activity remains at a standstill, boding well for future tonnage supply

Verifavia Shipping Expands Into Greece and Cyprus

BIMCO and GIIGNL publish a groundbreaking voyage charter party for LNG trade

Dry bulk recovery will need demand growth to outpace supply, in order to materialize says shipbroker

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