Previously, due to the highly competitive marine fuels market in Singapore, bunker suppliers would undercut each other to get business.
The parent of Orient Overseas Container Line said it has not received a bid for the Hong Kong-based carrier.
The International Energy Agency has forecast that the global gas trade would grow by 40% to 780 million m3 between 2014 and 2020.
The explosion happened on Thursday evening as the ship was docking at Felixstowe port.
Hoegh LNG Holdings Ltd., the listed gas carrier and FSRU owner in the Leif Hoegh group in Norway, on Friday became the second company so far this year to successfully tap the market.
Newly launched Jurong Port Academy hopes to enhance port workers’ abilities through the use of technology and innovation to address the issue of an ageing workforce.
ASL Marine has gained bondholders’ approval to restructure SGD150 million in bonds.
Failure on the part of the shipping industry to proactively act on reducing carbon emissions will likely result in national or regional regulation that impose a heavy burden on shipping companies.
SM Line Corporation, the newly formed entity that will relaunch Hanjin Shipping's Asia-US and intra-Asia services, will base its headquarters in Busan North Port once the latter’s redevelopment is completed.
Hyundai Merchant Marine (HMM) is keen on acquiring a stake in one of Hanjin Shipping’s Busan terminals, but this would require the approval of Singapore port operator PSA International.
Italian shipbuilder Fincantieri has agreed to construct two newbuildings for cruise giant Carnival Corp in a deal valued at over USD1.06 billion.
Vessels and terminals operating in the United States are under more pressure to report cyber threat activity to federal agencies through a new directive from the US Coast Guard.
Operadura Portuaria Centroamericana (OPC) has awarded China Harbour Engineering Company (CHEC) a contract for the first phase expansion of the Specialized Container and Cargo Terminal (SCCT) in Puerto Cortės, Honduras.